Difference between revisions of "Timeline of Tata Group"

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| 1868 || || || "The Tata Group was founded as a private trading firm in 1868 by entrepreneur and philanthropist Jamsetji Nusserwanji Tata."<ref name="Tata Group">{{cite web |title=Tata Group |url=https://www.britannica.com/topic/Tata-Group |website=britannica.com |accessdate=17 September 2019}}</ref>
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| 1868 || || || "The Tata Group was founded as a private trading firm in 1868 by entrepreneur and philanthropist Jamsetji Nusserwanji Tata."<ref name="Tata Group">{{cite web |title=Tata Group |url=https://www.britannica.com/topic/Tata-Group |website=britannica.com |accessdate=17 September 2019}}</ref> "29-year-old Jamsetji Nusserwanji Tata starts a trading company with a capital of ₹21,000 — the early beginnings of what would one day become the Tata group."<ref name="The Complete Story">{{cite web |title=Our Timeline: The Complete Story, Tata group |url=https://www.tata.com/about-us/tata-group-our-heritage/Our-Timeline |website=tata.com |accessdate=18 September 2019}}</ref>
 
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| 1874 || || || "In a bold move, Jamsetji establishes a textile mill in Nagpur instead of Bombay — India's textile hub. The Empress Mills experiment would prove to be a stroke of genius."<ref name="The Complete Story"/>
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| 1886 || || || "Empress Mills pioneers employee welfare initiatives, long before they are enacted by law. 150 years later, the Tata group remains a 'people-first' enterprise."<ref name="The Complete Story"/>
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| 1892 || || || "Jamsetji establishes the JN Tata Endowment Fund to help Indian students pursue higher studies abroad."<ref name="The Complete Story"/>
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| 1902 || || || " In 1902 the group incorporated the Indian Hotels Company to commission the Taj Mahal Palace & Tower, the first luxury hotel in India, which opened the following year. "<ref name="Tata Group"/>
 
| 1902 || || || " In 1902 the group incorporated the Indian Hotels Company to commission the Taj Mahal Palace & Tower, the first luxury hotel in India, which opened the following year. "<ref name="Tata Group"/>
 
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| 1903 || || || " In 1902 the group incorporated the Indian Hotels Company to commission the Taj Mahal Palace & Tower, the first luxury hotel in India, which opened the following year. "
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| 1903 || || || " In 1902 the group incorporated the Indian Hotels Company to commission the Taj Mahal Palace & Tower, the first luxury hotel in India, which opened the following year. "<ref name="Tata Group"/> "The Taj Mahal Hotel opens for business on December 16. It is one of Jamsetji's many dreams for India, and the only one that would come to fruition in his lifetime."<ref name="The Complete Story"/>
 
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| 1904 || || || "After Jamsetji’s death in 1904, his son Sir Dorab Tata took over as chair of the Tata Group.<ref name="Tata Group"/>
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| 1904 || || || "After Jamsetji’s death in 1904, his son Sir Dorab Tata took over as chair of the Tata Group.<ref name="Tata Group"/> "It falls to his older son, Sir Dorabji Tata, to bring his father's grand vision for India to life. He becomes Chairman when Jamsetji passes away in Germany in 1904."<ref name="The Complete Story"/>
 
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| 1907 || || || "Under Dorab’s leadership the group quickly diversified, venturing into a vast array of new industries, including steel (1907), electricity (1910), education (1911), consumer goods (1917), and aviation (1932)."<ref name="Tata Group"/>
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| 1907 || || || "Under Dorab’s leadership the group quickly diversified, venturing into a vast array of new industries, including steel (1907), electricity (1910), education (1911), consumer goods (1917), and aviation (1932)."<ref name="Tata Group"/> "Sir Dorab first establishes Tata Iron and Steel Company (now Tata Steel) in remote Sakchi, and builds a hospital for the village, years before the first ingot is rolled out."<ref name="The Complete Story"/>
 
