2,438
edits
Changes
→Big picture
| 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.<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 intensifies 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"/> By the early 2010s, Tata operates in over 80 foreign markets around the world.<ref name="Global Strategic Management"/>
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