Timeline of Tata Group

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This is a timeline of Tata Group, an Indian multinational conglomerate holding company headquartered in Mumbai.

Sample questions

The following are some interesting questions that can be answered by reading this timeline:

  • How did Tata evolve from a small trading firm to a multinational conglomerate?
  • What are important company acquisitions throughout the history of Tata?
  • How did the leadership of the group change over time?
  • How did the political scenario affect the group over time starting from British India to current Liberal India?
  • How did Tata Group diversify into different domains?
  • Which are philanthropic enterprises related to Tata Group?

Big picture

Time period Political environment Development summary
1868–1947 British India After a voyage to England and having discovered significant opportunities for Indian participation in a British-dominated textiles industry[1], Jamsetji Nusserwanji Tata funds Tata as a private trading company. The firm enters the textile business in the first years achieving great success. However, business diversification begins already in the 19th century. In 1898, Hotel Taj in Mumbai becomes the first hotel of such standard in India, and lays the foundation of Taj Group of hotels. Jamsetji dies in 1904. His successor, Dorabji Tata, establishes the Tata Iron and Steel company, and keeps expanding the group towards other sectors, like energy and consumer goods.
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 diversifies its activities into unrelated businesses in order to invest its revenues in different sectors rather than pay high taxes.[2] This period also marks the beginning of attempts of nationalizations of companies. Tata Airlines is nationalized in 1953, while unsuccessful attempts to nationalize Tata Steel occur in 1971 and 1979. On the other hand, many British companies are sold to Indians.[3] In 1976, Tata Finlay takes over the production and marketing operations of James Finlay.
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.[2] By the early 2010s, Tata operates in over 80 foreign markets around the world.[2]

Full timeline

Year Month and date Event type Details Domain Subsidiary
1839 March 3 Prelude Jamsetji Nusserwanji Tata is born in a rural town of Navsari in Gujarat to a family of Parsee Zoroastrian priests.[1]
1859 Prelude 20 year old Jamsetji joins his father's small firm, in which Jamsetji gains knowledge about commodities, markets, trading, and banking.[1]
1868 Founding After a maiden voyage to England and having begun to understand what he saw as significant opportunities for Indian participation in a British-dominated textiles industry[1], 29-year-old Jamsetji starts the business as a private trading company with a capital of ₹21,000.[4][5][6] Trading
1869 Early development Jamsetji moves into textiles, acquiring in Chinchpokli a bankrupt oil mill in the industrial heart of Bombay. Later on the property would be converted into the cotton mill and renamed as Alexandra Mill.[6][1] Textiles
1871 Early development Jamsetji sells Alexandra Mill for a significant profit to a local cotton merchant.[6][1] Textiles
1874 Early development 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.[5][6] Textiles
1877 Early development Jamsetji establishes Empress Mills, the oldest and the largest composite textile mill in India.[7][8] Textiles
1886 Policy Empress Mills pioneers employee welfare initiatives, long before they are enacted by law.[5]
1892 Trust launch Jamsetji establishes the JN Tata Endowment Fund with the purpose to help Indian students pursue higher studies abroad.[5] Education
1898 Early development 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.[6] Lodging Taj Hotels
1902 Subsidiary launch The Indian Hotels Company is incorporated to commission the Taj Mahal Palace & Tower, the first luxury hotel in India.[4] Lodging Taj Hotels
1903 December 16 Subsidiary launch The Taj Mahal Palace Hotel opens as the first luxury hotel in India.[4][5] It becomes also the first Taj Hotel, which would develop as a chain of luxury hotels. Lodging Taj Hotels
1904 Leadership Jamsetji passes away in Germany. His older son, Dorabji Tata, takes over as chairman of the Tata Group.[4][5][8]
1907 August 26 Subsidiary launch 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.[4][5][8][6] Steel industry Tata Steel
1907 Subsidiary launch Tata Limited is established in London as the Tata Group's representative in Europe. It offers comprehensive and highly specialized services that cover a diverse type of industry and activity.[9] Tata Limited
