Difference between revisions of "Timeline of 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"/>
 
| 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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| 1909 || || || "The Indian Institute of Science is established through the vision of JN Tata, 5 years after his death. The first batch of students is admitted in 1911."<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"/>
 +
|-
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| 1910 || || || "Jamsetji's dream of bringing clean energy to Mumbai by establishing Western India's first hydro plant, is brought to life by Sir Dorab. Tata Power is born."<ref name="The Complete Story"/>
 
|-
 
|-
 
| 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)."<ref name="Tata Group"/>
 
| 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)."<ref name="Tata Group"/>
 +
|-
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| 1912 || || || "Moved by widespread poverty in India, Sir Ratan Tata, Jamsetji's younger son and a philanthropist, funds research into its causes at the University of London."<ref name="The Complete Story"/>
 
|-
 
|-
 
| 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)."<ref name="Tata Group"/>
 
| 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)."<ref name="Tata Group"/>
 +
|-
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| 1917 || || || "The group makes its consumer space debut with Tata Oil Mills Co (TOMCO), known for popular soap brands, Hamam and Moti. It is sold to Hindustan Lever in 1984."<ref name="The Complete Story"/>
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|-
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| 1919 || || || "Sir Ratan Tata passes away this year, and the first of the Tata Trusts, the Sir Ratanji Tata Trust & Allied Trusts, is set up in accordance with his will. It has a corpus of Rs. 8 million."<ref name="The Complete Story"/>
 +
|-
 +
| 1920 || || || "India sends her first Olympic team to the games in Antwerp, largely due to Sir Dorab's efforts. In 1924, he finances the Indian team headed to the Paris games."<ref name="The Complete Story"/>
 +
|-
 +
| 1929 || || || "24-year-old JRD Tata receives the first pilot licence in India, the culmination of a childhood fascination with flying and with legendary aviator Louis Bleriot."<ref name="The Complete Story"/>
 
|-
 
|-
 
| 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)."<ref name="Tata Group"/>
 
| 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)."<ref name="Tata Group"/>
 +
|-
 +
| 1932 || || || "India's aviation aspirations soar as JRD pilots the first flight of the subcontinent from Karachi to Mumbai. Tata Airlines (later, Air India) is born."<ref name="The Complete Story"/>
 
|-
 
|-
 
| 1932 || || || "Following Dorab’s death in 1932, Sir Nowroji Saklatwala became the group’s chair."<ref name="Tata Group"/>
 
| 1932 || || || "Following Dorab’s death in 1932, Sir Nowroji Saklatwala became the group’s chair."<ref name="Tata Group"/>
 
|-
 
|-
| 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)"<ref name="Tata Group"/>
+
| 1936 || || || "The Tata Institute of Social Sciences is established, pioneering social work education in India. It remains an institution of excellence to this day."<ref name="The Complete Story"/>
 +
|-
 +
| 1938 || || || "Sir Nowroji passes away in France, propelling JRD Tata to the most powerful position in the group. At 34, he is the youngest Chairman in the group's history."<ref name="The Complete Story"/>
 +
|-
 +
| 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)"<ref name="Tata Group"/> "Tata Chemicals is incorporated in isolated, coastal Mithapur. A thriving community grows around the plant as the company grows into a market leader."<ref name="The Complete Story"/>
 +
|-
 +
| 1941 || || || "The Tata Memorial Hospital is commissioned by the Sir Dorabji Tata Trust. It pioneers cancer treatment in the country, and offers access to cancer care for all."<ref name="The Complete Story"/>
 
|-
 
|-
 
| 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)"<ref name="Tata Group"/>
 
| 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)"<ref name="Tata Group"/>

Revision as of 06:53, 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]
1909 "The Indian Institute of Science is established through the vision of JN Tata, 5 years after his death. The first batch of students is admitted in 1911."[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]
1910 "Jamsetji's dream of bringing clean energy to Mumbai by establishing Western India's first hydro plant, is brought to life by Sir Dorab. Tata Power is born."[2]
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]
1912 "Moved by widespread poverty in India, Sir Ratan Tata, Jamsetji's younger son and a philanthropist, funds research into its causes at the University of London."[2]
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]
1917 "The group makes its consumer space debut with Tata Oil Mills Co (TOMCO), known for popular soap brands, Hamam and Moti. It is sold to Hindustan Lever in 1984."[2]
1919 "Sir Ratan Tata passes away this year, and the first of the Tata Trusts, the Sir Ratanji Tata Trust & Allied Trusts, is set up in accordance with his will. It has a corpus of Rs. 8 million."[2]
1920 "India sends her first Olympic team to the games in Antwerp, largely due to Sir Dorab's efforts. In 1924, he finances the Indian team headed to the Paris games."[2]
1929 "24-year-old JRD Tata receives the first pilot licence in India, the culmination of a childhood fascination with flying and with legendary aviator Louis Bleriot."[2]
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 "India's aviation aspirations soar as JRD pilots the first flight of the subcontinent from Karachi to Mumbai. Tata Airlines (later, Air India) is born."[2]
1932 "Following Dorab’s death in 1932, Sir Nowroji Saklatwala became the group’s chair."[1]
1936 "The Tata Institute of Social Sciences is established, pioneering social work education in India. It remains an institution of excellence to this day."[2]
1938 "Sir Nowroji passes away in France, propelling JRD Tata to the most powerful position in the group. At 34, he is the youngest Chairman in the group's history."[2]
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] "Tata Chemicals is incorporated in isolated, coastal Mithapur. A thriving community grows around the plant as the company grows into a market leader."[2]
1941 "The Tata Memorial Hospital is commissioned by the Sir Dorabji Tata Trust. It pioneers cancer treatment in the country, and offers access to cancer care for all."[2]
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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