Tata Motors

Tata Motors Limited
FormerlyTata Engineering and Locomotive Company Ltd. (TELCO)
Company typePublic
ISININ9155A01020
IndustryAutomotive
Founded1945; 79 years ago (1945)
FounderJ. R. D. Tata
HeadquartersMumbai, Maharashtra, India[1]
Area served
Worldwide
Key people
Products
Production output
1.1 million (2021)
Services
RevenueIncrease ₹443,877 crore (US$53 billion) (2024)[3]
Increase ₹28,232 crore (US$3.4 billion) (2024)[3]
Increase ₹31,806 crore (US$3.8 billion) (2024)[3]
Total assetsIncrease ₹370,663 crore (US$44 billion) (2024)[4]
Total equityIncrease ₹93,093 crore (US$11 billion) (2024)[4]
Number of employees
91,811 (2024)[5]
ParentTata Group
Subsidiaries
RatingS&P BB/Stable[6]
Websitetatamotors.com

Tata Motors Limited is an Indian multinational automotive company, headquartered in Mumbai and part of the Tata Group. The company produces cars, trucks, vans, and buses.[7]

Subsidiaries include British Jaguar Land Rover and South Korean Tata Daewoo. Tata Motors has joint ventures with Hitachi (Tata Hitachi Construction Machinery) and Stellantis, which makes vehicle parts for Fiat Chrysler and Tata-branded vehicles.

Tata Motors has auto manufacturing and vehicle plants in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad, and Pune in India, as well as in Argentina, South Africa, the United Kingdom, and Thailand. It has research and development centers in Pune, Jamshedpur, Lucknow, Dharwad, India and South Korea, the United Kingdom, and Spain. Tata Motors is listed on the BSE and NSE, and is a constituent of the BSE SENSEX and NIFTY 50 benchmark indices. The company is ranked 265th on the Fortune Global 500 list of the world's biggest corporations as of 2019.[8]

On 17 January 2017, Natarajan Chandrasekaran was appointed chairman of the company Tata Group. Tata Motors increased its UV market share to over 8% in FY2019.[9]

  1. ^ "Contact Us - Tata Motors Limited". www.tatamotors.com. 14 October 2015. Archived from the original on 4 May 2019. Retrieved 30 July 2018.
  2. ^ "Tata Motors Ltd". Reuters. Retrieved 19 May 2024.
  3. ^ a b c "Tata Motors Ltd. Financial Statements" (PDF). bseindia.com.
  4. ^ a b "Tata Motors Consolidated Balance Sheet, Tata Motors Financial Statement & Accounts" (PDF). www.bseindia.com.
  5. ^ "Tata Motors" (PDF). May 2022. Retrieved 1 June 2024. Employees: 50,837
  6. ^ cite news|url=https://www.business-standard.com/amp/companies/news/s-p-upgrades-tata-motors-long-term-issuer-issue-credit-ratings-to-bb-123042600194_1.html%7Cwebsite=business-standard.com
  7. ^ "Financials of Tata Motors Limited". CNN. Archived from the original on 16 October 2013.
  8. ^ "Fortune Global 500 list". Archived from the original on 7 August 2019. Retrieved 18 October 2019.
  9. ^ "Tata Motors Market Share". Auto Car Professional. Retrieved 2 April 2019.