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Monday, September 1, 2008

[mukto-mona] Re: WHY "TATA" IS DANGEROUS, WHERE AS OTHERS ARE NOT ?

WRT: http://groups.yahoo.com/group/mukto-mona/message/49645

In response to the message below I felt I must shed some light on
the Tatas and their background and try to clear out a few
misconceptions regarding them. The article produced below may shed
some light to this effect.

The Tata Group is one of India's largest and most respected business
groups. Tata Group's name is synonymous with India's
industrialisation. The Group gave India her first steel plant, hydro-
electric plant, inorganic chemistry plant and created a reservoir of
scientific and technological manpower for the country. Its Trusts
have instituted the Tata Institute of Social Sciences in 1936;
India's first cancer hospital, the Tata Memorial in 1941, and in
1945, the Tata Institute of Fundamental Research, which became the
cradle of India's Atomic energy program. Today, Tata Group comprises
96 operating companies in seven business sectors: information systems
and communications; engineering; materials; services; energy;
consumer products; and chemicals. The Group has operations in more
than 54 countries across six continents, and its companies export
products and services to 120 nations.

Jamsetji Nusserwanji Tata laid the foundations of Tata Group when he
started a private trading firm in 1868. In 1874, he set up the
Central India Spinning Weaving and Manufacturing Company Limited and
thus marked the Group's entry into textiles. In 1887, Jamsetji Tata
formed a partnership firm, Tata & Sons, with his elder son Sir
Dorabji Tata and his cousin Ratanji Dadabhoy Tata. His younger son
Sir Ratan Tata joined the firm in 1896. In 1902, the Indian Hotels
Company was incorporated to set up the Taj Mahal Palace and Tower,
India's first luxury hotel, which opened in 1903. The Tata Iron and
Steel Company (now known as Tata Steel) was established to set up
India's first iron and steel plant in Jamshedpur. The plant started
production in 1912. In 1910, Tata Hydro-Electric Power Supply
Company, (now Tata Power) was set up. In 1917, Tata Oil Mills Company
was established to make soaps, detergents and cooking oils. In 1932,
Tatas entered aviation sector with the establishment of Tata
Airlines. In 1939, Tata Chemicals, presently, the largest producer of
soda ash in India, was established. In 1945, Tata Engineering and
Locomotive Company (renamed Tata Motors in 2003) was established to
manufacture locomotive and engineering products. In 1954, India's
major marketing, engineering and manufacturing organisation, Voltas,
was established. In 1962, Tata Finlay (now Tata Tea), one of the
largest tea producers, was established. In 1968, Tata Consultancy
Services (TCS), India's first software services company, was
established as a division of Tata Sons. In 1970, Tata McGraw-Hill
Publishing Company was created to publish educational and technical
books. In 1984, Titan Industries, a joint venture between the Tata
Group and the Tamil Nadu Industrial Development Corporation (TIDCO),
was set up to manufacture watches. In 1996, Tata Teleservices (TTSL)
was established to lead the Group's foray into the telecom sector. In
1998, Tata Indica, India's first indigenously designed and
manufactured car, was launched by Tata Motors. In 2000, Tata Tea
acquired the Tetley Group, UK. This was the first major acquisition
of an international brand by an Indian business group. In 2001, Tata
entered into insurance business in joint venture with Tata AIG. In
2007, Tata Steel acquired Corus the fifth largest steel company in
the world.

Tata Group Companies

The two Promoter companies of Tata Group are: Tata Sons and Tata
Industries. Tata Sons is the promoter of all key companies of the
Tata Group and holds the bulk of shareholding in these companies.
Tata Sons is the owner of the Tata name and the Tata trademark, which
are registered in India and several other countries. Tata Industries
was set up by Tata Sons in 1945 as a managing agency for businesses
it promoted. Tata Industries' mandate was recast, in the early 1980s,
to promote the Group's entry into new and high-tech areas.

