Top 10 Companies of Tata Group | Can TATA group become the biggest wealth creator in India?
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About Tata Group:
- Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals.
- The group operates in more than 100 countries across six continents.
Tata group mission is 'To improve the quality of life of the communities they serve globally, through long-term stakeholder value creation based on Leadership with Trust’.
- If we look at the shareholding pattern, Tata Sons is the principal investment holding company and promoter of Tata companies.
- 66% of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture.
In 2019-20, the revenue of Tata companies, taken together, was $106 billion (INR 7.5 lakh crore).
- These companies collectively employ over 750,000 people.
- Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 29 publicly-listed Tata enterprises with a combined market capitalization of $123 billion (INR 9.3 trillion) as on March 31, 2020.
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