The Tata group appears to have bolstered its travel and tourism portfolio with the return of Air India, which already includes the Indian Hotels Company Limited (IHCL), Air Asia (India), and Vistara.
The Tata group, which was founded by Jamsetji Tata in 1868 and is headquartered in India, is a multinational conglomerate with 30 enterprises spread over ten industries. With a vision to ‘enhance the quality of life of the communities we serve internationally through long-term stakeholder value generation based on Leadership with Trust,’ the company operates in more than 100 countries across six continents.
Air India, founded by the renowned JRD Tata, has pioneered India’s aviation sector, and the airline’s history is inextricably linked to India’s civil aviation history.
Since its inaugural flight on October 15, 1932, Air India has grown into a prominent worldwide airline with a network that spans the United States, Canada, the United Kingdom, Europe, the Far East, Southeast Asia, Australia, and the Caribbean. After taking over Air India in the last week of January 2022, the Tata group welcomed it back to its kitty after over seven decades.
Let’s take a closer look at the Tata Group’s 33 firms, which span ten different industries.
Information Technology, Steel And Automobile
Through its ownership of Tata Motors, Jaguar Land Rover, and Tata AutoComp Systems, the Tata group has established a strong foothold in the automobile industry.
Tata Consultancy Services (TCS), a global leader in IT, digital, and business services, is a bastion in the IT sector for the Tata group. Tata Elxsi and Tata Digital are two more companies in the Tata group that provide design, technology, and digital business services.
Then there’s Tata Steel, which has been leading Tata’s steel goals since 1907 and has grown to become one of the world’s most geographically diverse steel producers.
Aerospace And Infrastructure
The Tata group’s strategic entity Tata Advanced Systems Ltd (TASL), which was established in 2007, has been well-positioned in the Aerospace and Defense industry to address the Government of India’s initiatives to spur indigenous development and manufacturing of critical aerospace and defense solutions.
Tata Power, India’s largest integrated power firm, is part of the Tata group’s infrastructure portfolio, which also includes Tata Housing, Tata Consulting Engineers, Tata Projects, and Tata Realty & Infrastructure Limited.
Telecommunication, Retail And Consumer Goods
Tata Chemicals, Tata Consumer Products, Titan Company, Voltas, Trent, and Infiniti Retail are among the Tata group’s retail and consumer businesses, offering a varied range of products and services.
Tata Communications, Tata Play, and Tata Teleservices are all part of the Tata group’s telecom and media businesses.
Financial, Trading And Investment
Tata Capital, Tata AIA Life, Tata AIG, and Tata Asset Management Company are among the financial services companies in the Tata group.
The Tata group has Tata Industries, Tata International, and Tata Investment Corporation in the trading and investment industry.
Apart from these, it also owns a number of international brands. It includes Daewoo Commercial Vehicles, Starbucks India, General Chemical Industrial Products, Tetley, Corus Group, Tyco Global Network, and others.
Were you aware of these companies? Let us know in the comments below.