The rest of the Tata companies spread over seven sectors in which
Tata Group operates are:

1. Engineering

(a) Automotive:
Tata AutoComp Systems
Subsidiaries / associates / joint ventures: Automotive Composite
Systems International, Automotive Stampings and Assemblies, Knorr
Bremse Systems for Commercial Vehicles, TACO Engineering, TACO
Faurecia Design Centre, TACO Hendrickson Suspension Systems, TACO
Interiors and Plastics Division, TacoKunststofftechnik, TACO MobiApps
Telematics, TACO Supply Chain Management, TACO Tooling, TACO Visteon
Engineering Center, Tata Ficosa Automotive Systems, Tata Johnson
Controls Automotive, Tata Toyo Radiator, Tata Yazaki AutoComp, TC
Springs, Technical Stampings Automotive
Tata Motors
Subsidiaries / associates / joint ventures: Concorde Motors, HV
Axels, HV Transmissions, Nita Company, TAL Manufacturing Solutions,
Tata Cummins, Tata Daewoo Commercial Vehicles Company, Tata
Engineering Services, Tata Precision Industries, Tata Technologies,
Telco Construction Equipment Company
(b) Engineering Services

Tata Projects
TCE Consulting Engineers
Voltas
(c) Engineering Products
TAL Manufacturing Solutions
Telco Construction Equipment Company
TRF
2. Materials

(a) Composites
Tata Advanced Materials
(b) Metals
Tata Steel
Subsidiaries / associates / joint ventures: Hooghly Met Coke and
Power Company, Jamshedpur Injection Powder (Jamipol), Lanka Special
Steel, mjunction services, NatSteel, Sila Eastern Company, Tata
Metaliks, Tata Pigments, Tata Ryerson, Tata Sponge Iron, Tata
Refractories, Tayo Rolls, The Indian Steel and Wire Products, The
Tinplate Company of India, TM International Logistics, Wires
Division.
3. Energy
(a) Power
Tata BP Solar India
Tata Power
Subsidiaries / associates / joint ventures: Tata Ceramics, Tata Power
Trading, North Delhi Power Limited
(b) Oil & Gas
Tata Petrodyne
4. Chemicals
Rallis India
Tata Chemicals
Tata Pigments

5. Services
(a) Hotels and Realty
Indian Hotels (Taj group)
Subsidiaries / associates / joint ventures: Taj Air , Roots
Corporation (Ginger Hotels)
THDC
(b) Financial Services

Tata AIG General Insurance
Tata AIG Life Insurance
Tata Asset Management
Tata Financial Services
Tata Investment Corporation
(c) Other Services
Tata Quality Management Services
Tata Services
Tata Strategic Management Group
6. Consumer Products
Infiniti Retail
Tata Tea
Subsidiaries / associates / joint ventures: Tetley Group, Tata
Coffee, Tata Tetley, Tata Tea Inc
Tata Ceramics
Tata McGraw Hill Publishing Company
Titan Industries
Trent
7. Information Systems and Communications
(a) Information Systems
Nelito Systems
Tata Consultancy Services
Subsidiaries / associates / joint ventures: APONLINE, Airline
Financial Support Services, Aviation Software Development
Consultancy, CMC, CMC Americas Inc, Conscripti, HOTV, Tata America
International Corporation, WTI Advanced Technology
Tata Elxsi
SerWizSol
Tata Interactive Systems
Tata Technologies
(b) Communications
Tata Sky
Tata Teleservices
Subsidiaries / associates / joint ventures: Tata Teleservices
(Maharashtra), Tata Internet Services
VSNL
Tatanet
(c) Industrial Automation
Nelco
Subsidiaries / associates / joint ventures: Tatanet

The name of the companies given above are very much privately owned
and not in the hands of the government as seem to be indicated by the
writer. another point he mentioned which I would also like to correct
is that Mr.ratan Tata is not related to the Tata family that once
owned the company.

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