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! Time period !! Development summary !! More details
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| 1868–1947 || British India || After a voyage to {{w|England}} and having discovered significant opportunities for Indian participation in a British-dominated textiles industry<ref name="India as a Model for Global Development"/>, {{w|Jamsetji Nusserwanji Tata}} funds Tata as a private trading company. The firm enters the textile business in the first years. However, business diversification begins already in this century. In 1898, Hotel Taj in {{w|Mumbai}} becomes the first hotel of such standard in India, and lays the foundation of [[w:Taj Hotels|Taj Group]] of hotels.
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| 1947–1991 || Independent India || After having won its independence from Britain, the Indian Government introduces legislation against monopoly industries and high tax dividends. As a result, Tata would diversify diversifies its activities into unrelated businesses in order to investits invest its revenues in different sectors rather than pay high taxes.<ref name="Global Strategic Management">{{cite book |last1=Frynas |first1=Jedrzej George |last2=Mellahi |first2=Kamel |title=Global Strategic Management |url=https://books.google.com.ar/books?id=QYJ1BQAAQBAJ&pg=PA237&lpg=PA237&dq=%22tata%22+%22high+taxes%22&source=bl&ots=aaz41qAspc&sig=ACfU3U0_Tc5WmxbEfRK5TfyJV0TYp323_w&hl=en&sa=X&ved=2ahUKEwjB2ou1lO_lAhXNIbkGHS2dDTQQ6AEwB3oECAkQAQ#v=onepage&q=%22tata%22%20%22high%20taxes%22&f=false}}</ref> This period also marks the beginning of attempts of {{w|nationalization}}s of companies. {{w|Tata Airlines}} is nationalized in 1953, while unsuccessful attempts to nationalize {{w|Tata Steel}} occur in 1971 and 1979. On the other hand, many British companies are sold to Indians.<ref>{{cite book |last1=Paul |first1=E. Jaiwant |title=The Story of Tea |url=https://books.google.com.ar/books?id=gd2mBAAAQBAJ&pg=PT36&dq=%22tata%22+%22independence%22+%22india%22+%221947%22&hl=en&sa=X&ved=0ahUKEwjGrZrykO_lAhWLILkGHSCrCC8Q6AEIODAC#v=onepage&q=%22tata%22%20%22independence%22%20%22india%22%20%221947%22&f=false}}</ref> In 1976, [[W:Tata Global Beverages|Tata Finlay]] takes over the production and marketing operations of James Finlay.
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| 1991 onwards || Liberal India || India liberalizes its economy, and Tata intinsifies its diversification strategy. By this time, the group is considered to be successful in leveraging its well-reorganized and admired brand name across a variety of unrelated business, and the liberalization of the economy creates new business sectors and oportunities leading Tata to diversify even further. Since the 2000s, Tata accelerates its international expansion strategy.<ref name="Global Strategic Management"/>
