Tata Motors Limited, the unknown mother !
Tata Motors Limited Overview
Tata Motors Limited, an Indian multinational automotive corporation, is headquartered in Mumbai and operates as part of the Tata Group. The company's diverse portfolio encompasses cars, trucks, vans, and buses.
Subsidiaries and Partnerships
Tata Motors' subsidiaries include the renowned British luxury carmaker Jaguar Land Rover and the South Korean commercial vehicle manufacturer Tata Daewoo. Additionally, Tata Motors has joint ventures with Hitachi (Tata Hitachi Construction Machinery) and Stellantis, specializing in vehicle parts for both Fiat Chrysler and Tata-branded vehicles. Notably, in October 2021, private equity firm TPG invested $1 billion in Tata Motors' electric vehicle subsidiary.
Global Presence
Tata Motors boasts a robust global presence with auto manufacturing and vehicle plants strategically located across various countries including India, Argentina, South Africa, the United Kingdom, and Thailand. The company also operates research and development centers in India, South Korea, the United Kingdom, and Spain. Tata Motors is listed on major stock exchanges including the Bombay Stock Exchange (BSE), the National Stock Exchange of India, and the New York Stock Exchange. Notably, the company holds the 265th position on the Fortune Global 500 list of the world's largest corporations as of 2019.
Leadership and Market Share
Under the leadership of Natarajan Chandrasekaran, who was appointed chairman of the Tata Group on 17 January 2017, Tata Motors has made significant strides in the market. The company increased its UV (Utility Vehicle) market share to over 8% in the fiscal year 2019.
Historical Milestones
Tata Motors has a rich history dating back to its founding in 1945 as a locomotive manufacturer. In 1954, Tata entered the commercial vehicle sector through a joint venture with Daimler-Benz of Germany, marking its foray into manufacturing lorries. Over the years, Tata Motors diversified into passenger vehicles, introducing iconic models such as the Tata Sierra, Tata Sumo, Tata Estate, and Tata Safari.
Strategic Acquisitions and Expansion
In the 2000s, Tata Motors embarked on a series of acquisitions and partnerships, bolstering its global footprint. Key acquisitions include Daewoo's truck manufacturing unit in South Korea, a joint venture with Marcopolo in Brazil (Tata Marcopolo Bus), and the acquisition of Jaguar Land Rover. The company has also expanded its operations to various countries and continues to explore new markets with plans to establish plants in Turkey, Indonesia, and Eastern Europe.
Diverse Product Portfolio
Tata Motors Cars division produces a wide range of passenger vehicles catering to diverse segments including compact, midsize, and utility vehicles. The company's manufacturing base in India spans across multiple locations, supported by an extensive dealership and service network comprising over 3,500 touchpoints.
Tata Daewoo
As a wholly owned subsidiary of Tata Motors, Tata Daewoo operates as a prominent commercial vehicle manufacturer in South Korea. Tata Daewoo collaborates with Tata Motors to develop innovative trucks and buses, contributing to Tata Motors' product portfolio and competitiveness in the global market.
TML Drivelines and Tata Technologies
TML Drivelines, a Tata Motors subsidiary, specializes in manufacturing gearboxes and axles for heavy and medium commercial vehicles. Tata Technologies, another subsidiary, provides design, engineering, and business process outsourcing services to the automotive industry, catering to renowned clients such as Ford, General Motors, Honda, and Toyota. Additionally, Tata Motors' partnership with Incat International enhances its capabilities in engineering, design, and product lifecycle management.
European Technical Centre
The Tata Motors European Technical Centre (TMETC), based at the University of Warwick in England, focuses on automotive design, engineering, and research. TMETC collaborates with Tata Motors and Jaguar Land Rover to drive innovation in the automotive industry. In line with this commitment, Tata Motors, along with the university and Jaguar Land Rover, is spearheading the establishment of the National Automotive Innovation Campus, aimed at fostering research and development in automotive technology.
Tata Marcopolo
Tata Marcopolo is a bus manufacturing joint venture between Tata Motors (51%) and the Brazil-based Marcopolo S.A. (49%). The collaboration focuses on producing and assembling fully built buses and coaches, primarily aimed at developing mass rapid transportation systems. Leveraging Tata Motors' technology and expertise in chassis and aggregates, combined with Marcopolo's know-how in bodybuilding processes and bus body design, the joint venture delivers high-quality vehicles. Notably, Tata Marcopolo introduced a low-floor city bus that has gained widespread adoption by transport corporations across various Indian cities. The manufacturing facility is situated in Dharwad, Karnataka State, India, and Lucknow, India.
Tata Motors is slated to acquire the 49% stake held by its partner, Marcopolo, in the bus-making joint venture for ₹100 crore by February 2021. Following the acquisition, the subsidiary will retain the 'Marcopolo' trademark for a minimum of three years, accompanied by a non-compete provision in India for a corresponding period.
Fiat-Tata
Fiat-Tata is an India-based joint venture between Tata Motors and Stellantis' Fiat, specializing in producing Fiat and Tata branded passenger cars, as well as engines and transmissions. Through this collaboration, Tata Motors has gained access to Fiat's advanced diesel engine and transmission technology. Previously, the two companies operated a distribution joint venture, facilitating the sale of Fiat products in India through joint Tata-Fiat dealerships. However, this distribution arrangement concluded in March 2013, and Fiat products have since been distributed in India by Fiat Automobiles India Limited, Tata Motors' wholly-owned subsidiary.
