AA

PROJECT REPORTPROJECT REPORT

ON ON

AUTOMOBILE INDUSTRYAUTOMOBILE INDUSTRY

MADE BY:-MADE BY:-

PAVNEET SINGH KOHLIPAVNEET SINGH KOHLI

PGD-IIBM/09/027PGD-IIBM/09/027

ACKNOWLEDGEMENTACKNOWLEDGEMENT

““YOU CAN REACH THE SKY ALONE BUT TO BE ON YOU CAN REACH THE SKY ALONE BUT TO BE ON THE EARTH YOU NEED MANY PEOPLE”THE EARTH YOU NEED MANY PEOPLE”

THERE ARE NUMBER OF PEOPLE ,WHO DESERVE THERE ARE NUMBER OF PEOPLE ,WHO DESERVE ACKNOWLEDGEMENT AND GRATITUDE FOR THEIR ACKNOWLEDGEMENT AND GRATITUDE FOR THEIR CONTRIBUTION, IN THE SUCCESSFUL COMPLETION CONTRIBUTION, IN THE SUCCESSFUL COMPLETION OF MY PROJECT.I AM HIGHLY INDEBTED TO MY OF MY PROJECT.I AM HIGHLY INDEBTED TO MY GUIDE MR. N. HARIHARAN FOR HIS VALUABLE GUIDE MR. N. HARIHARAN FOR HIS VALUABLE ASSISTANCE THROUGHOUT THE PROJECT.I WOULD ASSISTANCE THROUGHOUT THE PROJECT.I WOULD NEVER HAVE BEEN ABLE TO COMPLETE THIS NEVER HAVE BEEN ABLE TO COMPLETE THIS PROJECT ON TIME.PROJECT ON TIME. FINALLY, I EXPRESS MY DEEP GRATITUDE FINALLY, I EXPRESS MY DEEP GRATITUDE TO MY FRIENDS WITHOUT WHOSE SUPPORT AND TO MY FRIENDS WITHOUT WHOSE SUPPORT AND ENCOURAGEMENT THE PROJECT COULD NOT HAVE ENCOURAGEMENT THE PROJECT COULD NOT HAVE BEEN COMPLETED. BEEN COMPLETED.

PREFACEPREFACE

ASPIRING MANAGERS JOIN THE INDUSTRY JUST ASPIRING MANAGERS JOIN THE INDUSTRY JUST AFTER PASSING THEIR COLLEGE EXAMINATION. AFTER PASSING THEIR COLLEGE EXAMINATION. THERE IS A BIG GAP BETWEEN THE THEORETICAL THERE IS A BIG GAP BETWEEN THE THEORETICAL EXPECTS OF MANAGEMENT THOUGHT AT COLLEGE EXPECTS OF MANAGEMENT THOUGHT AT COLLEGE AND THE GROUND REALITIES IN THE INDUSTRY.TO AND THE GROUND REALITIES IN THE INDUSTRY.TO GET A FEELER OF ENVIRONMENT OF AN INDUSTRY, GET A FEELER OF ENVIRONMENT OF AN INDUSTRY, MAKING PROJECT IS A GOLDEN APPORTUNITY FOR MAKING PROJECT IS A GOLDEN APPORTUNITY FOR ASPIRING MANAGERS. ASPIRING MANAGERS.

KEEPING ABOVE IN VIEW ,ENDEAVOR HAS KEEPING ABOVE IN VIEW ,ENDEAVOR HAS BEEN MADE TO PRESENT THE FUNCTIONING AND BEEN MADE TO PRESENT THE FUNCTIONING AND ROLE OF A DEPARTMENT.ROLE OF A DEPARTMENT.

