Tata Group And Their Relative Global Industry Competitiveness Essay

There were certain competitive threats due to opening up the Indian economy. One brand, instead of many, will create a strong equity that will benefit all Tata companies to fight competitors entering Indian market.

The story of Tata begins in 1868 when a young boy named Jamsetji Tata joined his father's small trading company. Thirty-five years later, that same boy was the owner of India's largest textile company, Tata Textile. Over the last century, Tata has excelled in many different business sectors including Materials (Steel and Mining), Agriculture, Energy, Consumer Products, Information Technology, Consultancy, Finance, Automobiles, Chemicals, Engineering and Hospitality. Tata Group of Industries reported $17.6 billion in revenues in 2005, which is equivalent to 2.8 percent of India's GDP. In 2006, it is projecting its annual revenue to be around $24 billion. Figure 1 shows the breakdown of Tata's revenues for the

The vision of The Tata Steel Limited is “we aspire to be the global steel industry benchmark for Value Creation and Corporate Citizenship”.

Tata Steel was established in Jamshedpur in 1907, under the supervision of Jamsetji N. Tata, is today a global business enterprise having services and products in more than 150 countries and have employees spread across five continents, and they are world’s second-most geographically diversified steel producer. Tata Steel is among the top global steel companies in the world. Sustainability is one of the important aspects of the culture of Tata Steel. The founder of Tata group, JN Tata’s belief that “the community is not just another stakeholder in business, but the very purpose of our organization’s existence.” In the span of few years, Tata Steel company has taken the top position in the world of industry in many aspects and has been recognized as a top leader in many

Tata has a strong presence in India and is a key manufacturer of commercial vehicles. It is

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 Tata group’s core purpose is to improve the quality of life of the communities it serves globally, through long-term stakeholder value creation.Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise headquartered in India, and comprises over 100 operating companies in seven business sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals. Tata companies have operations in more than 100 countries across six continents, and export products and services to over 150 countries. The revenue of Tata companies, taken together, was $96.79 billion (around Rs527, 047 Crore) in 2012-13, with 62.7 percent of this coming from businesses outside India. Tata companies employ over 540,000 people worldwide.Good corporate

Difficulty in finding similarities in markets or operational capabilities; Tata has more than 100 operating companies in seven main business groups doing business in 80 countries: chemicals, information systems and communications, consumer products, energy, engineering, materials, and services. It’s difficult to find similarities in markets or operational capabilities, so they need more effort to develop to different strategies for different markets especially for consumer products. More complex and challenging process of managing strategically it face.

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.

Business today is in a global environment. This environment forces companies, regardless of location or primary market base, to consider the rest of the world in their competitive strategy analysis. Firms cannot isolate themselves from or ignore external factors such as economic trends, competitive situations or technology innovation in other countries, if some of their competitors are competing or are located in those countries. Companies are going truly global with Supply-chain Management (SCM). A company can develop a product in the United States, manufacture in India and sell in Europe. Companies have changed the ways in which they manage their operations and logistics

Chapter 7: Merger and Acquisition Strategy ---- House of Tata: Acquiring a Global Footprint (written by Tarun Khanna, Krishna G. Palepu, and Richard J. Bullock)

As one of the most representative corporate player of the Indian economy, Tata group is a multinational company headquartered in Mumbai. It was founded by Jamsetji Tata in 1868 and nowadays comprises over 100 independent operation companies by being active in more than 100 countries in all six continents. The revenue of the Tata companies together was 108.78 bn in 2014-2015 with over 600’000 employees. Tata group companies have achieved global leadership in their business, e.g. Tata Communications, which is the first international wholesale voice provider (Tata 2015a). In order to keep the high ethical standards, Mr. Ratan Tata crafted a Code of Conduct in 1998. It constantly changes to align with the environment and guides the employees in doing business. The Corporate Governance is now depicted for the whole Tata group. In order to gain better insights in a possible collaborator or competitor to Swiss firms, the analysis then focuses on Tata Consulting, which works in the areas of consulting, services, IT services and business solutions. Tata Consulting is the largest IT software and services firm in India and the second one in the world with a revenue of about 15.5bn (TCS 2015a).

- 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

Since its establishment, Tata has shown a strategy of incremental change. Arguably, that point was important because so the group might vary within the current market. In the nineteenth – century steel was seen as an unprofitable section. Even more than 50 independent steel producers went into bankruptcy in the USA (Business Monitor International Ltd, 2010: 54).