Indian multinational automobile manufacturing company
Tata Motors Limited
Headquarters in Mumbai
Formerly
Tata Engineering and Locomotive Company Ltd. (TELCO)
Company type
Public
Traded as
BSE: 500570
NSE: TATAMOTORS
NSE NIFTY 50 Constituent
ISIN
IN9155A01020
Industry
Automotive
Founded
1945; 79 years ago (1945)
Founder
Jehangir Ratanji Dadabhoy Tata
Headquarters
Mumbai, Maharashtra, India[1]
Area served
Worldwide
Key people
Natarajan Chandrasekaran (Chairman)
Martin Uhlarik (CDO)
Products
Automobiles
Luxury vehicles
Commercial vehicles
Automotive parts
Pickup trucks
SUVs
Production output
1.1 Million (approx)
(2021)
Services
Automotive finance
Vehicle leasing
Vehicle service
Revenue
₹350,600.15 crore (US$44 billion) (2023)[2]
Operating income
₹7,059.30 crore (US$880 million) (2023)[2]
Net income
₹2,414.30 crore (US$300 million) (2023)[2]
Total assets
₹336,081.38 crore (US$42 billion) (2023)[3]
Total equity
₹45,321.80 crore (US$5.7 billion) (2023)[3]
Number of employees
~81,811+(2023)[4]
Parent
Tata Group
Subsidiaries
Tata Motors Cars
Jaguar Land Rover
Tata Daewoo
Tata Marcopolo
Tata Technologies
Tata Hispano
Tata Hitachi Construction Machinery
Rating
S&P BB/Stable[5]
Website
www.tatamotors.com
Tata Motors Limited is an Indian multinational automotive company, headquartered in Mumbai and part of the Tata Group. The company produces cars, trucks, vans, and busses.[6]
Subsidiaries include British Jaguar Land Rover and South Korean Tata Daewoo. Tata Motors has joint ventures with Hitachi (Tata Hitachi Construction Machinery) and Stellantis, which makes vehicle parts for Fiat Chrysler and Tata-branded vehicles. On 12 October 2021, private equity firm TPG invested $1 billion in Tata Motors' electric vehicle subsidiary.[7]
Tata Motors has auto manufacturing and vehicle plants in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad, and Pune in India, as well as in Argentina, South Africa, the United Kingdom, and Thailand. It has research and development centers in Pune, Jamshedpur, Lucknow, Dharwad, India and South Korea, the United Kingdom, and Spain. Tata Motors is listed on the BSE (Bombay Stock Exchange), where it is a constituent of the BSE SENSEX index, the National Stock Exchange of India, and the New York Stock Exchange. The company is ranked 265th on the Fortune Global 500 list of the world's biggest corporations as of 2019.[8]
On 17 January 2017, Natarajan Chandrasekaran was appointed chairman of the company Tata Group. Tata Motors increased its UV market share to over 8% in FY2019.[9]
^"Contact Us - Tata Motors Limited". www.tatamotors.com. 14 October 2015. Archived from the original on 4 May 2019. Retrieved 30 July 2018.
^"Financials of Tata Motors Limited". CNN. Archived from the original on 16 October 2013.
^Barman, Arijit (12 October 2021). "TPG - Tata Motors: TPG drives into Tata Motors EV business with $1 billion investment". The Economic Times. Retrieved 13 October 2021.
^"Fortune Global 500 list". Archived from the original on 7 August 2019. Retrieved 18 October 2019.
^"Tata Motors Market Share". Auto Car Professional. Retrieved 2 April 2019.
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