CONTENTSCONTENTS

HISTORY OF AUTOMOBILEHISTORY OF AUTOMOBILE HISTORY OF TATA MOTORSHISTORY OF TATA MOTORS TATA COMPANIESTATA COMPANIES AREA OF BUSINESSAREA OF BUSINESS JOINT VENTURES,SUBSIDIARIES,ASSOCIATESJOINT VENTURES,SUBSIDIARIES,ASSOCIATES LOCATIONLOCATION FINANCIALS OF TATA COMPANIESFINANCIALS OF TATA COMPANIES TATA GROUP FINANCIALSTATA GROUP FINANCIALS MERGERS AND ACQUISITIONSMERGERS AND ACQUISITIONS

History of the automobile History of the automobile

The The history of the automobilehistory of the automobile begins as early begins as early as 1769, with the creation of as 1769, with the creation of steam-powered automobiles capable of capable of human transport.In .In 1806, the first cars powered by 1806, the first cars powered by internal combustion engines running on running on fuel gas appeared, which led to the introduction in 1885 appeared, which led to the introduction in 1885 of the ubiquitous modern of the ubiquitous modern gasoline- or petrol-- or petrol-fueled internal combustion engine.fueled internal combustion engine.

The design of the Cugnot Steam Trolley (1769)

Cont..Cont..

Cars powered by Cars powered by electricity briefly appeared at briefly appeared at the turn of the 20th century but largely the turn of the 20th century but largely disappeared from commonality until the turn of disappeared from commonality until the turn of the 21st century, when interest in low- and zero-the 21st century, when interest in low- and zero-emissions transportation was reignited. As such, transportation was reignited. As such, the early history of the automobile can be the early history of the automobile can be divided into a number of eras based on the divided into a number of eras based on the prevalent method of automotive propulsion prevalent method of automotive propulsion during that time. Later periods were defined by during that time. Later periods were defined by trends in exterior styling and size and utility trends in exterior styling and size and utility preferences.preferences.

Eras of inventionEras of invention

Pioneer inventorsPioneer inventorsGerman engineer Carl Benz, inventor of numerous car-, inventor of numerous car-related technologies, is generally regarded as the related technologies, is generally regarded as the inventor of the modern automobile. The inventor of the modern automobile. The four-stroke petrol (gasoline) (gasoline) internal combustion engine that that constitutes the most prevalent form of modern constitutes the most prevalent form of modern automotive propulsion is a creation of German inventor automotive propulsion is a creation of German inventor Nikolaus Otto. The similar four-stroke . The similar four-stroke diesel engine was was also invented by a German, also invented by a German, Rudolf Diesel. The hydrogen . The hydrogen fuel cell, one of the technologies hailed as a replacement , one of the technologies hailed as a replacement for gasoline as an energy source for cars, was for gasoline as an energy source for cars, was discovered in principle by yet another German, discovered in principle by yet another German, Christian Friedrich Schönbein, in 1838. , in 1838.

Early automobiles Early automobiles

steam automobiles:- steam automobiles:- Ferdinand Verbiest, a , a member of a member of a Jesuit mission in China, built , built the first the first steam-powered -powered vehicle around 1672, vehicle around 1672, designed as a toy for the designed as a toy for the Chinese Emperor, it being Chinese Emperor, it being of small scale and unable to of small scale and unable to carry a driver or passenger carry a driver or passenger but, quite possibly, the first but, quite possibly, the first working steam-powered working steam-powered vehicle ('auto-mobile'). vehicle ('auto-mobile').

Cugnot's steam wagon, the second (1771) version

Electric automobiles Electric automobiles In 1838, In 1838, Scotsman

Robert Davidson built an built an electric locomotive that attained electric locomotive that attained a speed of 4 a speed of 4 miles per hour (6  (6 km/h). In ). In England, a , a patent was was granted in 1840 for the use of granted in 1840 for the use of rail tracks as as conductors of of electric current, and similar , and similar American patents were issued American patents were issued to Lilley and Colten in 1847. to Lilley and Colten in 1847. Between 1832 and 1839 (the Between 1832 and 1839 (the exact year is uncertain), exact year is uncertain), Robert Anderson of Scotland of Scotland invented the first crude electric invented the first crude electric carriage, powered by non-carriage, powered by non-rechargeable rechargeable primary cells..

Veteran eraVeteran era

The first production of The first production of automobiles was by was by Karl Benz in 1888 in in 1888 in Germany and, under and, under licence from Benz, in licence from Benz, in France by by Emile Roger. . There were numerous There were numerous others, including others, including tricycle builders builders Rudolf Egg, , Edward Butler, and , and Léon Bollée. .

