COMPANY PROFILE:
TATA GROUP:
Tata group which was founded by Jamsetji Tata in 1868 comprises more than 100 operating companies in various seven sectors like communication and IT, services, material, engineering, energy, chemicals and consumer products. The group operates in more than 80 countries and its exports in count for more than 85 countries, operating across six continents.
Being an Indian conglomerate holding company with its headquarter in Mumbai, Maharashtra.. Tata’s have 30 publicly- listed enterprises with a market capitalization of approximate $134 billion. And it has its own respect for its values and business ethics since from 1868, that is for more than 148 years. TITAN COMPANY:
The Indian based Titan company limited has engaged itself in watch manufacturing of its own brand. Titan’s primary segment consist of watches followed by jewelry and others.
Titans secondary segment consist of eye wear, machine building, precision engineering and accessories. In addition to this it also provides Tanishq which is a jewelry brand.
Titan brought a great revolution in India with its Indian watch market after it introduced quartz technology, with a international styling. Titan company limited is ranked as
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They formed a joint venture with Timex Group, that lasted until 1998. This was to have a distribution network across country. The success of Titan began long back in 1984 with a joint venture between Tata group and the TIDCO i.e., Tamil Nadu Industrial Development Corporation. The company has various divisions namely watches and accessories, eyewear, jewelry, precision engineering, fragrances. Hosur, Tamil Nadu is the largest manufacturing unit. It also has manufacturing unit in Dehradun, Pantnagar in Uttaranchal, Roorkee and in Goa an Electro Circuit Boards plant. This has 1100 retail stores surrounding 1.5 million sq.feet. It also has 740 after sales service
Tata motors is a reputed brand in the Indian Auto motive industry and also internationally. Tata automobiles are known for its quality and comfort especially commercial vehicles. Tata group is the parent company of Tata motors. Tata group have several business in all over the world.
Tata Communications is a global company with its roots in the emerging markets. Headquartered in Mumbai and Singapore, it has more than 8,000 employees across 38 countries. The $3.2 billion company is listed on the Bombay Stock Exchange and the National Stock Exchange of India and is the flagship telecoms arm of the $103.3 billion Tata Group.
The company has successfully grabbed significant share of the pie by capturing important market segments and being in sync with the changing fashion trends since its inception. There is an aggressive growth plan on the cards which Titan is aiming for and this project aims to formulate strategies to leverage upon the current prevalent situation in order to achieve fulfil the company’s ambition and achieve a high growth target.
Abstract- Tata Group, was founded by Jamsetji Tata in 1868 this group is India’s most respected institutions today. Tata Sons Limited holds major share of Tata Group which is a conglomerate. In this study we will look into how Tata Consultancy Service Ltd which is one of its conglomerate has risen to be one of the best in India.
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 Limited is India's biggest vehicles organization, with combined incomes of INR 2,62,796 crores (USD 42.04 billion) in 2014-15. It is the pioneer in business vehicles in every section, and among the top in traveler vehicles with winning items in the reduced, average size auto and utility vehicle fragments. The Tata Motors Group's more than 60,000 representatives are guided by the mission "to be energetic in reckoning and giving the best vehicles and encounters that energize our clients comprehensively." Set up in 1945, Tata Motors' vicinity cuts over the length and broadness of India. More than 8 million Tata vehicles employ on Indian streets, since the initially took off in 1954. The organization's assembling base in India is spread
Titan Industries, established in 1984, the leading manufacturers of wrist watch in India. When Titan entered the market, it was considered to be a novice in the field of watches. At that time, HMT had huge market share. However, HMT targeted only upper middle and higher classes of the society. Titan adopted the concept of classy showrooms and fashionable franchises by targeting all classes of the society. As a result, it emerged as a market leader in a short period of time. Since then, Titan has been following the philosophy of creating a positive experience for customers by providing them quality after sales services. The aftersales services of Titan are based on 3R's, which are discussed as
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.
In India, the domestic jewelry market is worth US$ 16.1 billion and is expected at grow at an annual growth rate of 16%[1]. Out of the overall market share, organized jewelry market is approximately 2-3%. Tanishq, a division of Titan Industries Ltd. is a leading manufacturer and retailer of branded jewelry. Known for its superior craftsmanship, exclusive designs and a guaranteed product quality, it offers a gamut of gold as well as gem and diamond jewelry. The manufacturing is undertaken in a well-equipped, state-of-the-art manufacturing plant. It is sold through an exclusive retail chain that is managed by the company itself as well as through franchisees. Tanishq has 166 exclusive boutiques in 90 cities across India[2]. In such large format
Tata Motors Ltd. is the largest Indian automobile company having the revenues of USD 20 billion in 2009-10. Tata Motors is the leader in the manufacturing of
TATA Motors is India’s market leader and largest automobile industry. It is established in 1945. First TATA vehicle rolled out in 1954 and today over 8 million vehicles ply on Indian roads. Consolidated revenue for 2013-14 is INR 2,32,834 crores (USD 38.9 billion). Over 60,000 employees will work in TATA Motors.
This quote by Jamsetji Tata explains why the Tata group was so successful throughout history from a simple trading company to a global conglomerate which makes more than makes more than US$ 103.27 billion (2014) and employs more than 580,000 people throughout the world.
Tanishq is a Tata brand and thus one of the most trusted brands in India in jewellery segment. The largest player in this segment is Titan Industries has a market share
50 million wrist watches are sold in India every year. Notwithstanding the presence of global players and the opening up of the market, the Indian market has always been dominated by a single player. In the past, till the late 80’s in the mechanical era, HMT dominated the market. And after that it has again been the domination of a single congrats, Titan had almost 65% market share of the organized watch market in the country. The organized watch market itself is estimated at 35% of the total industry size. In value terms, the size of the organized market is estimated at around Rs 1500 crores, which means that the average price of watches sold even today is less than Rs 1000.