Source Problem Of Tata Steel

TATA being a brand which follows the concept of branded house in which the company name is used across all its product categories. Thus it has been made easier for the consumers to identify the brand though they are enormously diversified.

Tata Motors, India’s largest auto manufacturer have created the world’s cheapest car priced at $2,500 allowing drivers to be able to afford a car. Tata Group is a global enterprise whose headquarters are located in India, founded in 1868. The group contains over 100 independent operating companies, located in more than 100 countries. Each company is under control of their own board of directors and shareholders. One of the subsidiaries of Tata Group that will be focused on in the paper will be Tata Motors. They were founded in 1945, which is headquartered in Mumbai produces different types of vehicles. These vehicles include passenger cars, trucks, vans, buses and military vehicles. Over the years Tata Motors have used a global strategy to

Tata companies include: Airlines, Automotive, Consumer goods, Chemicals, Defence & aerospace, Electrical distribution, Engineering services, Financial services, Healthcare, Information technology, Locomotives, Steel, Telecommunication and Real estate.

Tata Motors was formerly known as TELCO (Tata Engineering and Locomotive Company) is a leading global automobile manufacturer. Originally it was manufacturer of locomotives named as TELCO, the company then manufactured its first commercial vehicle in 1954 having a tie-up with Daimler-Benz. Tata motors have a wide range of variety from heavy commercial vehicles to carriers, buses, SUVs and passenger cars that covers a wide range of cars, sports vehicles, buses, trucks and defense vehicles.

Steel industry derives demand from important sectors like aviation, infrastructure, engineering, automobile, construction, pipes and tubes etc. The steel sector in India enjoys the advantages of domestic availability of raw materials and cheap labour. .

This report is fundamentally intended to assess the success, performance and growth of Jindal steel and power. The analysis of this report is based on the internal and the external environments which aimed at employing various strategies to achieve competitive advantage, survive and maintain strategic position amidst the fierce competition, and subsequently suggest some ideas and how they can be put into practice.

One example of such a company whose impact on the Gross National Product in its country is Tata Company. Tata is an Indian conglomerate headquartered in Maharashtra in the capital Mumbai. It traces its origin back to 1874 when Jamsetji Tata started a textile mill. The company has always had the Tata family as a major driving force with members of the family occupying top management positions. Since its beginning, the company has been a standard setter in its human resource practices and its innovativeness. For instance, even today it is the country’s most respected employer. A culture of excellence pervades the organization and other organizations and the government in India look up to Tata for leadership.

The mode of transportation we use most today is the personal vehicle. “Henry Ford’s dream of everyone having a personal car has almost come true. Cars have become a status symbol in many society and the more cars you have the richer you appear.” (Chauhan 2016) Tata Group is a global enterprise, which was founded by Jamsetji in 1868. Their headquarters are in India. “There are 29 publicly-listed Tata enterprises with a combined market capitalization of about $134 billion (as on March 31, 2015). Tata companies with significant scale include Tata Steel, Tata Motors, Tata Consultancy Services, Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Indian Hotels.” (Tata 2016) Tata Motors is one of

- Tata has entered into several acquisitions and joint ventures, which when combined offer a joint and diverse human capital across various departments such as R&D, marketing, sales and operations Tata’s management is strengthened by thecollective experience of its partners and acquired companies

Economic With business practices all over the world , Tata Motors concentrates on global economies while focusing on individual markets within countries. In recent years Tata Motors has experienced high growth since 2004. They have created joint ventures with 5 countries across the

In the late twentieth century, demand growth was strongly low. In contrast, the twenty –first century saw a boom in demand. For instance, Tata bought weaker players internationally, such as NatSteel in 2004, which was Tata Steel’s first overseas acquisition, and the Anglo – Dutch giant Corus in April 2007. Through the investment in Corus, Tata has created a manufacturing and marketing network in Europe, South East Asia and the pacific – rim countries. These acquisitions were also the result of using a strategy of

As a result, the domestic steel industry has since then, become market oriented and integrated with the global steel industry. This has helped private players to expand their operations and bring in new cost effective technologies to improve competitiveness not only in the domestic but also in the global market. Private sector contribution in the total output has since been increasing in India. Development of private sector has caused high growth in all aspects of steel industry that is capacity, production, export and imports. During the last decade more than 12 Mt of capacity has been added in the steel industry, this is mostly in the private sector. Recently, the steel industry is receiving significant foreign investments such as POSCO South Korean steel producer and Arcelor-Mittal Group UK/Europe based steel producer announcing plans for establishing about 12 Mt production units each in India.

Tata Steel is one of India’s largest steel organizations. Established 1907 in Mumbai as “TATA IRON AND STEEL COMPANY” it has a production capacity of 40 Mn. tonnes a year. It is also world’s sixth largest steel company. With a presence in more than 60 + countries and manufacturing units in 30+ countries the company can be called truly global.

1. Tata Steel is the largest steel company of the country and at present stands as the 10th largest steel firm in the world. The company with its headquarters in Jamshedpur operates in 20 countries with a presence in about 50 countries across the world. The past few years has seen Tata Steel growing from strength to strength through the path of

Tata Steel is the second biggest steel maker in Europe and has its principle steelmaking plants in the UK and Holland. It supplies steel and related administrations to significant commercial enterprises, for example, development, vehicle generation and bundling. The European operations are a backup of Tata Steel Group, one of the world 's main ten steel makers. The consolidated Group has around 80,000 workers. (http://www.referenceforbusiness.com/administration/Log-Mar/Management-Functions.html)