1909 May Institute launch The Indian Institute of Science (known as Tata Institute) is established through the vision of Jamsetji Tata, 5 years after his death.[5][10] Education
1910 Subsidiary launch Tata Group diversifies into electricity[4], establishing Western India's first hydropower plant.[5][8] Electric power
1911 The first batch of students is admitted to the Indian Institute of Science.[5][4] Education
1912 Funding Sir Ratanji Dadabhoy Tata funds research into the causes of widespread poverty in India at the University of London.[5] Research
1917 Subsidiary launch Tata Group diversifies into consumer goods with the opening of Tata Oil Mills Co (TOMCO), known for popular soap brands, Hamam and Moti. It would be sold to Hindustan Lever in 1984.[5][4] Consumer goods Tata Oil Mills Company
1917 Subsidiary launch Tata Sons is registered as a private limited company.[6] It is the holding company of the Tata Group and holds the bulk of shareholding in the Tata group of companies including their land holdings across India, tea estates and steel plants.[11] Tata Sons
1918 Trust launch The Sir Ratan Tata Trust is established in accordance with directives of Sir Ratan Tata's will. The trust operates in five areas: basic and advanced (postgraduate) education, primary and preventive health, rural livelihoods and communities, arts and culture, and public initiatives.[12] Philanthropy
1919 Leadership Sir Ratanji Dadabhoy Tata dies, and the first of the Tata Trusts, the Sir Ratanji Tata Trust & Allied Trusts, is set up in accordance with his will.[5]
1919 September 18 Subsidiary launch Tata Power is founded by Dorabji Tata.[13] Today, the core business of the company is to generate, transmit and distribute electricity.[14] Electric power Tata Power
1920 Funding India sends its first Olympic team to the games in Antwerp, largely due to Dorabji Tata efforts. In 1924, he finances the Indian team headed to the Paris Summer Olympics.[5] Sport
1922 Subsidiary launch Tata Coffee is founded.[15] Today it is one of the largest integrated Coffee cultivation and processing companies in the world.[16] Coffee Tata Coffee
1929 Leadership 24-year-old Jehangir Ratanji Dadabhoy Tata receives the first pilot licence in India.[5]
1932 Trust launch The Lady Meherbai D. Tata Education Trust is established by Sir Dorabji Tata in memory of his wife. The trust helps female graduates study social work outside India.[12] Philanthropy
1932 Leadership J. R. D. Tata pilots the first flight of the subcontinent from Karachi to Mumbai. Tata Airlines (later, Air India) is founded.[5][4]
1932 June Leadership Dorabji Tata dies on June 3. Nowroji Saklatwala (son of Bapuji Saklatwala and Virbaiji Tata) becomes the third chairman of the Tata Group.[4]
1932 Trust launch Sir Dorabji Tata Trust is established when Sir Dorabji Tata commits all his wealth to it. This trust would be known for promoting six pioneering institutions: the Tata Institute of Social Sciences, the Tata Memorial Centre for Cancer Research and Treatment, the Tata Institute of Fundamental Research, and the National Centre for the Performing Arts.[12] Philanthropy
1936 Institute launch The Sir Dorabji Tata Graduate School of Social Work (later known as Tata Institute of Social Sciences) is established.[5] Education
1938 Leadership Sir Nowroji Saklatwala passes away in France. J. R. D. Tata assumes leading position in the group. At 34, he is the youngest Chairman in Tata Group's history.[5]
1939 Growth As of date, Tata Iron and Steel Company operates the largest steel plant in the British Empire.[6] Steel industry Tata Steel
1939 Subsidiary launch J. R. D. Tata establishes Tata Chemicals in Mithapur, Gujarat.[17][8][4][5] Chemicals Tata Chemicals
1941 February 28 Facility launch The Tata Memorial Hospital is founded in Pune. It pioneers cancer treatment in India, and offers access to cancer care for all.[5][18] Healthcare
1944 Renaming The Sir Dorabji Tata Graduate School of Social Work is renamed as Tata Institute of Social Sciences.[19] Education
1944 Trust launch The J.R.D. Tata Trust is established. It gives research grants and scholarships, provides relied in the wake of natural calamities, and backs social welfare projects among other philanthropic activities. By way of institutional donations, it supports the advancement of learning.[12] Philanthropy