The French 1898 Renault Voiturette

Brass or Edwardian eraBrass or Edwardian era

Throughout this era, Throughout this era, development of development of automotive technology was was rapid, due in part to a huge rapid, due in part to a huge number (hundreds) of small number (hundreds) of small manufacturers all competing to manufacturers all competing to gain the world's attention. Key gain the world's attention. Key developments included electric developments included electric ignition system (by (by Robert Bosch, 1903), , 1903), independent suspension, and , and four-four-wheel brakes (by the (by the Arrol -Johnston Company of Company of Scotland in 1909). in 1909).

T-model Ford car parked outside Geelong Library at its launch in Australia in 1915

Cont..Cont.. Some examples of cars of the period included the Some examples of cars of the period included the

following:following: 1908–1927 1908–1927 Ford Model T — the most widely produced — the most widely produced

and available car of the era. It used a and available car of the era. It used a planetary transmission, and had a pedal-based control , and had a pedal-based control system. system.

1910 1910 Mercer Raceabout — regarded as one of the first — regarded as one of the first sports cars, the Raceabout expressed the exuberance of , the Raceabout expressed the exuberance of the driving public, as did the similarly-conceived the driving public, as did the similarly-conceived American Underslung and and Hispano- Suiza Alphonso. .

1910–1920 1910–1920 Bugatti Type 13 — a notable — a notable racing and and touring model with advanced touring model with advanced engineering and and design. . Similar models were the Types 15, 17, 22, and 23. Similar models were the Types 15, 17, 22, and 23.

Vintage era Vintage era

Lineup of Lineup of Ford Model As1926 Austin 7 Box saloon1926 Austin 7 Box saloon

The vintage era lasted from the end of World War I (1919), through the Wall Street Crash at the end of 1929. During this period, the front- engined car came to dominate, with closed bodies and standardized controls becoming the norm. In 1919, 90% of cars sold were open; by 1929, 90% were closed. Development of the internal combustion engine continued at a rapid pace, with multi-valve and overhead camshaft engines produced at the high end, and V8, V12, and even V16 engines conceived for the ultra-rich.

Cont..Cont.. Exemplary vintage vehicles:Exemplary vintage vehicles: 1922–1939 1922–1939 Austin 7 — the Austin Seven was one of the most widely copied — the Austin Seven was one of the most widely copied

vehicles ever, serving as a template for cars around the world, from vehicles ever, serving as a template for cars around the world, from BMW to to Nissan. .

1924–1929 1924–1929 Bugatti Type 35 — the Type 35 was one of the most successful — the Type 35 was one of the most successful racing cars of all time, with over 1,000 victories in five years. cars of all time, with over 1,000 victories in five years.

1922–1931 1922–1931 Lancia Lambda — very advanced car for the time, first car to — very advanced car for the time, first car to feature a load-bearing feature a load-bearing monocoque -type body and -type body and independent suspension in front. in front.

1925–1928 1925–1928 Hanomag 2 / 10 PS — early example of — early example of envelope styling, , without separate fenders (wings) and running boards. without separate fenders (wings) and running boards.

1927–1931 1927–1931 Ford Model A — after keeping the brass era — after keeping the brass era Model T in in production for too long, production for too long, Ford broke from the past by restarting its model broke from the past by restarting its model series with the series with the 1927 Model A. More than 4 million were produced, making it . More than 4 million were produced, making it the best-selling model of the era. the best-selling model of the era.

1930 1930 Cadillac V-16 — developed at the height of the vintage era, the — developed at the height of the vintage era, the V16--powered powered Cadillac would join would join Bugatti's 's Royale as the most legendary ultra- as the most legendary ultra-luxury cars of the era.luxury cars of the era.

Pre-WWII era Pre-WWII era The pre-war part of the classic The pre-war part of the classic

era began with the era began with the Great Depression in 1930, and in 1930, and ended with the recovery after ended with the recovery after World War II, commonly placed , commonly placed at 1948. It was in this period that at 1948. It was in this period that integrated integrated fenders and fully- and fully-closed closed bodies began to began to dominate sales, with the new dominate sales, with the new saloon/sedan body style even body style even incorporating a incorporating a trunk or boot at at the rear for storage. The old the rear for storage. The old open-top open-top runabouts, , phaetons and and touring cars were phased were phased out by the end of the classic era out by the end of the classic era as wings, running boards, and as wings, running boards, and headlights were gradually were gradually integrated with the body of the integrated with the body of the car.car.

