Tata Engineering and Locomotive Company was the previous name of Tata Motors Limited (Telco). It is a leading global automaker that produces passenger, light commercial, and military vehicles. Mumbai, India is where its headquarters are located. When Tata Motors was first established in 1945, it initially focused on the production of locomotives. After 9 years, in 1954, it produces its first commercial vehicle in history with the help of Daimler-Benz AG; the two companies’ collaboration was terminated in 1969.
History
Tata Motors began producing passenger cars in 1988 with the introduction of the Tata Mobile model, followed by the Tata Sierra in 1991, making it the first Indian automaker to produce a totally indigenous vehicle. Sierra’s meal was a success, so The Tata Nano, which is marketed as the world’s cheapest automobile, was introduced by Tata Motors in 2008 after the company had previously introduced the Indica, the country’s first entirely indigenous passenger car, in 1998. Tata Motors also broadens its selection of commercial vehicles by introducing lighter trucks, referred to as LCVs (Light Commercial Vehicles), which would eventually give rise to the Tata 407, the industry’s first light truck. It also began exporting automobiles to South Africa.
In addition to locations outside of India, such as Argentina, South Africa, Great Britain, and Thailand, Tata Motors also has manufacturing and assembly plants in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad, and Pune. Additionally, it has R&D facilities in Pune, Lucknow, Jamshedpur, Dharwad, the United Kingdom, South Korea, and Spain.
Jaguar Company
An Indian automaker is Tata Motors Limited. owned by Ratan Tata, who also owns Jaguar Land Rover Limited through Tata Motors. Jaguar Cars and LandRover were acquired by TATA MOTORS India from Ford in the year 2008. As a result of the merger of Jaguar Cars and Land Rover into the Jaguar Land Rover Limited, Tata currently owns the business as a subsidiary.
Prior to Tata Motors, Ford had been approached about buying Jaguar by the makers of British excavators JCB and Mahindra and Mahindra. However, when they saw the difficulties in the arrangement and understood the sales comprised both Jaguar and Land Rover, they pulled back. On June 2, 2008, Tata Motors paid £1.7 billion to purchase Jaguar and Land Rover jointly. Tata Motors’ acquisition of Jaguar and Land Rover resulted in their merger, and Automotive PLC, along with Jaguar Land Rover, is a holding company for Jaguar Land Rover Limited.
Since 2010, Dr. Ralf D. Speth has served as the company’s chief executive officer and director. He is a German executive in the automotive industry. He has previously held positions at BMW, Ford’s Premier Automotive Group, and Linde. He graduated with a degree in engineering from the University of Applied Sciences Rosenheim in Germany. In mechanical engineering and business administration, as well as a doctorate in engineering. He currently serves as an extra Director on the Tata Sons board of directors. After being purchased by Ratan Tata, Tata Motors concentrated on three areas for improvement. specifically, the regulation of the cost of liquidity and new products. Ratan Tata was able to quickly and effectively meet the demands of the market.
Key Subsidaries
Jaguar Land Rover Automotive Plc
Two prominent British automobile brands are combined by Jaguar Land Rover. Ford sold the brands to Tata Motors in 2008, and the two companies merged in 2013. Jaguar Land Rover, one of the top premium automakers in the world, showcases the evolution of sustainable transportation.
Tata Motors Passenger Vehicles Ltd (TMPV Ltd)
Tata Motors Passenger Vehicles Limited is a subsidiary of Tata Motors from which Tata Motors has hived off its Passenger Vehicles Business Unit. By enhancing management focus and operational flexibility, Tata Motors Passenger Vehicles Limited helps the Passenger Vehicle Business provide a differentiating focus, realise its potential, and unlock business value.
Tata Passenger Electric Mobility Ltd (TPEM)
Dedicated to all facets of R&D, design, development, manufacture, assembly, fabrication, sales, marketing, after-sales services, and servicing of electric vehicles, Tata Passenger Electric Mobility Limited is a wholly-owned subsidiary of Tata Motors.
Tata Motors European Technical Centre PLC (TMETC)
Tata Motors European Technical Centre PLC (TMETC), a wholly-owned subsidiary of Tata Motors, is headquartered in Coventry, United Kingdom. TMETC, a centre of excellence for automotive design and engineering, participates actively in a variety of joint projects including electric and hybrid vehicle technology for upcoming passenger and light commercial vehicles as well as low carbon technologies.
Tata Motors Insurance Broking and Advisory Services Limited (TMIBASL)
TMIBASL, an entirely owned subsidiary of Tata Motors, offers complete insurance solutions for the retail market with an emphasis on the auto industry. TMIBASL provides services to a range of OEMs in the markets for commercial vehicles, construction equipment, and passenger vehicles, including us.
Tata Technologies Limited
Tata Technologies is a company of innovators, and experts in the design engineering space, who apply cutting-edge technologies to give customers in the manufacturing sector a competitive advantage. Tata Technologies is a global leader in engineering services outsourcing and product development IT services to the global manufacturing industries. Singapore is where the business is headquartered.