1945 Subsidiary launch Tata Group establishes the Tata Engineering and Locomotive Company (TELCO) to manufacture engineering and locomotive products. It would be later renamed Tata Motors.[4] "The group's rapid business expansion continues with the establishment of Tata Engineering and Locomotive Company. By 2003, it is rechristened Tata Motors."[5][8] Locomotives Tata Engineering and Locomotive Company
1945 June 1 Institute launch The Tata Institute of Fundamental Research is founded.[20] Research
1946 Leadership Naval Tata is named President of the Indian Hockey Association. Under his leadership, India would achieve Olympic medals, with golds in 1948, 1952 & 1956.[5]
1952 Brand release Tata Group expands into cosmetics, and launches India's first cosmetics brand, Lakme. It would be sold to Hindustan Unilever, along with Tata Oil Mills Company, in 1984.[5][4] Cosmetics Lakmé Cosmetics
1952 Institute launch 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).[18] Research
1953 Nationalization 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 Tata Sons.[21][22][8] Air transport services Tata Airlines
1954 Product release Tata Engineering and Locomotive Co Ltd begins manufacturing medium commercial vehicles along with Daimler Benz.[23] Automotive industry Tata Motors
1954 September 6 Subsidiary launch Voltas is incorporated as a collaboration between Tata Sons and Volkart Brothers. It would be soon associated with multiple prestigious projects, making it a leading engineering solutions provider and airconditioning brand.[5] Home appliances, engineering Voltas
1956 Financial Tata Sons is termed as a deemed public holding company after the Companies Act 1956, with articles remaining unchanged.[6]
1957 Nationalization The Ministry of Health takes over the Tata Memorial Hospital.[18] Healthcare
1958 Subsidiary launch Tata Refractories Limited is founded.[24] Refractories Tata Refractories Limited
1958 Trust launch The M.K. Tata Trust is established by Minocher K. Tata, with the purpose to advance learning in all fields by means of research grants and scholarships, and to provide medical and other relief in the aftermath of natural calamities.[12] Philanthropy
1961 Joint venture Tata Hitachi Construction Machinery is founded as a joint venture company between Tata Motors Ltd and Hitachi Construction Machinery of Japan.[25] Construction Tata Hitachi Construction Machinery
1962 Subsidiary launch Tata Tea is incorporated as Tata Finlay Ltd with technical and financial collaboration with James Finlay & Co. Ltd. from Glasgow, a leading Scottish trading company in the British Empire.[5][4][26] Tea Tata Tea
1964 Accreditation The Tata Institute of Social Sciences is declared Deemed university under Section 3 of the University Grants Commission Act (UGC), 1956.[19] Education
1964 Subsidiary launch Tata Global Beverages is set up through a joint venture with James Finlay and the Tata Group for manufacturing tea and coffee.[27][28] Non-alcoholic beverages Tata Global Beverages
1966 Institute launch The Tata Management Training Centre is founded by J. R. D. Tata.[29] Education
1968 Subsidiary launch Tata Consultancy Services is established as India's first software services company. It would grow to a global enterprise with a presence in 46 countries.[5][8]
1969 Cultural center launch The National Centre for the Performing Arts is founded by J. R. D. Tata and Dr. Jamshed Bhabha, who envisioned a world-class performing arts centre to preserve India's heritage.[5] Performing arts
1971 Nationalization A first unsuccessful attempt to nationalize Tata Steel is made.[6] Steel industry Tata Steel
1972 Subsidiary launch Tata Precision Industries is established. Promoted by Tata Motors, Tata International AG and the Development Bank of Singapore, it specialises in high-precision machining, precision fine blanking, engineering plastic moulded parts and tool design.[9] Engineering, machinery Tata Precision Industries
1972 Subsidiary launch Tata Incorporated is established as representative office of the Tata Group in the Americas. It specializes in global trading as well as information and financial flows related to its lines of business. It is headquartered in New York City.[9] Trading Tata Incorporated
1974 Trust launch The Namsetji Tata Trust is established to mark the centenary year of the Tata enterprise. It bestows grants in areas where innovative efforts are being made.[12] Philanthropy
1974 Education The Tata Energy Research Institute is founded in New Delhi. It specializes in the fields of energy, environment and sustainable development. It would be renamed Energy and Resources Institute in 2003.