Citroën Traction Avant

Cont..Cont.. Exemplary pre-war automobiles:Exemplary pre-war automobiles: 1932–1939 1932–1939 Alvis Speed 20 and and Speed 25 — the first cars with all- — the first cars with all-

synchromesh gearbox. . 1932–1948 1932–1948 Ford V-8 — introduction of the powerful — introduction of the powerful Flathead V8 in in

mainstream vehicles, setting new performance and efficiency mainstream vehicles, setting new performance and efficiency standards. standards.

1934–1940 1934–1940 Bugatti Type 57 — a singular high-tech, refined automobile — a singular high-tech, refined automobile for the wealthy. for the wealthy.

1934–1956 1934–1956 Citroën Traction Avant — the first mass-produced — the first mass-produced front-wheel drive car, built with car, built with monocoque techniques. techniques.

1936–1955 1936–1955 MG T series — sports cars with youth appeal at an — sports cars with youth appeal at an affordable price. affordable price.

1938–2003 1938–2003 Volkswagen Beetle — a design for efficiency and low price, — a design for efficiency and low price, which progressed over 60 years with minimal basic change. which progressed over 60 years with minimal basic change.

1936–1939 1936–1939 Rolls-Royce Phantom III — — V12 engined pinnacle of pre- pinnacle of pre-war engineering, with technological advances not seen in most other war engineering, with technological advances not seen in most other manufacturers until the 1960s. Superior performance and quality.manufacturers until the 1960s. Superior performance and quality.

Post-war era Post-war era

1953 Morris Minor Series II

Jaguar E-type coupe

1985 Mini

Cont..Cont.. Automobile design finally emerged from the shadow finally emerged from the shadow

of of World War II in 1949, the year that in the in 1949, the year that in the United States saw the introduction of high- saw the introduction of high-compression V8 engines and modern bodies from and modern bodies from General Motors' ' Oldsmobile and and Cadillac brands. brands. The The unibody//strut-suspended 1951 1951 Ford Consul joined the 1948 joined the 1948 Morris Minor and 1949 and 1949 Rover P4 in in waking up the waking up the automobile market in the market in the United Kingdom. In . In Italy, , Enzo Ferrari was was beginning his beginning his 250 series, just as , just as Lancia introduced introduced the revolutionary the revolutionary V6-powered -powered Aurelia..

Throughout the 1950s, Throughout the 1950s, engine power and vehicle and vehicle speeds rose, designs became more integrated and speeds rose, designs became more integrated and artful, and cars spread across the world artful, and cars spread across the world

Cont..Cont..

Exemplary post-war cars:Exemplary post-war cars: 1948–1971 1948–1971 Morris Minor — a popular, and typical post-war car — a popular, and typical post-war car

exported around the world. exported around the world. 1959–2000 1959–2000 Mini — this quintessential small car lasted for four — this quintessential small car lasted for four

decades, and is one of the most famous cars of all time. decades, and is one of the most famous cars of all time. 1961–1975 1961–1975 Jaguar E-type — the E-type saved Jaguar on the — the E-type saved Jaguar on the track

and in the showroom, and was a standard for design and innovation and in the showroom, and was a standard for design and innovation in the 1960s. in the 1960s.

1964–present 1964–present Ford Mustang — the — the pony car that became one of the that became one of the best-selling and most-collected cars of the era. best-selling and most-collected cars of the era.

1969 1969 Datsun 240Z — one of the first Japanese sports cars to be a — one of the first Japanese sports cars to be a smash hit with the North American public, it paved the way for future smash hit with the North American public, it paved the way for future decades of Japanese strength in the decades of Japanese strength in the automotive industry. It was . It was affordable, well built, and had great success both on the track and in affordable, well built, and had great success both on the track and in the showroom.the showroom.

Modern era Modern era The modern era is normally defined as the 25 yearspreceding the current year. However, there are some technical and design aspects that differentiate modern cars from antiques. Without considering the future of the car, the modern era has been one of increasing standardisation, platform sharing, and computer-aided design.

