From Trading to Titans: The Tata Group's Journey

The Tata Group, a multinational conglomerate based in India, has a rich history spanning over 150 years. Here is a detailed timeline of its key milestones:

1868: Jamsetji Nusserwanji Tata, the founder of the Tata Group, started a trading company with a capital of ₹21,000.

1874: Jamsetji established a textile mill in Nagpur.

1892: Jamsetji established the JN Tata Endowment Fund to help Indian students continue their studies abroad.

1903: The Taj Mahal Hotel, one of the most iconic hotels in India, opened for business.

1904: Jamsetji passed away, and his son, Sir Dorabji Tata, became the Chairman in 1904.
1907: Sir Dorabji's first establishment, the Tata Iron and Steel Company (TISCO), was founded.

1917: The group made its consumer space debut with Tata Oil Mills Co (TOMCO), known for popular soap brands, Hamam and Moti.

1938: J. R. D. Tata, the grandson of Jamsetji Tata, became chairman of the Tata Group.

1945: Tata Motors, formerly known as Tata Engineering and Locomotive Co. Ltd., was founded.

1953: The Government of India passed the Air Corporations Act and purchased a majority stake in Tata Airlines, though JRD Tata would continue as chairman till 1977.

1968: Tata Consultancy Services (TCS), one of the world's largest IT services companies, was founded.

1991: Ratan Tata, the son of J. R. D. Tata, became chairman of the Tata Group.

1998: Tata Motors launched the Tata Indica, India's first indigenously developed passenger car.

2000: Tata Tea acquired the iconic, then 160-year-old, British Tetley group.

2008: Tata Motors acquired Jaguar Land Rover, a British luxury car manufacturer.

2012: Ratan Tata stepped down as chairman of the Tata Group, and N. Chandrasekaran took over.

2017: The Tata Group celebrated its 150th anniversary.

2019: Tata Power Renewable Energy Limited, a subsidiary of Tata Power, became the world's largest renewable energy company.

2020: The Tata Group announced plans to merge its consumer goods businesses, including Tata Consumer Products Limited and Tata Coffee Limited.

2021: Tata Group acquired Air India, India's national airline, from the Government of India.

2022: Tata Group acquired the British steelmaker Corus Group.

2023: Tata Group announced plans to invest in a new semiconductor manufacturing facility in India.

● The Tata Group has continued to grow and diversify, expanding into various sectors such as steel, automobiles, information technology, consumer goods, and hospitality.

● It remains one of India's most prominent and respected business conglomerates, known for its commitment to innovation, social responsibility, and nation-building.

Credit: Tata

Post a Comment

Previous Post Next Post

Contact Form