Thursday, May 17, 2012

Tata Group: Leadership with Trust


The Tata Group is composed of more than 100 companies in seven different industries: chemicals, consumer products, energy, services, materials, engineering and information and communications technology. The group is operating in over 80 countries.

The revenues of the whole group were recorded at $83.3 billion in 2011. More than half of the revenues come from markets outside India. Tata Group employs more than 425,000 workers worldwide.

Each Tata Subsidiary operates independently. Each company operates independently; that is, it has its own board and stockholders. Thirty-one of these companies are publicly traded, with combined capitalization of $86.53 billion as of May 11, 2012.

More than 60% of Tata Sons, the holding company, is devoted for philanthropic activities that create science and technology institutions, help medical researches, and promote performing arts. It was reported that Tata Group has spent 3% of the group’s 2011 net profit for development-related activities that year.

The conglomerate was established by Jamsetji Tata in 1868.

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