The modern era has also seen rapidly rising fuel efficiency and engine output. Once the automobile emissions concerns of the 1970s were conquered with computerised engine management systems, power began to rise rapidly. In the 1980s, a powerful sports car might have produced 200 horsepower (150 kW) — just 20 years later, average passenger cars have engines that powerful, and some performance models offer three times as much power.

Cont..Cont..

Exemplary modern cars:Exemplary modern cars: 1966–present 1966–present Toyota Corolla — a simple small Japanese — a simple small Japanese

saloon/sedan that has come to be the best-selling car of all time. that has come to be the best-selling car of all time. 1967 1967 NSU Ro 80 — the basic wedge profile of this design was — the basic wedge profile of this design was

much emulated in subsequent decades.much emulated in subsequent decades. 1970–present 1970–present Range Rover — the first take on the combination of — the first take on the combination of

luxury and and four-wheel drive utility, the original ' utility, the original 'SUV'. Such was the '. Such was the popularity of the original popularity of the original Range Rover Classic that a new model was that a new model was not brought out until 1996.not brought out until 1996.

1973–present 1973–present Mercedes-Benz S-Class — electronic — electronic Anti-lock Braking System, supplemental restraint , supplemental restraint airbags, , seat belt pretensioners, and electronic pretensioners, and electronic traction control system all made their all made their debut on the S-Class. These features would later become standard debut on the S-Class. These features would later become standard throughout the car industry. throughout the car industry.

1975–present 1975–present BMW 3 Series — the 3 Series has been on Car and — the 3 Series has been on Car and Driver magazine's annual Ten Best list 17 times, making it the Driver magazine's annual Ten Best list 17 times, making it the longest running entry in the list. longest running entry in the list.

Cont..Cont.. 1977–present 1977–present Honda Accord saloon/sedan — this saloon/sedan — this

Japanese sedan became the most popular car in the Japanese sedan became the most popular car in the United States in the 1990s, pushing the Ford Taurus aside, United States in the 1990s, pushing the Ford Taurus aside, and setting the stage for today's upscale Asian sedans. and setting the stage for today's upscale Asian sedans.

1981–1989 1981–1989 Dodge Aries and and Plymouth Reliant — the "K- — the "K-cars" that saved Chrysler as a major manufacturer. These cars" that saved Chrysler as a major manufacturer. These models were some of the first successful American models were some of the first successful American front-wheel drive, fuel-efficient , fuel-efficient compact cars. .

1983–present 1983–present Chrysler minivans — the two-box — the two-box minivan design nearly pushed the design nearly pushed the station wagon out of the market, out of the market, and presaged today's and presaged today's crossover SUVs. .

1986–present 1986–present Ford Taurus — this — this mid-sized front-wheel front-wheel drive sedan with modern computer-assisted design drive sedan with modern computer-assisted design dominated the American market in the late dominated the American market in the late 1980s, and , and created a design revolution in North America. created a design revolution in North America.

History of Tata MotorsHistory of Tata Motors

Tata Motors is India’s largest automobile company. Tata Motors is India’s largest automobile company. Established in 1945, it is also among the world’s top five Established in 1945, it is also among the world’s top five manufacturers of medium and heavy trucks and the manufacturers of medium and heavy trucks and the world's second largest medium and heavy bus world's second largest medium and heavy bus manufacturer. It entered the passenger vehicles manufacturer. It entered the passenger vehicles segment in 1991 and now ranks second in India's in this segment in 1991 and now ranks second in India's in this market.market.

The company, formerly known as Tata Engineering and The company, formerly known as Tata Engineering and Locomotive Company, began manufacturing commercial Locomotive Company, began manufacturing commercial vehicles in 1954 with a 15-year collaboration agreement vehicles in 1954 with a 15-year collaboration agreement with Daimler Benz of Germany. It has, since, developed with Daimler Benz of Germany. It has, since, developed Tata Ace, India's first indigenous light commercial Tata Ace, India's first indigenous light commercial vehicle, Tata Safari, India's first sports utility vehicle, vehicle, Tata Safari, India's first sports utility vehicle, Tata Indica, India's first indigenously manufactured Tata Indica, India's first indigenously manufactured passenger car, and the Nano, the world's cheapest car. passenger car, and the Nano, the world's cheapest car.

Cont..Cont..

Cont..Cont..

