Tata Motors Limited: History, Latest Updates, Milestones, Subsidiaries & Share Price
Introduction
Tata Motors Limited , a USD 42 billion is India's largest multinational automotive organization. It manufactures cars, cargo, utility vehicles, luxury vehicles, buses, trucks and defence vehicles. The company was incorporated in the year 1945, as a part of Tata Group. The company is known for its world class quality, originality, engineering and design excellence. Tata Motors Limited emerged as Tata Motors Group through its Mergers and Acquisitions. Currently, Tata Motors Group is a network of 90 consolidated subsidiaries. The company has its manufacturing facilities at Jamshedpur, Lucknow, Pantnagar, Dharwad, Sanand and Pune. Also, The company has its overseas manufacturing facilities at Argentina, South Africa, Thailand and Great Britain.
Tata Motors share price as on 16th March ,2024 was Rs. 1039.85. Traders can get live Tata Motors Share price
Tata Motors Limited Moves In 2024:
March 2024
Tata Motors and the TN government have signed a MoU for manufacturing vehicles at an investment of Rs9000 crores .
Tata Motors have requested GoI to extend EV vehicle incentive for another three more years and also to include EV under FAME scheme.
Tata Motors Board has approved the demerger of Tata Motors Limited into two distinct listed companies. This has led to a rise in Tata Motors Share Price by 8% from Rs.1000 to Rs.1065.60 .
February 2024
Tata Motors has reported a total passenger vehicle sale of 51321 units and total commercial vehicle sales of 35085 units. Thus, the YoY rise of total domestic sales was 9% in 2024 and YoY decline of total commercial sales was less by 4% in 2024.
Tata Motors has signed a MoU with Bandhan Bank to offer financing services for commercial vehicles.
Tata Motors in order to speed up its transition towards Net Zero Emissions has partnered with UN-Backed Lead IT.
Tata Motors in its Q3FY2024 results, has reported an increase in revenue by 25% and EBITDA increased by 60.6% .Thus the Tata Motors Share Price has increased multifold in last 5 years to provide a return of 470%.
January 2024
Tata Motors , vehicle connect platform has successfully connected over 5 lakh commercial vehicles with Fleet Edge App.
Tata Motors has started production at its Gujarat facility for the manufacture of electric vehicles.
Tata Motors in its Q3FY2024 results, has reported a global wholesale of all commercial vehicles and Tata Daewoo by 98679 in numbers, which is increased by 1% on YoY basis.
Tata Motors Share Price rose by 2% to Rs.901.90 in January based on the increase in total sales on YoY basis.
Evolution Of Tata Motors Limited: From Past to Present:
|
Year |
Evolution |
|
1948 |
Tata Engineering and Locomotive Company Limited (TELCO) by Mr. J.R.D. Tata |
|
1954 |
Collaborated with Daimier-Benz AG to launch the first commercial vehicle. |
|
1988 |
Manufactured the first passenger vehicle called TataMobile 206. |
|
1991 |
Introduced Sports Utility vehicle called Tata Sierra. |
|
1998 |
Launched the first passenger car of India called Tata Indica. |
|
1999 |
TELCO joint venture with Mercedes Benz to manufacture top class luxury sedans called Mercedes Benz E Class . |
|
2000 |
TELCO changed its name to Tata Engineering Limited |
|
2003 |
Tata Engineering Limited changed its name to Tata Motors Limited. |
|
2004 |
Acquisition of Daewoo Commercial Vehicle Company from South Korea. Listed in New York Stock Exchange. Produced 3 millionth passenger vehicles. |
|
2006 |
Joint Venture with Marcopolo from Brazil to form Tata Marcopolo Bus. |
|
2008 |
Purchased luxury cars and SUC from Ford Motors. Launched world’s cheapest car called Tata Nano. |
|
2010 |
Acquired Trilix, an Italian firm with 80% shareholding. |
|
2016 |
Got the ranking of 226 in Fortune Global 500 list. Became one of the largest corporations in the world. |
|
2018 |
Sold Aerospace and defence business to Tata Sons subsidiary called Tata Advanced Systems |
|
2019 |
Tata Motors and Prakriti E-mobility private limited signed a MoU to launch Tigor EV. |
|
2021 |
Tata Motors associated with Orange Group for its showroom. |
|
2022 |
Tata Motors and Lithium Urban Technologies signed a MoU |
|
2023 |
Tata Motors and ICICI bank partnered to offer EV vehicle dealers financing. Acquired Ford India’s Sanand facility. |
|
Company Information |
|
|
Name |
Tata Motors Limited |
|
Founded year |
1945 |
|
Parent Company |
Tata Group |
|
Headquarters |
Mumbai, Maharashtra, India |
|
Industry |
Automotive |
|
Current Chairman |
Mr. Natarajan Chandrasekaran |
|
Subsidiaries |
Tata Motors Cars Jaguar Land Rover Tata Daewoo Tata Marcopolo Tata Technologies Tata Hispano Tata Hitachi Construction Machinery |
|
Revenue |
Rs. 350,600.15 crore |
|
Geographical presence |
Worldwide |
|
NSE code |
NSE: TATAMOTORS NSE NIFTY 50 Constituent |
|
BSE code |
BSE: 500570 |
Inside Tata Motors Limited
Main News
In March 2024, Tata Motors and the Tamil Nadu government signed a MoU for manufacturing vehicles at an investment of Rs9000 crores over a period of next five years.