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|-
 
| 1910 || || || "Under Dorab’s leadership the group quickly diversified, venturing into a vast array of new industries, including steel (1907), electricity (1910), education (1911), consumer goods (1917), and aviation (1932)."<ref name="Tata Group"/>
 
| 1910 || || || "Under Dorab’s leadership the group quickly diversified, venturing into a vast array of new industries, including steel (1907), electricity (1910), education (1911), consumer goods (1917), and aviation (1932)."<ref name="Tata Group"/>

Revision as of 06:48, 18 September 2019

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Year Month and date Event type Details
1868 "The Tata Group was founded as a private trading firm in 1868 by entrepreneur and philanthropist Jamsetji Nusserwanji Tata."[1] "29-year-old Jamsetji Nusserwanji Tata starts a trading company with a capital of ₹21,000 — the early beginnings of what would one day become the Tata group."[2]
1874 "In a bold move, Jamsetji establishes a textile mill in Nagpur instead of Bombay — India's textile hub. The Empress Mills experiment would prove to be a stroke of genius."[2]
1886 "Empress Mills pioneers employee welfare initiatives, long before they are enacted by law. 150 years later, the Tata group remains a 'people-first' enterprise."[2]
1892 "Jamsetji establishes the JN Tata Endowment Fund to help Indian students pursue higher studies abroad."[2]
1902 " In 1902 the group incorporated the Indian Hotels Company to commission the Taj Mahal Palace & Tower, the first luxury hotel in India, which opened the following year. "[1]
1903 " In 1902 the group incorporated the Indian Hotels Company to commission the Taj Mahal Palace & Tower, the first luxury hotel in India, which opened the following year. "[1] "The Taj Mahal Hotel opens for business on December 16. It is one of Jamsetji's many dreams for India, and the only one that would come to fruition in his lifetime."[2]
1904 "After Jamsetji’s death in 1904, his son Sir Dorab Tata took over as chair of the Tata Group.[1] "It falls to his older son, Sir Dorabji Tata, to bring his father's grand vision for India to life. He becomes Chairman when Jamsetji passes away in Germany in 1904."[2]
1907 "Under Dorab’s leadership the group quickly diversified, venturing into a vast array of new industries, including steel (1907), electricity (1910), education (1911), consumer goods (1917), and aviation (1932)."[1] "Sir Dorab first establishes Tata Iron and Steel Company (now Tata Steel) in remote Sakchi, and builds a hospital for the village, years before the first ingot is rolled out."[2]
1910 "Under Dorab’s leadership the group quickly diversified, venturing into a vast array of new industries, including steel (1907), electricity (1910), education (1911), consumer goods (1917), and aviation (1932)."[1]
1911 "Under Dorab’s leadership the group quickly diversified, venturing into a vast array of new industries, including steel (1907), electricity (1910), education (1911), consumer goods (1917), and aviation (1932)."[1]
1917 "Under Dorab’s leadership the group quickly diversified, venturing into a vast array of new industries, including steel (1907), electricity (1910), education (1911), consumer goods (1917), and aviation (1932)."[1]
1932 "Under Dorab’s leadership the group quickly diversified, venturing into a vast array of new industries, including steel (1907), electricity (1910), education (1911), consumer goods (1917), and aviation (1932)."[1]
1932 "Following Dorab’s death in 1932, Sir Nowroji Saklatwala became the group’s chair."[1]
1939 " Jehangir Ratanji Dadabhoy Tata (J.R.D.) took over the position. His continued expansion of the company into new sectors—such as chemicals (1939), technology (1945), cosmetics (1952), marketing, engineering, and manufacturing (1954), tea (1962), and software services (1968)"[1]
1945 " Jehangir Ratanji Dadabhoy Tata (J.R.D.) took over the position. His continued expansion of the company into new sectors—such as chemicals (1939), technology (1945), cosmetics (1952), marketing, engineering, and manufacturing (1954), tea (1962), and software services (1968)"[1]
