Tata Motors Limited, formerly known as Tata Engineering & Locomotive Company is an Indian Automobile manufacturing company.
image: Wikimeda, Norbert Aepli, Switzerland
It belongs to the prestigious Tata group & is headquartered in Mumbai, Maharashtra. This Indian car company employs close to 90,000+ people in the country.
Tata Motors is one of the largest motor vehicle manufacturing company in the world and one of the largest maker of buses. Tata motors manufacture Trucks, passenger cars, vans, coaches, buses construction equipment & military vehicles. Tata motors have manufacturing and assembling plants in Pune, Jamshedpur, Patnagar, Lucknow, Sanand and Dharwad. Tata motors was initially founded in 1945 as a manufacturer of locomotives and entered the commercial vehicle manufacturing in the year 1954. It entered the passenger vehicle segment in the year 1991 with the launch of Tata sierra. Tata motors was ranked as 28th in the fortune global 500 ranking of world’s biggest corporations. Tata motors acquired South Korean Truck manufacturer Daewoo commercial vehicles in the year 2004 & Jaguar land rover from Ford in the year 2008. Tata Motors has 44% of market share in the commercial vehicles (Sold 290,437 units in the year 2015) & has a market share of 5.3 % in passenger vehicles.
This company managed to generate about Rs. 2.625 lakh crore as sales revenue and pocketed close to Rs. 1290 crores as profits for the year 2015. This company is well known for their signature low budget car Tata Nano which the chairman Ratan Tata imagined would serve the middle class people in the country.