About
Tata Motors Limited- is India's largest private automobile and commercial vehicle manufacturing company. It is also the world's 6th biggest commercial vehicle manufacturer. It is part of the Tata Group. Tata Motors is widely credited for putting India on the automotive map by designing and developing its own range of cars. Tata Motors date back to 1945 when they started making Trains. Tata Motors was first listed on the NYSE in 2004. It has its manufacturing base in Jamshedpur, Lucknow and Pune. In 2004 it also bought Daewoo's truck manufacturing unit in South Korea. In March 2005, it acquired a 21% stake in Hispano Carrocera SA, giving it controlling rights in the company.
Tata Motors is a company of the Tata and Sons Group, founded by Jamsetji Tata. It is currently headed by Ratan Tata.
Tata Motors' range of passenger cars is still not comprehensive by international standards. In commercial vehicles Tata Motors commands an imposing 65% market share in the domestic heavy commercial market. The company is fast trying to modernise its range of commercial vehicles.
Tata Motors has the unique distinction of giving India its first and only indigenously built passenger car - The Tata Indica and the premium feature sedan - The Tata Indigo. The Indica, launched in 1998, reached the 2,50,000 sales mark within 52 months of launch.
Tata Motors is India's only fully integrated automobile manufacturer with a portfolio that covers trucks, buses, utility vehicles and passenger cars. It would be no exaggeration to say that Tata Motors provides the wheels for India's growth.
Tata Motors is one of the largest companies in the Tata Group with a total income of US$ 2.35 billion. More than 3 million Tata vehicles ply on Indian roads making Tata a dominant force in the Indian automobile industry.
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