Timeline of Tata Group

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This is a timeline of Tata Group.

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Time period Development summary More details
21st century "Tata Steel was one of the biggest producers of steel in India after SAIL. Till the earlier 21st century it was not on the top positions in the world of steel in terms of production around the world. The year 2004 and 2005 saw some of the biggest acquisitions made by Tata steel in its history of 100 years."[1]

Full timeline

Year Month and date Event type Details
1868 29-year-old Jamsetji Nusserwanji Tata starts the business as a private trading firm trading company with a capital of ₹21,000.[2][3][1]
1869 "In 1869 Tata moved into textiles, in Chinchpokli he acquired bankrupt oil mill in the industrial heart of Bombay, later on the property was converted into the cotton mill and renamed as Alexandra Mill. Two years later, he sold the mill for a significant profit to a local cotton merchant."[1]
1871 "In 1869 Tata moved into textiles, in Chinchpokli he acquired bankrupt oil mill in the industrial heart of Bombay, later on the property was converted into the cotton mill and renamed as Alexandra Mill. Two years later, he sold the mill for a significant profit to a local cotton merchant."[1]
1874 Jamsetji establishes a textile mill in Nagpur, choosing this city over Bombay, the Indian textile hub. The Empress Mills experiment would prove to be very successful.[3][1]
1877 "T.R. Doongaji hails from Nagpur, the place where Jamsetji Nusserwanji Tata started his first venture, Empress Mills, in 1877. "[4]
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."[3]
1892 Jamsetji establishes the JN Tata Endowment Fund with the purpose to help Indian students pursue higher studies abroad.[3]
1898 Jamsetji opens the Hotel Taj in Mumbai, the first hotel of such standard in India, with German fans and English butlers. This lays the foundation of a multimillionaire venture known to be as Taj Group of hotels.[1]
1902 The Indian Hotels Company is incorporated to commission the Taj Mahal Palace & Tower, the first luxury hotel in India.[2]
1903 December 16 The Taj Mahal Palace Hotel opens as the first luxury hotel in India.[2][3] It becomes also the first Taj Hotel, which would develop as a chain of luxury hotels.
1904 Jamsetji dies. His son, Dorabji Tata, takes over as chair of the Tata Group.[2] "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."[3][4]
1907 August 26 Subsidiary Fulfilling the dream of Jamshedji, Dorabji Tata establishes the Tata Iron and Steel company (TISCO) (later known as Tata Steel) in Sakchi, and builds a hospital for the village.[2][3][4][1]
1909 May The Indian Institute of Science is established through the vision of Jamsetji Tata, 5 years after his death. [3][5]
1910 Tata Group diversifies into electricity.[2]"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."[3][4]
1911 The first batch of students is admitted to the Indian Institute of Science.[3][2]
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."[3]
1917 Tata Group diversifies into consumer goods with the opening of Tata Oil Mills Co (TOMCO), known for popular soap brands, Hamam and Moti. It is sold to Hindustan Lever in 1984."[3][2]
1917 Tata Sons is registered as a private limited company.[1]
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."[3]
1919 Tata Power is founded by Dorabji Tata.[6]
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."[3]
1922 Tata Coffee is founded.[7]
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."[3]
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)."[2]
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."[3]
1932 June Dorabji Tata dies on June 3. Nowroji Saklatwala (son of Bapuji Saklatwala and Virbaiji Tata) becomes the third chairman of the Tata Group.[2]
1936 The Sir Dorabji Tata Graduate School of Social Work (later known as Tata Institute of Social Sciences) is established.[3]
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."[3][4]
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)"[2] "Tata Chemicals is incorporated in isolated, coastal Mithapur. A thriving community grows around the plant as the company grows into a market leader."[3]
1939 "Ratan Tata (son of Jamshetji) established Tata Iron and Steel Company on August 26, 1907, and fulfilled the dream of Jamshedji [1]. By 1939 it operated the largest steel plant in the British Empire."[1]
1939 Tata Chemicals is founded in Mithapur, Gujarat.[8]
1941 February 28 Health The Tata Memorial Hospital is founded in Pune. It pioneers cancer treatment in India, and offers access to cancer care for all.[3][9]
1944 The Sir Dorabji Tata Graduate School of Social Work is renamed as Tata Institute of Social Sciences.[10]
1945 Tata Group establishes the Tata Engineering and Locomotive Company (TELCO) to manufacture engineering and locomotive products. It would be later renamed Tata Motors.[2] "The group's rapid business expansion continues with the establishment of Tata Engineering and Locomotive Company. By 2003, it is rechristened Tata Motors."[3][4]
1945 June 1 Education The Tata Institute of Fundamental Research is founded.[11]
1946 "Naval Tata is named President of the Indian Hockey Association. Under his watch, India achieves Olympic glory, with golds in 1948, 1952 & 1956."[3]
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)"[2]
1952 The Indian Cancer Research Centre is established as a pioneer research institute for basic research. It would later be called the Cancer Research Institute (CRI).[9]
1952 "Women across the country celebrate as the group launches India's first cosmetics brand, Lakme. It is sold to Hindustan Unilever, along with TOMCO, in 1984."[3]
1953 Tata Airlines is nationalized and becomes Air India when the Indian Government passes the Air Corporations Act and purchases a majority stake in the carrier from [[wikipedia:Tata Sons}.[12][13][4] Tata Sons}.[12][13][4]

