In 1868, Jamsetji Nusserwanji Tata aka the father of Indian industry bought a bankrupt oil mill and converted it into a cotton mill, kicking off Tata Group’s journey. Today, there are 28 publicly listed Tata companies with a combined market capitalisation ₹22.2 lakh crore as on September 8, 2021, making it India’s largest business conglomerate with products and services in over 150 countries along with operations in 100 countries across six continents. Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. Tata Group is the country’s third-largest employer after the Indian Railways and defence forces. The group leads the nation in 10 diverse business verticals.
Consider this: HDFC Group is the second-largest Indian business group with a market capitalisation of ₹16 lakh crore followed by Reliance Group at ₹15.7 lakh crore. You would be amazed to know that the market capitalisation of Tata Consultancy Services (TCS) alone is worth more than the combined market capitalisation of HCL, Mahindra and Mahindra, Jindal and Vedanta Group. Guided by the motto of ‘Leadership with Trust’, Tata Group’s companies believe in the long-term development of value for all its stakeholders worldwide. A high degree of emphasis on ethos, quality, innovation, sustainable activities as well as business evolution – these are just a couple of the tags which the Tata brand has been pegged for.
A True Leader
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