1945 ". In 1945 Tata Group established the Tata Engineering and Locomotive Company (TELCO) to manufacture engineering and locomotive products; it was renamed Tata Motors in 2003."[1]
1952 " Jehangir Ratanji Dadabhoy Tata (J.R.D.) took over the position. His continued expansion of the company into new sectors—such as chemicals (1939), technology (1945), cosmetics (1952), marketing, engineering, and manufacturing (1954), tea (1962), and software services (1968)"[1]
1954 " Jehangir Ratanji Dadabhoy Tata (J.R.D.) took over the position. His continued expansion of the company into new sectors—such as chemicals (1939), technology (1945), cosmetics (1952), marketing, engineering, and manufacturing (1954), tea (1962), and software services (1968)"[1]
1962 " Jehangir Ratanji Dadabhoy Tata (J.R.D.) took over the position. His continued expansion of the company into new sectors—such as chemicals (1939), technology (1945), cosmetics (1952), marketing, engineering, and manufacturing (1954), tea (1962), and software services (1968)"[1]
1968 " Jehangir Ratanji Dadabhoy Tata (J.R.D.) took over the position. His continued expansion of the company into new sectors—such as chemicals (1939), technology (1945), cosmetics (1952), marketing, engineering, and manufacturing (1954), tea (1962), and software services (1968)"[1]
1991 " In 1991 J.R.D.’s nephew, Indian business mogul Ratan Tata, succeeded him as chairman of the Tata Group. Upon assuming leadership of the conglomerate, Ratan aggressively sought to expand it, and increasingly he focused on globalizing its businesses. "[1]
2001 "In 2000 the group acquired London-based Tetley Tea, and in 2004 it purchased the truck-manufacturing operations of South Korea’s Daewoo Motors. "[1]
2001 "In 2001 Tata Group partnered with American International Group, Inc. (AIG) to create the insurance company Tata-AIG."[1]
2003 ". In 1945 Tata Group established the Tata Engineering and Locomotive Company (TELCO) to manufacture engineering and locomotive products; it was renamed Tata Motors in 2003."[1]
2004 "In 2000 the group acquired London-based Tetley Tea, and in 2004 it purchased the truck-manufacturing operations of South Korea’s Daewoo Motors. "[1]
2007 "In 2007 Tata Steel completed the biggest corporate takeover by an Indian company when it acquired the giant Anglo-Dutch steel manufacturer Corus Group. The following year the company made headlines worldwide when it ventured into the automotive industry."[1]
2008 "In 2007 Tata Steel completed the biggest corporate takeover by an Indian company when it acquired the giant Anglo-Dutch steel manufacturer Corus Group. The following year the company made headlines worldwide when it ventured into the automotive industry."[1]
2008 "On January 10, 2008, Tata Motors officially launched the Nano, a tiny, rear-engine, pod-shaped vehicle that eventually sold at a base price (excluding options, tax, and transportation fees) equivalent to $1,500 to $3,000. Although only slightly more than 3 metres (10 feet) long and about 1.5 metres (5 feet) wide, the highly touted “People’s Car” could seat up to five adults and, in Tata’s words, would provide a “safe, affordable, all-weather form of transport” for millions of middle- and lower-income consumers both in India and abroad. "[1]
2008 "Tata Motors purchased the elite British brands Jaguar and Land Rover from the Ford Motor Company in 2008."[1]
2009 " The first Nano hit the road in India in July 2009."[1]
2012 "Four years later Ratan Tata retired and was succeeded by Cyrus Mistry."[1]
2016 October " Mistry was abruptly dismissed as chairman in October 2016—reportedly over disagreements with members of the Tata family regarding business strategy—and Ratan returned to the position on an interim basis."[1]
2017 January " Ratan’s second stint as chairman ended in January 2017 when Natarajan Chandrasekaran was appointed to the position."[1]

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References

  1. 1.00 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 1.11 1.12 1.13 1.14 1.15 1.16 1.17 1.18 1.19 1.20 1.21 1.22 1.23 1.24 1.25 1.26 1.27 1.28 1.29 "Tata Group". britannica.com. Retrieved 17 September 2019. 
  2. 2.0 2.1 2.2 2.3 2.4 2.5 2.6 "Our Timeline: The Complete Story, Tata group". tata.com. Retrieved 18 September 2019.