]] acquires Indian power company Welspun Renewables Energy.[14]

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."[2] ""Tata Sons board removes Mistry; Ratan Tata comes back""[4] "Natarjan Chandrasekaran becomes chairman"[4]
2017 January " Ratan’s second stint as chairman ended in January 2017 when Natarajan Chandrasekaran was appointed to the position."[2]
2017 "N. Chandrasekaran, CEO and MD of TCS since 2009, is appointed Chairman of Tata Sons by the Board of Directors."[3]
2017 June 12 Jamshedpur FC is founded. It is owned by Tata Steel.[15]
2017 Tata Chemicals is ranked 1st in 2017 Responsible Business Rankings developed by {{w|IIM Udaipur}.[16]
2018 "Tata Steel and Thyssenkrupp sign a landmark JV to create a new, strong pan-European steel champion that is structurally robust and competitive."[3]
2018 May Acquisition Tata acquires Bhushan Steel Limited and renames it Tata Steel BSL.[17]
2018 Tata Consultancy Services becomes the first Indian Information technology to reach US$100 billion market capitalization.[4]

Meta information on the timeline

How the timeline was built

The initial version of the timeline was written by User:Sebastian.

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See also

External links

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 "A brief history of the Tata Group". blog.ipleaders.in. Retrieved 18 September 2019. 
  2. 2.00 2.01 2.02 2.03 2.04 2.05 2.06 2.07 2.08 2.09 2.10 2.11 2.12 2.13 2.14 "Tata Group". britannica.com. Retrieved 17 September 2019. 
  3. 3.00 3.01 3.02 3.03 3.04 3.05 3.06 3.07 3.08 3.09 3.10 3.11 3.12 3.13 3.14 3.15 3.16 3.17 3.18 3.19 3.20 3.21 3.22 3.23 3.24 "Our Timeline: The Complete Story, Tata group". tata.com. Retrieved 18 September 2019. 
  4. 4.0 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 Tyagi, Rachna. "Tata Group history is also the history of Indian industry". theweek.in. Retrieved 18 September 2019. 
  5. "History". iisc.ac.in. Retrieved 18 September 2019. 
  6. "The Power of Dreams". tata.com. Retrieved 20 September 2019. 
  7. "Tata Coffee". tatacoffee.com. Retrieved 20 September 2019. 
  8. "Company profile". tatachemicals.com. Retrieved 18 September 2019. 
  9. 9.0 9.1 "History". tmc.gov.in. Retrieved 19 September 2019. 
  10. "History". tiss.edu. Retrieved 19 September 2019. 
  11. "History & Archives". tifr.res.in. Retrieved 20 September 2019. 
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  13. Lua error in package.lua at line 80: module 'Module:Citation/CS1/Suggestions' not found.
  14. "Tata Power acquires Welspun Energy's renewable assets for Rs 10,000 crore". economictimes.indiatimes.com. Retrieved 22 September 2019. 
  15. "Jamshedpur FC". theawayend.co. Retrieved 22 September 2019. 
  16. "Are businesses becoming more responsible?". livemint.com. Retrieved 18 September 2019. 
  17. "Bhushan Steel Limited is Tata Steel BSL Limited now". tatasteel.com. Retrieved 21 September 2019.