Tata Motors has over 1,400 engineers and Tata Motors has over 1,400 engineers and scientists in six R&D centres in India, scientists in six R&D centres in India, South Korea, Spain and the UK. Its South Korea, Spain and the UK. Its vehicles are exported to Europe, Africa, vehicles are exported to Europe, Africa, the Middle East, South and Southeast the Middle East, South and Southeast Asia and South America. Asia and South America.

Tata companies:-Tata companies:-

AA BB CC DD EE GG HH II JJ KK LL MM NN PP RR TT VV

The two Tata promoter companies, Tata Sons and Tata Industries, and all other Tata companies and subsidiaries, with their profiles, the products and services they offer, and contact details

AA

Advinus TherapeuticsAlliance Coffee

BB

Brunner Mond CC

CMCCorus

DD

Drive India Enterprise Solutions EE

Eight O' Clock Coffee GG

General Chemical Industrial ProductsGood Earth Corporation

HH

Hispano CarroceraHooghly Met Coke and Power Company

II

Indian HotelsInfiniti Retail

JJ

Jaguar Land RoverJAMIPOLJamshedpur Utilities and Services Company

KK

Khet Se Agriproduce India LL

Landmark MM

Magadi Soda Companymjunction servicesMount Everest Mineral Water

NN

NatSteel HoldingsNelcoNelito SystemsNorth Delhi Power

PP

Powerlinks Transmission RR

Rallis IndiaRoots Corporation

TT

TajAirTAL Manufacturing SolutionsTata Advanced MaterialsTata Advanced SystemsTata Africa HoldingsTata AGTata AIG General InsuranceTata AIG Life InsuranceTata Asset ManagementTata AutoComp SystemsTata BlueScope SteelTata BP SolarTata Business Support ServicesTata CapitalTata CeramicsTata ChemicalsTata CoffeeTata CommunicationsTata Consultancy ServicesTata CumminsTata Daewoo Commercial Vehicle Company

Tata DOCOMOTata ElxsiTata Financial ServicesTata Housing Development CompanyTata Industrial ServicesTata IndustriesTata Interactive SystemsTata InternationalTata International AG

Tata Tea IncTata TechnologiesTata TeleservicesTata Teleservices (Maharashtra)TatanetTayo RollsTCE Consulting EngineersTelco Construction EquipmentTetley GroupThe Tinplate Company of IndiaTitan IndustriesTM International LogisticsTrentTRF

VV

Virgin Mobile IndiaVirgin Mobile IndiaVoltasVoltas

WW

WestlandWestland

Areas of businessAreas of business Tata Motors makes passenger cars, multi-utility vehicles Tata Motors makes passenger cars, multi-utility vehicles

and light, medium and heavy commercial vehicles.and light, medium and heavy commercial vehicles. Passenger cars: The company launched the compact Passenger cars: The company launched the compact

Tata Indica in 1998, the sedan Indigo in 2002 and the Tata Indica in 1998, the sedan Indigo in 2002 and the station wagon Indigo Marina in 2004. Tata Motors also station wagon Indigo Marina in 2004. Tata Motors also distributes Fiat’s cars in India. distributes Fiat’s cars in India.

Utility vehicles: The Tata Sumo was launched in 1994 Utility vehicles: The Tata Sumo was launched in 1994 and the Tata Safari in 1998. and the Tata Safari in 1998.

Commercial vehicles: The commercial vehicle range Commercial vehicles: The commercial vehicle range extends from the light two- tonne truck to heavy dumpers extends from the light two- tonne truck to heavy dumpers and multi axled vehicles in the above 40-tonne segment. and multi axled vehicles in the above 40-tonne segment.

Passenger buses: The company also manufactures and Passenger buses: The company also manufactures and sells passenger buses, 12-seaters to 60-seaters, in the sells passenger buses, 12-seaters to 60-seaters, in the light, medium and heavy segments. light, medium and heavy segments.

Joint ventures, subsidiaries, Joint ventures, subsidiaries, associatesassociates

Tata Motors has joint ventures with Marcopolo, the Brazil-based Tata Motors has joint ventures with Marcopolo, the Brazil-based maker of bus and coach bodies, and with Fiat Auto (to build a maker of bus and coach bodies, and with Fiat Auto (to build a commercial vehicle at Fiat's facilities in Córdoba, Argentina). commercial vehicle at Fiat's facilities in Córdoba, Argentina).