1976 Acquisition Tata Finlay takes over the production and marketing operations of James Finlay.[26] Tata Finlay
1979 Nationalization A second unsuccessful attempt to nationalize Tata Steel is made.[6] Steel industry Tata Steel
1979 Subsidiary launch Tata Projects Limited is established as an engineering, procurement and construction (EPC) company in the engineering sector of the Tata Group.[30] Engineering Tata Projects Limited
1981 Facility launch The Tata Research Development and Design Centre is established in Pune. It undertakes research in software engineering, process engineering, and systems research.[31][32][33] Software Tata Consultancy Services
1982 Acquisition Tata Group subsidiary Taj Hotels acquires Taj Sheba Hotel in Sana'a, Yemen, its first international hotel.[5] Lodging Taj Hotels
1982 Acquisition Taj Hotels accelerates its international expansion with the acquisition of St. James Court in London.[5] Lodging Taj Hotels
1983 Product release Tata Chemicals launces Tata Salt as India's first packaged iodized salt brand.[5] Chemicals Tata Chemicals
1982 Acquisition James Finlay sells their shareholding in the Tata Finlay, to Tata Group, passing the ownership of the company completely into the hands of the group, which renames it Tata Tea.[26][34] Tea Tata Tea
1984 Joint venture Titan Industries is established as a joint venture between the Tata Group and Tamil Nadu Industrial Development Corporation, and starts producing watches.[5][8].[35][36][37] Consumer goods Titan Company
1984 Subsidiary launch Tata Housing Development Company is established.[38] Real Estate Tata Housing Development Company
1984 Acquisition Tata Group cosmetics brand Lakme is sold to Hindustan Unilever, along with Tata Oil Mills Co (TOMCO).[5][4] Cosmetics
1985 Product release Tata Group is granted a license to manufacture passenger cars.[39]
1989 Subsidiary launch Tata Technologies Limited is founded. A subsidiary of Tata Motors, it provides services in engineering and design, product lifecycle management, manufacturing, product development, and IT service management to automotive and aerospace original equipment manufacturers and their suppliers.[40] Engineering Tata Technologies Limited
1989 Subsidiary launch Tata Power Solar is founded as a joint venture between Tata Power and British Petroleum Solar (BP Solar). It is one of the largest manufacturers of solar modules in India.[41] Solar energy Tata Power Solar
1989 Subsidiary launch Tata Elxsi is incorporated. It is the product design arm of Tata Group, and focuses on delivering outsourced product design and R&D services and solutions to customers worldwide.[42][43] Technology services, product engineering, industrial design Tata Elxsi
1990 Subsidiary launch Tata Steel starts expansion plan and establishes its subsidiary Tata Inc. in New York City.[6] Steel industry
1990 Trust launch The R.D. Tata Trust is established to promote the advancement of knowledge by means of institutional grants.[12] Philanthrophy
1991 January Facility launch J.R.D. Tata launches Tata Central Archives (TCA) in Bombay. In 2001, the archives move to Pune. Housed in the lush green precincts of Tata Management Training Centre, TCA formal innauguration would happen on February 13, 2001.[44]
1991 Leadership J.R.D. Tata’s nephew Ratan Tata assumes as new chairman of the Tata Group. Upon assumption, Ratan would aggressively seek to expand the group, increasingly focussing on globalizing its businesses.[4][8]
1991 Product release After its success with commercial vehicles, TELCO (later Tata Motors) launches Tata Sierra, a three-door sport utility vehicle.[45][5]
1991 Trust launch The J.R.D. and Thelma J. Tata Trust is established by J.R.D. Tata with his and his wife's personal wealth, with the purpose to uplift women and children.[12] Philanthropy
1992 Joint venture Tata Motors forms a 50/50 joint venture with Cummins Engine Company USA, called Tata Cummings Limited (TCL), to bring diesel technology solutions to India.[46] Automotive industry Tata Motors
