Follow Us : Facts about the #Tata Group
1. **India’s First Luxury Hotel**: Tata Group’s Taj Mahal Palace in Mumbai, established in 1903, was the first luxury hotel in India, and it offered electricity and modern amenities years before many others.
2. **World’s Fifth-Largest Steel Producer**: Tata Steel, one of the oldest companies of the group, is among the top five steel producers in the world. It was also the first steel plant in Asia, founded in 1907.
3. **World’s Cheapest Car**: Tata Motors launched the Tata Nano in 2008, which was marketed as the world's most affordable car, designed to give Indian families a safer alternative to riding on two-wheelers.
4. **No Direct Ownership by Tatas**: Although the Tata name is synonymous with the group, the majority of shares in Tata Group companies are owned by charitable trusts. Around 66% of the group's equity is held by philanthropic organizations, which reinvest the profits into social causes.
5. **Tata Sons’ Involvement in Aviation**: Tata Sons established India’s first airline, Tata Airlines, in 1932, which later became Air India. After many years, Tata re-entered the aviation sector with Vistara in partnership with Singapore Airlines.
6. **Tata Consultancy Services (TCS) Origin**: TCS, the group’s flagship IT services company, started by offering punch card services to Tata Steel. It’s now the largest IT services provider in India and one of the most valuable IT companies globally.
7. **First Indian Company to List on NYSE**: Tata Motors became the first Indian automobile company to list on the New York Stock Exchange in 2004, following the success of its international acquisitions like Jaguar and Land Rover.
8. **Innovations for the Poor**: Tata Chemicals introduced Tata Swach, an affordable water purifier designed for Indian households without access to clean drinking water. This reflects the group’s commitment to affordable innovation.
9. **First International Expansion**: Tata Group’s first international acquisition dates back to 1907 when they established a trading office in London. Today, the group has a significant presence in over 100 countries.
10. **Tata’s Role in Indian Independence**: JRD Tata, the group’s visionary leader, was close to several key leaders of India’s independence movement. His philanthropic and entrepreneurial efforts supported India’s self-sufficiency post-independence.
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