Other associates include: Other associates include: Tata Daewoo Commercial Vehicle Company, a 100-per cent Tata Daewoo Commercial Vehicle Company, a 100-per cent

subsidiary of Tata Motors in the business of heavy commercial subsidiary of Tata Motors in the business of heavy commercial vehicles (www.daewootruck.co.kr/). vehicles (www.daewootruck.co.kr/).

Tata Motors European Technical Centre is a UK-based, 100-per Tata Motors European Technical Centre is a UK-based, 100-per cent subsidiary engaged in design engineering and development of cent subsidiary engaged in design engineering and development of products. products.

Telco Construction Equipment Company makes construction Telco Construction Equipment Company makes construction equipment and allied services. Tata Motors has a 60 per cent equipment and allied services. Tata Motors has a 60 per cent holding; the rest is held by Hitachi Construction Machinery holding; the rest is held by Hitachi Construction Machinery Company, Japan (www.telcon.co.in/). Company, Japan (www.telcon.co.in/).

Cont..Cont.. Tata Technologies  provides specialised engineering and design Tata Technologies  provides specialised engineering and design

services, product lifecycle management and product-centric services, product lifecycle management and product-centric information technology services (www.tatatechnologies.com/). information technology services (www.tatatechnologies.com/).

Tata Motors (Thailand) is a joint venture between Tata Motors (70 Tata Motors (Thailand) is a joint venture between Tata Motors (70 per cent) and Thonburi Automotive Assembly Plant Co (30 per cent) per cent) and Thonburi Automotive Assembly Plant Co (30 per cent) to manufacture and market the company’s pickup vehicles in to manufacture and market the company’s pickup vehicles in Thailand (www.tatamotors.co.th/). Thailand (www.tatamotors.co.th/).

Tata Cummins manufactures high horsepower engines used in the Tata Cummins manufactures high horsepower engines used in the company’s range of commercial vehicles (www.tatacummins.com/). company’s range of commercial vehicles (www.tatacummins.com/).

HV Transmissions and HV Axles are 100-per cent subsidiaries that HV Transmissions and HV Axles are 100-per cent subsidiaries that make gearboxes and axles for heavy and medium commercial make gearboxes and axles for heavy and medium commercial vehicles . vehicles .

TAL Manufacturing Solutions is a 100-per cent subsidiary that TAL Manufacturing Solutions is a 100-per cent subsidiary that provides factory automation solutions and designs and provides factory automation solutions and designs and manufactures a wide range of machine tools (www.tal.co.in/). manufactures a wide range of machine tools (www.tal.co.in/).

Hispano Carrocera is a Spanish bus manufacturing company in Hispano Carrocera is a Spanish bus manufacturing company in which Tata Motors has a 21-per cent stake (www.hispano-net.com/). which Tata Motors has a 21-per cent stake (www.hispano-net.com/).

Concorde Motors is a 100 per cent subsidiary retailing Tata Motors’ Concorde Motors is a 100 per cent subsidiary retailing Tata Motors’ range of passenger vehicles (www.concordemotors.com/). range of passenger vehicles (www.concordemotors.com/).

Tata Motors Finance is a 100 per cent subsidiary in the business of Tata Motors Finance is a 100 per cent subsidiary in the business of financing customers and channel partners of Tata Motors financing customers and channel partners of Tata Motors (www.tatamotorfinance.com/).(www.tatamotorfinance.com/).

LocationLocation

Tata Motors' plants are located at Tata Motors' plants are located at Jamshedpur (eastern India), Pune (west), Jamshedpur (eastern India), Pune (west), and Lucknow and Pantnagar (north). Tata and Lucknow and Pantnagar (north). Tata Motors and Fiat have set up a common Motors and Fiat have set up a common manufacturing facility at Ranjangaon, near manufacturing facility at Ranjangaon, near Pune. The company is establishing a new Pune. The company is establishing a new plant at Singur (eastern India).plant at Singur (eastern India).

