History of Tata Motors Ltd: India’s Largest Automotive Industry
Tata Motors is simply one part of the business cluster Tata, officially known as TELCO (Tata Engineering and Locomotive Company) that additionally has many alternative ventures, as well as steel creating plant and even a tea manufacturing company. Today, the corporate is the world’s second largest manufacturer of economic vehicles, world’s fourth largest truck manufacturer and world’s second largest bus manufacturer.
Tata Motors Ltd is an Indian transnational automotive producing company headquartered in Mumbai, Maharashtra, India. Based in 1945 as a manufacturer of locomotives, the corporate produced its initial business vehicle in 1954 together with Daimler-Benz AG that led to 1969.
At the start of the 90s, the corporate wanted to evolve and expand into the automobile market, and it began collaboration with Cummins Engine Company to supply additional economical diesel engines. Tata Motors entered the traveler vehicle market in 1991 with the launch of the Tata Sierra, turning into the primary Indian manufacturer to attain the aptitude of developing a competitive indigenous automobile. In 1998, Tata launched the first totally indigenous Indian traveler car; the Indica that enjoyed an unexpected success each in India and on other European markets.
Tata Motors acquired Daewoo’s South Korea-based truck producing unit in 2004, Daewoo business Vehicles Company, afterward renamed Tata Daewoo. Through subsidiaries and associate firms, Tata Motors has operations within the United Kingdom, South Korea, Thailand, Spain, African nation and Indonesia. Among them Tata Motors Following a strategic alliance with Fiat in 2005, it’s established an industrial venture with Fiat cluster cars to supply each Fiat and Tata cars and Fiat power trains. In 2006, Tata shaped a venture with the Brazil-based Marcopolo, Tata Marcopolo Bus, to manufacture totally built buses and coaches. In 2008, Tata launched the Tata Nano, the world’s most cheap automobile. Tata Motors acquired British automobile maker Jaguar Land Rover, industrialist luxury automobile brands, from Ford Motor Company.
India’s leading automobile maker, Tata Motors, has emerged because the most reputed Indian company in terms of service levels, product quality, monetary performance and talent pool, as place by a survey by international analysis firm Nielsen. It looks that Tata Motors has the formula for success and solely time can tell wherever this auto manufacturer can head next.
Tata Motors Website: http://www.tatamotors.com/
Tata Motors Logo: