Tata Motors

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Tata Motors Limited, formerly Tata Engineering and Locomotive Company (TELCO), is an Indian multinational automotive manufacturing company headquartered in Mumbai, Maharashtra, India. It is a part of Tata Group, an Indian conglomerate. Its products include passenger cars, trucks, vans, coaches, buses, sports cars, construction equipment and military vehicles.^[3]

Tata Motors Limited

Formerly	Tata Engineering and Locomotive Company Ltd.(TELCO)
Type	Public
Traded as	BSE: 500570 NSE: TATAMOTORS NYSE: TTM BSE SENSEX Constituent
ISIN	IN9155A01020
Industry	Automotive
Founded	1945; 74 years ago
Headquarters	Mumbai, Maharashtra, India[1]
Area served	Worldwide
Key people	Natarajan Chandrasekaran (Chairman) Guenter Butschek (CEO)
Products	Automobiles Sport Cars Commercial vehicles Coaches Buses Construction equipment Military vehicles Automotive parts
Services	Automotive design, engineering and outsourcing services Vehicle leasing Vehicle service
Revenue	₹301,938 crore (US$44 billion) (2019)[2]
Operating income	₹29,794 crore (US$4.3 billion) (2019)[2]
Net income	₹-28,724 crore (US$−4.2 billion) (2019)[2]
Total assets	₹307,194 crore (US$44 billion) (2019)[2]
Total equity	₹60,702 crore (US$8.8 billion) (2019)[2]
Number of employees	82,797 (2019)[2]
Parent	Tata Group
Divisions	Tata Motors Cars
Subsidiaries	Jaguar Land Rover Tata Daewoo Tata Technologies Tata Hispano
Website	TataMotor

Tata Motors has auto manufacturing and assembly plants in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad, and Pune in India, as well as in Argentina, South Africa, Great Britain, and Thailand. It has research and development centres in Pune, Jamshedpur, Lucknow, and Dharwad, India and in South Korea, Great Britain, and Spain. Tata Motors' principal subsidiaries purchased the English premium car maker Jaguar Land Rover (the maker of Jaguar and Land Rover cars) and the South Korean commercial vehicle manufacturer Tata Daewoo. Tata Motors has a bus-manufacturing joint venture with Marcopolo S.A. (Tata Marcopolo), a construction-equipment manufacturing joint venture with Hitachi (Tata Hitachi Construction Machinery), and a joint venture with Fiat Chrysler which manufactures automotive components and Fiat Chrysler and Tata branded vehicles.

Founded in 1945 as a manufacturer of locomotives, the company manufactured its first commercial vehicle in 1954 in a collaboration with Daimler-Benz AG, which ended in 1969. Tata Motors entered the passenger vehicle market in 1988 with the launch of the TataMobile followed by the Tata Sierra in 1991, becoming the first Indian manufacturer to achieve the capability of developing a competitive indigenous automobile.^[4] In 1998, Tata launched the first fully indigenous Indian passenger car, the Indica, and in 2008 launched the Tata Nano, the world's cheapest car. Tata Motors acquired the South Korean truck manufacturer Daewoo Commercial Vehicles Company in 2004 and purchased Jaguar Land Rover from Ford in 2008.

Tata Motors is listed on the (BSE) Bombay Stock Exchange, where it is a constituent of the BSE SENSEX index, the National Stock Exchange of India, and the New York Stock Exchange. The company is ranked 226th on the Fortune Global 500 list of the world's biggest corporations as of 2016.^[5]

On 17 January 2017, Natarajan Chandrasekaran was appointed chairman of the company Tata Group. Tata Motors increases its UV market share to over 8% in FY2019.