Daily Chart Daily Chart

Stock AnalysisStock Analysis Tata has emerged as the leading bidder in the battle for Tata has emerged as the leading bidder in the battle for

Jaguar and Land Rover based not only on its offer, but also Jaguar and Land Rover based not only on its offer, but also its interest in keeping the U.K. labor unions happy. Though its interest in keeping the U.K. labor unions happy. Though bids from all parties have remained undisclosed, The bids from all parties have remained undisclosed, The Associated Press has reported that offers ranged from $1.5 Associated Press has reported that offers ranged from $1.5 billion to $2 billion. Ford has been somewhat noncommittal, billion to $2 billion. Ford has been somewhat noncommittal, stating, "There is still a considerable amount of work to do, stating, "There is still a considerable amount of work to do, and while no final decision has been made, we will proceed and while no final decision has been made, we will proceed with further substantive discussions with Tata Motors over with further substantive discussions with Tata Motors over the forthcoming weeks with a view to securing an agreement the forthcoming weeks with a view to securing an agreement that is in the best interests of all parties concerned." The that is in the best interests of all parties concerned." The other bidders, Indian automaker Mahindra & Mahindra Ltd other bidders, Indian automaker Mahindra & Mahindra Ltd and J.P. Morgan Chase unit One Equity Partners LLC, are and J.P. Morgan Chase unit One Equity Partners LLC, are still officially in the running.still officially in the running.

Financials of Tata companiesFinancials of Tata companies

This section furnishes the financial figures This section furnishes the financial figures and related information of 23 listed Tata and related information of 23 listed Tata companies companies

Tata group financialsTata group financialsYearYear 2006-072006-07

(Rs crore)(Rs crore) 2005-062005-06(Rs crore)(Rs crore)

% change% change

Total revenue Total revenue 129,994129,994 96,723 96,723 34.4 34.4

Sales Sales 128,377128,377 94,71494,714 35.535.5

Profit before tax Profit before tax 17,86117,861 13,37513,375 33.533.5

Profit after tax Profit after tax 12,57412,574 9,4619,461 32.932.9

Total assets Total assets 113,573113,573 79,76679,766 42.442.4

International revenues International revenues (including exports) (including exports)

48,73048,730 29,63129,631 64.464.4

Total shareholders Total shareholders 2,923,6882,923,688 2,302,4462,302,446 2727

YearYear 2006-072006-07(US $ billion)(US $ billion)

2005-062005-06(US $ billion)(US $ billion)

% change% change

Total revenue Total revenue 28.828.8 21.921.9 31.5131.51

Sales Sales 28.528.5 21.421.4 33.1833.18

Profit before tax Profit before tax 4.04.0 3.03.0 31.731.7

Profit after tax Profit after tax 2.82.8 2.12.1 33.333.3

Total assets Total assets 25.225.2 18.418.4 40.040.0

International revenues International revenues (including exports) (including exports)

10.810.8 6.86.8 58.858.8

Total shareholders 2,923,688 2,302,446 27

Cont..Cont..

Financial year is April-March Exchange rate: USD=Rs40.24 Financial year is April-March Exchange rate: USD=Rs40.24 for 2007-08 and USD=Rs45.12 for 2006-07.for 2007-08 and USD=Rs45.12 for 2006-07.

Sales figures for group companies are consolidated and Sales figures for group companies are consolidated and net of excise duty (wherever applicable)net of excise duty (wherever applicable)

Group's capital market performance :-Group's capital market performance :-

Shares of the Tata group companies have been among the Shares of the Tata group companies have been among the star performers on the Indian stock market over the last star performers on the Indian stock market over the last three years. Trends in the group's total market three years. Trends in the group's total market capitalization along with aggregate market capitalization capitalization along with aggregate market capitalization of Bombay Stock Exchange are provided below.of Bombay Stock Exchange are provided below.

With the listing of TCS on August 25, 2004, the total market capitalisation of the group's 27 listed companies crossed the Rs100,000 crore mark and the group acquired the distinction of having the highest market capitalisation among all business houses in the country, both in the public and private sectors.

Tata group accounts for 4.9 per cent of the total market capitalisation of BSE.

Tata group companies have contributed significantly to the spread of equity cult in the country. They enjoy the trust of over 3.5 million investors

Figures within the bracket are in US $ billion.

Contribution to the exchequer — 2007-08