1993 November 28 Leadership J.R.D. Tata dies in Geneva.[8]
1993 Subsidiary launch Tata Petrodyne Limited is incorporated and originally promoted by Tata Industries with the objective of leading the group's incursion into the upstream sector of the oil and gas industry.[47] Oil and gas industry Tata Petrodyne
1993 November 11 Subsidiary launch TajAir is established as Megapode Airlines. It is an air charter company owned by the Tata Group.[48]
1994 Brand Tata Group subsidiary Titan Company launches jewellery brand Tanishq, revolutionizing the Indian jewellery market.[5]
1994 Subsidiary launch Tata-TIDCO joint venture Titan Company launches Tanishq, a jewellery brand which would grow to over 274 stores in more than 160 Indian cities.[49]
1995 Subsidiary launch Tata AutoComp Systems is incorporated as a supplier of automobile components and engineering services.[50] Automobile components Tata AutoComp Systems
1996 Subsidiary launch Tata Teleservices is founded.[51] Telecommunications Tata Teleservices
1997 Education Tata Central Archives (TCA) becomes a division of Tata Services.[44]
1998 Product release TELCO launches Tata Indica, India's first indigenously designed and manufactured car, and Tata Safari, India's first SUV.[5][8]
1998 Subsidiary launch Trent starts operating as the retail hand of the Tata group.[52] Retail Trent
1998 Subsidiary launch Tata AutoComp Systems Limited (TACO) is founded. Based in Pune, Maharashtra, It is a provider of telematics solutions and Mobile Resource Management (MRM) services in India.[53][54][55] Automotive industry, industrial Manufacturing Tata AutoComp Systems
1999 Brand Tata Tea launches Agni as an economy brand.[56] Tea Tata Tea
2000 February Acquisition Tata Tea acquires British firm Tetley Tea for US$407 million[57][4][5] It is the first major acquisition of an international brand by an Indian business group.[8] Tea Tata Tea
2001 Education Tata Central Archives (TCA) is formally inaugurated by Ratan Tata.[44]
2001 Partnership Tata Group partners with American International Group to create the insurance company Tata AIG.[4][5] Insurance Tata AIG
2001 January Subsidiary TATA AIG starts operations.[58] Insurance Tata AIG
2002 Acquisition Tata Group acquires a controlling stake in Videsh Sanchar Nigam Limited (VSNL), establishing Tata Communications.[5] Telecommunications Tata Communications
2002 Acquisition Daewoo Commercial Vehicle is acquired by Tata Motors.[59] Automotive industry Tata Motors
2003 Renaming Tata Engineering and Locomotive Company (TELCO) is renamed Tata Motors.[4] Automotive industry Tata Motors
2003 Financial Tata Consultancy Services becomes the first Indian software company to cross one billion dollars in revenues.[5] Information technology Tata Consultancy Services
2003 Subsidiary launch Tata Power Trading Company Limited is incorporated. It is a wholly owned subsidiary of The Tata Power Company Limited.[60] Electricity Tata Power Trading Company
2004 February Acquisition Tata Motors acquires the commercial vehicle unit of South Korea’s Daewoo Group for US$102 million.[61] In the same year, the company is listed on the New York Stock Exchange.[5][4][8] Automotive industry Tata Motors
2004 May Acquisition Tata Consultancy Services acquires Phoenix Global Solutions, a unit of The Phoenix Companies, to improve its expertise in the insurance sector.[61] Insurance Tata Consultancy Services
2004 August Acquisition Tata Steel acquires Singaporean NatSteel Ltd. for $286 million.[62][61] Steel industry Tata Steel
2004 Financial Tata Consultancy Services goes public in the largest IPO in India, raising nearly US$1.2 billion.[5][8] Information technology Tata Consultancy Services
2004 Subsidiary launch Tata Business Support Services is founded.[63] Business process outsourcing Tata Business Support Services
2004 November Acquisition Tata Communications acquires Tyco Global Network for US$130 million.[64] Telecommunications Tata Communications
