Tata, whenever this name comes up, it evokes a sense of respect among Indians. Currently, Ratan Tata is the face of the Tata Group. The brand value of Tata Group, built not just by Ratan Tata but also by the hard work of many generations. Lets know about them.
Tata Group Story: There is no other company in India quite like the Tata Group; whenever its name comes up, it evokes a sense of respect among the countrymen. From salt to steel production, Tata is involved in every sector of the industry. It has not been easy to establish Tata as a trustworthy brand, and many people have contributed to making it a global name. Currently, Ratan Tata is the face of the Tata Group. This brand value, built not just by Ratan Tata but also by the hard work of many generations, has consistently guided the country toward the future. Here are some prominent individuals who helped elevate Tata to where it is today.
Jamshedji Tata
We all know that the Tata Group is founded by Jamshedji Tata. He hailed from Navsari in Gujarat. However, his luck changed when he moved to India’s commercial hub – Mumbai. In 1868, Jamshedji Tata laid the foundation of the Tata Group as a trading company, starting with an investment of Rs 21,000 at the age of 29 years. At that time, this amount was considerable. Subsequently, the Tata Group ventured into shipping, and by 1869, it entered the textile business.
When he came across a dormant oil mill in Mumbai, formerly known as Bombay, he didn’t just see a non-functioning infrastructure. Instead, he gave it a new life by transforming it into a textile mill. Jamshedji Tata’s significant contributions made a long-standing impact on India, with his most notable achievement being the construction of the iconic ‘Taj Hotel’ in Mumbai. His visionary foresight also laid the foundations for Tata Steel plants across the nation, a dream that his son, Dorabji Tata, passionately leaped forward to fruition.
One Of World’s Luxurious Hotel Brands
The Taj Hotel was established by Jamshedji Tata. He put immense efforts to make the hotel where it is right now. The Taj has now gained recognition as one of the world’s most luxurious hotel brands.
Dorabji Tata
Dorabji Tata played a crucial role in shaping the Tata Group into a solid industrial powerhouse. Established in the city of Jamshedpur, Tata Steel came into existence in 1907. The city is named in honour of Jamshedji Tata. The early phases of Tata Steel are marked by various employee-focused initiatives, seen today as the bedrock of citizens’ social security. This made Tata Group stand out as a desirable employer, long before tech giants like Google and Microsoft made a name in this aspect.
Even before independence, the Tata Group was forward-thinking in supporting their workforce. With the creation of residential areas specifically for their staff, providing health care facilities, and the setup of provident fund systems, the company created a stable and supportive environment for its employees. Not only that, Tata Group is also supportive of their female employees, offering childcare facilities to enable easier balance of work and family responsibilities.
JRD Tata
The man who changed both the direction of Tata Group and the condition of the country is JRD Tata. During his leadership, Tata Group witnessed many significant transformations. Additionally, he brought crucial changes for newly independent India, which is why he was deserving of the prestigious Bharat Ratna award.
JRD Tata founded Tata Airlines in 1932, which later became Air India. Companies like Tata Motors, Tata Consultancy Services, Tata Consumer Products, Tata Salt, Titan, and Lakmé either started during his leadership.
Ratan Tata
Ratan Tata led the Tata Group for nearly 30 years. He was the one who transformed the Tata Group into a multinational or global company. In 1990s, during the IT boom in the country, he completely reshaped Tata Consultancy Services (TCS). Today, it is the second most valuable IT company in the world.
Acquiring brands like Corus Steel in the UK, Tetley Tea, and later Jaguar and Land Rover are all part of Ratan Tata’s legacy. He fulfilled common man’s dream of traveling in a car by launching the Tata Nano for just 1 lakh rupees.
Leaders Of The Company Without The Tata Surname
The steering wheel of the Tata Group is at present in the trusted hands of N. Chandrasekaran. Its nearly 150-year history reveals rare instances when the leadership was passed divergent from the Tata lineage such as Cyrus Mistry, a lineage linked to the Shapoorji Pallonji Group, a group that holds the majority stake in the Tata Group. However, his work in the Tata Group was not well-received for a long time, and he ultimately had to resign from his position.
Tata’s Gift To Country
The country’s first airline, Air India, the first indigenous luxury hotel Taj Hotel, the first indigenous passenger car – Tata Sierra, the first fully indigenous car – Tata Indica, and the safest car – Tata Nexon, some of the example of Tata which enriched the country with these gifts.
Institutions such as the Indian Institute of Science, Tata Institute of Fundamental Research, Tata Institute of Social Sciences, and Tata Memorial Hospital have also been established by the Tata Group.
Popular Tata Brands
Taj Hotels, Titan, Tata Motors, Tata AIG, Tata Salt, Tata Q, Voltas, Tata Capital, Tata 1mg, Tanishq, Tetley, Tata Sampann, Utsa, Ginger Hotels, Taj Vivanta, Zara, Skin Perfume, Titan iPlus, Air India, Croma, Tata Pravesh, Star Quik, CultFit, Starbucks, Himalayan Water, Taneira, Vistara, Fastrack, Tata Click, Jaguar Land Rover, Westside, Tata New BigBasket, AirAsia India, Trent.