Tata Motors Limited: History, Latest Updates, Milestones, Subsidiaries & Share Price

Tata Motors Limited: History, Latest Updates, Milestones, Subsidiaries & Share Price

Tata Motors

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

Tata Motors Share Price

 

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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