2004 Facility launch Tata Motors establishes some franchise/joint venture assemblies in Kenya, Bangladesh, Ukraine, Russia, And Senegal.[65] Automotive industry Tata Motors
2005 February Acquisition Tata Steel completes acquisition of Singapore-based NatSteel.[66][67][68] Steel industry Tata Steel
2005 February Acquisition Tata Motors acquires control of Spanish bus and coach manufacturer Hispano Carrocera, after purchasing a 21% stake in the company. By 2009, full acquisition would be completed by acquiring the remaining 79%.[69] "Feb 2005 - The board of Tata Motors Ltd. approves the purchase of 21 percent of Spanish bus maker Hispano Carrocera S.A. in a deal worth 12 million euros ($16 million) with an option to acquire a 100 percent holding later."[61] Automotive industry Tata Motors
2005 July Acquisition Videsh Sanchar Nigam Limited acquires Teleglobe International Holdings for US$239 million.[61] Telecommunications Tata Communications
2005 Renaming TISCO changes its name to Tata Steel.[6] Steel industry Tata Steel
2005 Subsidiary The Tata Motors European Technical Centre PLC (TMETC) is founded as a UK-based center for automotive design and engineering. Based in Coventry, England, it is a wholly-owned subsidiary of Tata Motors Ltd. TMETC provides research and development principally for Tata Motors but also for selected partners in the automotive industry.[70] Automotive industry Tata Motors
2005 October Acquisition Tata Tea announces acquisition of U.S. specialty tea brand Good Earth.[61] Non-alcoholic beverages Tata Tea
2005 October Acquisition Tata Consultancy Services announces acquisition of Sydney-based Financial Network Services (FNS) for US$26 million.[61] Information technology Tata Consultancy Services
2005 December Acquisition Tata Steel acquires Millennium Steel from Thailand, for US$165 million.[71] Steel industry Tata Steel
2005 December Acquisition Tata Chemicals agrees to acquire 63.5 percent stake in UK-based soda ash maker Brunner Mond Chemicals and renames it Tata Chemicals Europe.[61] Chemicals Tata Chemicals Europe
2006 Joint venture launch Tata Group launches direct broadcast satellite television provider Tata Sky as a joint venture with The Walt Disney Company.[5] Television Tata Sky
2006 May Acquisition Tata Tea (GB) signs an agreement to acquire the assets of Jemca, the largest tea company in the Czech Republic from food processing company, Alima Znackova Potravina.[61] Tea production Tata Tea
2006 May Facility launch Tata Motors announces Nano car plant at Singur in West Bengal.[72] The plant is announced on 997 acres of multi-crop farmland forcibly acquired through eminend tomain by the ruling party under the colonial Land Acquisition Act 1894. Protests would raise among the local population who depend on agriculture for their livelihood, and also among environmental activists protesting against degradation of fertile land.[73] Automotive industry Tata Motors
2006 June Acquisition Tata Tea acquires Eight O'Clock Coffee for US$220 million from private equity firm Gryphon Investors.[74][61] Coffee Tata Tea
2006 July Controversy The Singur Tata Nano controversy begins. Indian politician Mamata Banerjee opposes the Nano car plant at Singur on fertile land.[72] Automotive industry Tata Motors
2006 August 10 Subsidiary launch Direct broadcast satellite television provider Tata Sky is founded.[75]
2006 August Acquisition Tata Tea announces plans to buy 30 percent of Energy Brands, the maker of fast-growing brand Glaceau vitamin water, for US$677 million.[61] Non-alcoholic beverages Tata Tea
2006 October Acquisition Tata Tea acquires a 33 percent stake in South African Joekels Tea Packers for US$60 million.[61] Non-alcoholic beverages Tata Tea
2006 November Acquisition Taj Hotels acquires the Ritz Carlton Boston, for US$170 million.[76] Lodging Taj Hotels
2006 December Controversy Singur Tata Nano controversy. Protests against the acquisition of land for the Nano car plant at Singur take place. Mamata Banerjee holds 26-day hunger strike against the land acquisition.[72][77][78] Automotive industry}} Tata Motors
