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Tata Group

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Tata Group

 Tata Group History

The Tata Group was founded by Jamsetji Tata in 1868 as a trading company, evolving into an Indian multinational conglomerate headquartered in Mumbai. Key milestones include establishing India's first steel plant in 1907, the first luxury hotel (Taj Mahal Palace Hotel) in 1903, and Tata Airlines (later Air India) in 1932. Under leaders like JRD Tata and Ratan Tata, the group expanded rapidly, with major international acquisitions such as Corus Steel and Jaguar Land Rover in the 2000s.  

Early years and nation-building (1868–1938) 

  • 1868: Jamsetji Tata founds a trading company with an initial capital of ₹21,000. 
  • 1874: Establishes Empress Mills, a textile mill in Nagpur, which becomes a success. 
  • 1903: Opens the Taj Mahal Palace Hotel, India's first luxury hotel. 
  • 1907: Tata Iron and Steel Company (later Tata Steel) is founded, becoming India's first steel plant. The group also opens its first overseas office in London. 
  • 1910: Tata Power is established. 
  • 1932: Tata Airlines (which would later become Air India) is launched by JRD Tata. 

Expansion and globalization (1938–present) 

  • 1938: 

    JRD Tata becomes chairman and leads the group's expansion into a global powerhouse. 

  • 1940s-1980s: 

    The conglomerate grows by entering sectors like chemicals, engineering, and consumer goods. Tata Motors (founded as Tata Engineering and Locomotive Company in 1945) launches India's first indigenous passenger car, the Indica, in 1998. 

  • 1968: 

    Tata Consultancy Services (TCS) is established, a move that contributes to India becoming a global IT powerhouse. 

  • 2017: 

    Natarajan Chandrasekaran is appointed chairman, and Tata Sons converts from a public to a private limited company. 

  • 2024: 

    An agreement is reached to merge Vistara with Air India to form a single, larger airline.

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