Corporate Action
Tata Motors Board has approved the demerger of Tata Motors Limited into two distinct listed companies dividing its business between commercial and passenger version.
Mr. Sitaram Kandi has been appointed as the Chief HRO of Tata Motors.
Current Tata Motors Share Price
|
COMPANY NAME |
SECTOR |
SHARE PRICE LINK |
|
Tata Motor Limited |
Automobile |
Milestones of Tata Motors Limited
|
Year |
Milestones |
|
1948 |
Launched Steam Road Roller |
|
1954 |
Launched First commercial vehicle ‘Tata Mercedez Benz’ truck. |
|
1964 |
Launched 1210 vehicle series. |
|
1969 |
Launched Telco under Tata Brand |
|
1975 |
Discovered Tata 1210 model |
|
1983 |
Commences manufacture of heavy commercial vehicles |
|
1986 |
Launched Tata LCV from Telco |
|
1989 |
Launched multi utility Tata Mobile |
|
1991 |
Launched first passenger vehicle Tata Sierra |
|
1992 |
Launched Tata Estate |
|
1994 |
Launched multi utility vehicle Tata Sumo |
|
1995 |
Telco launched 3-pointed star in India |
|
1998 |
Launched first sports utility vehicle Tata Safari. Also, launched first fully indigenous passenger car Tata Indica |
|
2002 |
Launched first fully indigenous sedan Tata Indigo |
|
2004 |
Launched Tata NOVUS a part of Tata Daewoo. Launched Tata Indigo Marina |
|
2005 |
Launched brands Globus and Starbus , range of buses and coaches. Launched first mini truck Tata Ace. Launched first sports utility truck Tata TL 4*4. |
|
2007 |
Launched Tata Magic under Ace platform. Launched only maxi van Tata Winger. |
|
2008 |
Launched first sub four metre sedan Tata Indigo Compact Sedan |
|
2009 |
Launched Tata Nano. Launched Tata Prima . Launched Jaguar Land Rover Range. Launched the new generation Indigo Tata Manza. |
|
2010 |
Launched first 4-wheel drive crossover Tata Aria |
|
2011 |
Launched Tata Venture, Tata Magic Iris, Tata Ace Zip |
|
2012 |
Launched the real SUV ‘Tata Safari Storme’ |
|
2014 |
Launched the compact sedan ‘Tata Zest’. |
|
2015 |
Launched luxury coach ‘Tata Marcopolo’s Magna’ and first Revotron petrol engine ‘Tata Bolt’ |
|
2016 |
Launched Tata Tiago |
|
2017 |
Launched Tata Xenon Yodha , Tata Starbus Hybrid, Tata Hexa, new sub brand ‘ TAMO’, Tata Tigor, Tata AMT Bus, Tata Tiago AMT, Tata Nexon, Tata Tigor EV |
|
2018 |
Launched Tata Ace Gold, Tata Nexon AMT, ultra range trucks, Tata Harrier, Winger 15S, |
|
2019 |
Introduced global and European premier at International Motor Show. Launched Ziptron, Nexon EV, Tata Altroz |
|
2020 |
Launched CGW prime mover ‘ Signa 5525.S’, Tata Altroz , largest tipper truck ‘ Signa 4825.TK’,new car feature ‘ ZConnect ‘, |
|
2021 |
Launched sleek range of Ultra, same day launched 21 commercial vehicles, |
|
2022 |
Launched Ace EV |
Awards & Achievements of Tata Motors Limited
|
Year |
Awards & Achievements |
|
2023 |
Tata Elxsi's Gen 3 from Tata Motors has won a German design award. Apollo CV Awards . CII Customer Obsession Apex award . Golden Peacock Award for National Training and Innovative Products. Water positive rating for Tata Motors Lucknow plant. Water Natural certification for Tata Motors Pantnagar plant. |
|
2022 |
In All India Creativity Summit 2022, Tata Motors has won 306 awards. |
Conclusion
Tata Motors Limited, India’s largest automobile manufacturer. The company holds the position of world’s second largest bus manufacturer, fourth largest truck manufacturer and in volume terms , it holds the position of world’s 17th largest motor vehicle corporation. Currently , the company has employed over 80000 employees.
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