2007 January Acquisition Tata Steel acquires London-based steelmaking company Corus Group for US$12 billion.[74][61] Steel industry Tata Steel
2007 April Acquisition Tata Group subsidiary Taj Hotels acquires Campton Place, San Francisco for US$58 million. Campton Place is subsequently renamed Taj Campton Place.[79] Lodging Taj Hotels
2007 Acquisition Tata Steel completes the biggest corporate takeover by an Indian company with the acquisition of the giant Anglo-Dutch steel manufacturer Corus Group.[4] "Tata Steel acquires Corus (now, Tata Steel Europe). It is Europe's second largest steel producer serving construction, automotive, packaging & engineering industries."[5] "and becomes the fifth largest steel producer"[8][6] Steel industry Tata Steel
2007 September Subsidiary launch Tata Capital is established as a financial and investment service provider.[80] Financial Services Tata Capital
2007 Subsidiary launch Tata Advanced Systems is founded.[81] It is the lead systems integration company for delivering weapons from the Tata Group to the Indian security forces.[82] Defence and Aerospace Tata Advanced Systems
2008 January 10 Product release Tata Motors officially launches the Tata Nano, a tiny, rear-engine, pod-shaped vehicle that eventually sells at a base price (excluding options, tax, and transportation fees) equivalent to US$1,500 to US$3,000.[4] Automotive industry Tata Motors
2008 February Acquisition Tata Chemicals acquires acquires General Chemical Industrial Products, a U.S.-based soda ash firm, for US$1 billion.[83] Chemicals Tata Chemicals
2008 February 13 Acquisition Tata Group completely acquires Videsh Sanchar Nigam Limited (VSNL) and renames it as Tata Communications Limited.[84] VSNL is credited to have brought internet into India.[85] Telecommunications Tata Communications Limited
2008 Joint venture launch Tata Motors and Brazilian bus maker Marcopolo S.A. found Tata Marcopolo, giving Tata Motors access to the Brazilian marketplace.[65] Automotive industry Tata Marcopolo
2008 March Acquisition Tata Motors acquires Jaguar Cars and Land Rover from the Ford Motor Company for $2.3 billion.[4][8][5][86] Automotive industry Tata Motors
2008 April Acquisition Telco Construction Equipment Company Limited]] (TELCON), a joint venture between Tata Motors and Japanese Hitachi Construction Machinery, acquires Comoplesa Lebrero SA, from Spain.
2008 May Acquisition Tata Group acquires one-third stake of Italian Piaggio Aerospace.[87] Aerospace
2008 June Acquisition Tata Communications acquires 50% of China Enterprise Communications.[88] Telecommunications Tata Communications
2008 August 24 Controversy Singur Tata Nano controversy: Mamata Banerjee starts indefinite dharna (a non-violent sit-in protest) at Singur outside the car plant.[72] Automotive industry Tata Motors
2008 September 2 Controversy Singur Tata Nano controversy: Tata Motors suspends work on w:tata nano:Nano Plant at Singur.[72] Automotive industry Tata Motors
2008 October Acquisition TATA Motors acquires 50.3% majority stake in Norway's Miljo Grenland Innovasjon.[89][90] Automotive industry Tata Motors
2008 October Controversy Singur Tata Nano controversy: Tata Motors decides to move out its w:tata nano:Nano Plant at Singur, and announces new plant at Sanand in Gujarat.[72] Automotive industry Tata Motors
2008 November Acquisition NTT Docomo acquires 26.5% stake in Tata Teleservices and offers services under the Tata Docomo brand.[91] Telecommunications Tata Teleservices
2009 Product release The first Tata Nano circulates the streets in India.[4] Automotive industry Tata Motors
2009 Mid-year Foreign investment NTT Docomo invests US$2.7 billion in Tata Teleservices wireless business on the understanding that if certain targets aren’t met in the next five years, the Tata would either discover a purchaser for the Japanese organization’s 26.5% stake at equitable esteem, or pay 50% portion of the first venture, whichever was higher. Expectations would not be met, with Tata faring badly in the next five years and unable to earn half of the profits expected. The partnership would end in a lawsuit.[6] Telecommunications Tata Teleservices