Tata Hitachi Construction Machinery
Tata Hitachi Construction Machinery, a joint venture between Tata Motors and Hitachi, focuses on manufacturing excavators and other construction equipment. Formerly known as Telcon Construction Solutions, the company has evolved into a prominent player in the construction machinery segment, leveraging the combined strengths of Tata Motors and Hitachi.
Tata Motors European Technical Centre
The Tata Motors European Technical Centre is a leading automotive design, engineering, and research company headquartered at WMG, University of Warwick, United Kingdom. Established in 2005 as a wholly-owned subsidiary of Tata Motors, the center played a pivotal role in developing the World Truck. In September 2013, plans were unveiled for the construction of a new National Automotive Innovation Campus at WMG, Warwick's main campus, with Tata Motors spearheading the initiative alongside the university and Jaguar Land Rover. The project, funded in part by Tata Motors, aims to drive innovation in automotive technology.
Hyundai-Tata
Tata Motors and Hyundai collaborate in a joint venture to provide automatic transmission for Tata Safari & Tata Harrier models. This strategic partnership enhances the performance and appeal of Tata Motors' vehicles, offering customers a seamless driving experience.
Electric Vehicles
Tata Motors has ventured into the electric vehicle market, introducing electric versions of the Tata Indica passenger car and the Tata Ace commercial vehicle. Both vehicles are powered by TM4 electric motors and inverters and utilize lithium batteries. These electric variants were launched in 2022.
In 2008, Tata Motors' UK subsidiary, the Tata Motors European Technical Centre, acquired a 50.3% stake in the Norwegian electric vehicle technology firm Miljøbil Grenland/Innovasjon for US$1.93 million. This move aimed to pave the way for the launch of the electric Indica hatchback in Europe the following year. Additionally, in September 2010, Tata Motors introduced four CNG–Electric Hybrid low-floor Starbuses to the Delhi Transport Corporation for use during the 2010 Commonwealth Games, marking a significant step in eco-friendly public transportation in India.
In December 2019, Tata Motors unveiled the Nexon EV, an electric SUV equipped with a 30.2 kWh lithium-ion battery, offering a consistent range of 312 km on a single charge. Notably, it features fast charging technology capable of charging the vehicle from 0% to 80% in just 60 minutes. The Nexon EV proved to be a success, with 525 units sold in India in April 2021, making it the best-selling electric car in the country for that month.
Tata Passenger Electric Mobility, a subsidiary of Tata Motors, specializes in producing electric cars under the Tata Motors brand name.
Products
For detailed information on Tata Motors' product offerings, including passenger vehicles, commercial vehicles, and electric vehicles, please refer to the comprehensive list provided.
Model Year of Introduction:
Hatchback
Tata Tiago 2016[54]
Tata Altroz 2020
Sedan
Tata Tigor 2016
SUV/Crossover
Tata Punch 2021
Tata Nexon 2017
Tata Harrier 2018
Tata Safari 2021
Electric
Tata Nexon EV 2020
Tata Tigor EV 2021
Tata Tiago EV 2022
Tata Punch EV 2023
Commercial vehicles
Tata Ace
Tata Ace Zip
Tata Ace EV
Tata Super Ace
Tata Intra
Tata Intra V10
Tata Intra V20
Tata Intra V30
Tata Intra V50
Tata Xenon XT
Tata Yodha
Tata Ace Mega
Tata Iris
Tata TL/Telcoline/207 Pick-up truck
Tata 407 Ex and Ex2
Tata 709 Ex
Tata 807 (Steel cabin chassis, cowl chassis, medium bus chassis, steel cabin + steel body chassis)
Tata 809 Ex and Ex2
Tata 909 Ex and Ex2
Tata 1210 SE and SFC (Semi Forward)
Tata 1210 LP (Long Plate)
Tata 1109 (Intermediate truck/ LCV bus)
Tata 1512c (Medium bus chassis)
Tata 1515c/1615 (Medium bus chassis)
Tata 1612c/1616c/1618c (Heavy bus chassis)
Tata 1618 (Semilow-floor bus chassis)
Tata 1623 (Rear-engined low-floor bus chassis)
Tata 1518C (Medium truck) 10 ton
Tata 1613/1615c (Medium truck)
Tata 1616/1618c (Heavy duty truck)
Tata 2515c/2516c/2518c (Heavy duty 10-wheeler truck)
Tata Starbus (Branded buses for city, intercity, school bus, and standard passenger transportation)
Tata Divo (Hispano Divo)
Tata CityRide (12- to 20-seater buses for intracity use)
Tata 3015 (Heavy truck)
Tata 3118 (Heavy truck) (8×2)
Tata 3516 (Heavy truck)
Tata 4018 (Heavy truck)
Tata 4923 (Ultraheavy truck) (6×4)
Tata Novus
Tata Prima
Tata SIGNA series
Tata Ultra series (ICV Segment)
Tata Winger - (Maxivan)