what is tata

11 months ago 52
Nature

Tata is an Indian multinational conglomerate headquartered in Mumbai, India. It was established in 1868 by Jamsetji Tata and is Indias largest conglomerate, with products and services in over 150 countries, and operations in 100 countries across six continents. The Tata Group comprises 30 companies across ten verticals, operating in more than 100 countries across six continents, with a mission 'To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust’ . The group operates in several primary business sectors including chemicals, consumer products, energy, information systems, materials, services, and automotive industry. The company's mission is 'To bring enhancement in the quality of life in the communities'. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts that support education, livelihood generation, health, art, and culture. The Tata Group is India's only value-based corporation. In 2022-23, the revenue of Tata companies, taken together, was $150 billion (INR 12 trillion) .