Achievements of Ratan Tata as Chairman of Tata Group

Ratan Tata, chairman of the Tata Group, had the uncanny ability to know when to enter a new business and, more importantly, exiting an existing one.


1
1 point

Ratan Tata, chairman of the Tata Group, had the uncanny ability to know when to enter a new business and, more importantly, exiting an existing one.

Milestones achieved

A look at major milestones achieved by Tata Sons under Ratan Tata as chairman:

1996: Forayed into the telecom sector with the launch of Tata Teleservices

1998: The Tata Indica, the conglomerate's first passenger car, was launched this year. The car went on to become the No. 1 brand in its segment within two years.

2000: Tata Tea, now Tata Global Beverages, acquired the Tetley Group, the world's second-largest manufacturer and distributor of tea. Tetley is the largest tea company in the UK.

2001: Tata AIG, a joint venture between the Tata Group and American International Group Inc (AIG), marks the re-entry of the Tata group into the insurance sector. The group's insurance company, New India Assurance, founded by Dorab Tata in 1919, was nationalised in 1956.

2001: Led Tata Consultancy Services (TCS) acquire CMC (the erstwhile, state-owned Computer Maintenance Corp)

2002: Led Tata Sons acquire the state-run Videsh Sanchar Nigam Ltd (VSNL), now known as Tata Communications

2003: TCS becomes the first Indian software company to cross one billion dollars in revenue

2004: Tata Motors acquires the heavy vehicles unit of Daewoo Motors

2004: TCS went public; it raised nearly $1.2 billion

2005: Tata Steel acquires Singapore-based steel company NatSteel

2005: Tata Communications acquires Tyco Global Network, thereby becoming the world's largest providers of submarine cable bandwidth

2006: Tata Sky satellite television service launched across India

2006: Tata Chemicals acquires controlling stake in UK-based Brunner Mond Group

2006: Launches Croma, the multi-brand retail outlets for consumer electronics

2007: Tata Steel acquires Anglo-Dutch steel-maker, Corus

2007: TCS entered China, with a joint venture with the Chinese government and other partners

2008: Tata Motors unveils Tata Nano, touted as the world's cheapest car

2008: Tata Motors acquires the Jaguar and Land Rover (JLR) brands from the Ford Motors

2008: Tata Chemicals acquires General Chemical Industrial Products

2009: Tata Teleservices launches pan-India mobile service with Japan's NTT DOCOMO

2009: Tata Housing launches low-cost housing in Mumbai

2010: Tata Chemicals acquires leading UK-based vacuum salt producer British Salt

2011: Tata Nano launched internationally in Sri Lanka and Nepal

2011: Tata BP Solar became Tata Power Solar Systems

2012: Tata Global Beverages forms joint venture with Starbucks

Xpert app

Referral Link


Like it? Share with your friends!

1
1 point

What's Your Reaction?

wtf wtf
0
wtf
love love
1
love
lol lol
0
lol
omg omg
0
omg
kirantheja99

0 Comments

Your email address will not be published. Required fields are marked *

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format