The Tata name has been respected in India for 140 years for its adherence to strong values and business ethics. Tata's mission has been guided by the spirit of nation building and service to society. Founded by Jamsetji Tata in 1868, the group’s early years were marked by the establishment of several industries of national importance in India: steel, power, and hospitality. After India gained independence from British rule, JRD Tata carried on the Tata tradition and pioneered the country’s entry into the airline, chemicals and software businesses. Also established then was Tata Motors, which, inspired by Ratan Tata, chairman, Tata Sons, made India’s first indigenously developed car, the Indica, in 1998 and recently unveiled the world’s lowest-cost car, the Tata Nano.
Tata has always believed in returning wealth to the societies it serves. Two-thirds of the equity of Tata Sons, the Tata promoter company, is held by philanthropic trusts that have created national institutions for science and technology, medical research, social studies and the performing arts. The trusts also provide aid and assistance to non-government organisations working in the areas of education, healthcare and livelihoods. Tata companies extend social welfare activities to the communities located around their industrial units.
Tata companies operate in seven business sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals. They are, by and large, based in India and have significant international operations. The companies employ around 350,000 people worldwide.
Each Tata company or enterprise operates independently. Each of these companies has its own board of directors and shareholders, to whom it is answerable. There are 27 publicly listed Tata enterprises, and they have a combined market capitalisation of some $60 billion and a shareholder base of 3.2 million. The major Tata companies are Tata Steel, Tata Motors, Tata Consultancy Services (TCS), Tata Power, Tata Chemicals, Tata Tea, Indian Hotels and Tata Communications.
Going forward, Tata is focusing on new technologies and innovation to drive its business in India and internationally. The Nano car is one example, as is the Eka supercomputer (developed by another Tata company), which in 2008 was ranked the world’s fourth fastest. Anchored in India and wedded to traditional values and strong ethics, Tata companies continue their aim of building multinational businesses that achieve growth through excellence and innovation while balancing the interests of shareholders, employees and civil society.
The GrowMorePulses campaign — the role of Rallis and Tata Chemicals
The GrowMorePulses campaign is a Tata initiative supported by two premier Tata companies, Rallis and Tata Chemicals.
Rallis India is one of India’s leading agrochemicals companies, with more than 150 years of experience in servicing rural markets and a comprehensive portfolio of pesticides, herbicides, fungicides and plant nutrients for Indian farmers. It has the largest agrochemicals capacity in the country (10,000 tonnes per annum of technical grade pesticides and 30,000 tonne litres per annum of formulations). The domestic formulation business caters to the crop protection and yield enhancement needs of farmers through a wide portfolio of products, including insecticides, fungicides, herbicides, plant-growth nutrients and seeds.
Tata Chemicals (TCL) is the second-largest producer of soda ash in the world. It is India's market leader in the branded and iodised salt segment as well as in urea and phosphatic fertilisers. Established in 1939 at Mithapur in the Indian state of Gujarat, TCL manufactures nitrogenous fertilisers, phosphatic fertilisers like di-ammonium phosphate (DAP), NPK complexes and single super phosphate. The company has set up a network of about 600 Tata Kisan Sansars (or Tata farmer centres) in the northern Indian states of Uttar Pradesh, Punjab, Haryana and Uttaranchal. The centres are one-stop resource centres for farmers.