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The
Tata group of companies is India’s oldest, largest and best
known conglomerate with revenues of over US $9 billion.
At
a time when the politics of empire dismissed the need for
Indian industrialisation, Jamesetji Nusserwanji Tata set up a
small private trading firm in 1868. His revolutionary vision
initiated an era of industrial growth which played a key role
in the process of nation building.
The
journey was marked by a series of firsts. Beginning in 1874
with a textile mill in central India, the enterprises promoted
by TATA today encompass businesses in sectors as diverse as
Metals and Associated Industries, Automobiles, Energy,
Engineering, Chemicals, Consumer Products, Finance,
Information Technology, Telecommunications, Agro Industries,
Hotels and International trade in products and services.
Since
the turn of the century, when Jamsetji Tata identified steel,
hydroelectric power and higher education as key areas of
focus, TATA have availed themselves of nearly every business
opportunity which would promote national growth. Several years
ago, as a part of their strategic plan, TATA decided to expand
their fields of operations into areas other than core
industrial sectors in which they were traditionally engaged.
This trend continues, several new projects in the process of
implementation or evaluation are cellular telecom services, a
technology park, an airport project and a world class domestic
airline.
Value
for money is a TATA hallmark, as is the deeply ingrained
commitment to the practice of good corporate citizenship.
Social responsibility has been a shared TATA concern from the
days of its Founder down to the present. TATA believes that
the community is a stakeholder. For the past century, TATA
have worked towards being among India’s most trusted
business houses, an endeavour that will be here for the long
run.
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