2010 April Acquisition Tata Group acquires Hewitt Robins International, a British manufacturer of bulk material handling vibratory equipments including screens and crushers.[92] Industrial machinery
2010 Joint venture launch Tata Tea announces joint venture with PepsiCo for health drinks.[28] Non-alcoholic beverages Tata Tea
2011 May 16 Facility launch Ratan Tata innaugurates in Kolkata the Tata Medical Center, a comprehensive cancer care and treatment facility designed especially to serve the poor in the region.[93][5] Healthcare
2011 Recognition Tata is recognized as one of the 50 global brands.[8]
2012 January 30 Joint venture launch Tata Global Beverages and Starbucks announce the creation of a 50:50 joint venture called Tata Starbucks Limited, which would own and operate Starbucks outlets branded as Starbucks Coffee "A Tata Alliance" in India. The stores, starting operations in the same year, launch initially in Delhi and Mumbai[94][28] Coffeehouse Tata Starbucks
2012 Leadership Ratan Tata retires. Cyrus Mistry assumes position of chairman of Tata Group.[4][8]
2012 October 19 Joint venture launch Tata Starbucks Limited launches as a 50/50 joint venture between Starbucks Coffee Company and Tata Global Beverages Limited; and opens the first Starbucks store in India.[95][5] Coffeehouse Tata Starbucks
2013 July Acquisition Tata Consultancy Services acquires French enterprise solutions provider Alti SA.[96] Information technology Tata Consultancy Services
2014 June 12 Joint venture launch Bengaluru-headquartered airline AirAsia India starts operations as a joint venture between Tata and Malaysia's AirAsia Berhad.[97] Air transport services AirAsia India
2014 April Legal NTT Docomo decides to exit the Tata Docomo venture but the Tatas oppose initially which leads to a legal battle between the two groups. On June 24, DOCOMO wins the ruling that orders Tata Sons to pay it US$1.3 billion to buy its stake in the mobile phone joint venture, Tata Teleservices.[6] [91] Telecommunications Tata Docomo
2014 December Acquisition Tata Power acquires Indian company Energy Products Limited.[98] Electricity generation Tata Power
2015 January 9 Joint venture launch Vistara is founded as a joint venture between Tata Sons and Singapore Airlines.[99][5] Air transport services Vistara
2016 May 26 Subsidiary launch E-commerce marketplace Tata Cliq launches.[100] Online shopping Tata Cliq
2016 June Acquisition Tata Power acquires Indian power company Welspun Renewables Energy.[101] Electricity generation Tata Power
2016 October Leadership Cyrus Mistry is abruptly dismissed as chairman of Tata Group over disagreements with members of the Tata family regarding business strategy. Ratan Tata returns to the position on an interim basis.[4][8]
2017 January Leadership Natarjan Chandrasekaran becomes new chairman of the Tata Group.[8][4][5]
2017 June 12 Football club launch Indian professional football club Jamshedpur FC is created. It is owned by Tata Steel.[102] Sport
2017 Recognition Tata Chemicals is ranked 1st in 2017 Responsible Business Rankings developed by IIM Udaipur.[103] Chemicals Tata Chemicals
2018 Joint venture launch Tata Steel and Thyssenkrupp sign deal to launch a joint venture with the plan to merge their steel businesses in Europe.[5] In 2019, the plan would be rejected by EU antitrust regulators.[104][105] Steel Industry Tata Steel
2018 May Acquisition Tata Steel acquires Bhushan Steel Limited and renames it Tata Steel BSL.[106] Steel Industry Tata Steel
2018 Financial Tata Consultancy Services becomes the first Indian Information technology to reach US$100 billion market capitalization.[8] Information technology Tata Consultancy Services

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External links


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