Tata Motors Limited, established in 1945 as the Tata Engineering and Locomotive Company (TELCO), is an Indian multinational automotive manufacturer headquartered in Mumbai, Maharashtra. As a flagship entity of the Tata Group, the company has evolved into a leading global automobile producer, offering a diverse range of vehicles including cars, utility vehicles, buses, trucks, and defense vehicles. ([tatamotors.com](tatamotors.com/organisation/?utm_source=chatgpt.com))
**Global Presence and Operations**
Tata Motors operates in over 175 countries, with a significant international footprint. The company has manufacturing and assembly facilities in India, Argentina, South Africa, the United Kingdom, and Thailand. Additionally, it maintains research and development centers in India, South Korea, the United Kingdom, and Spain. ([Wikipedia](en.wikipedia.org/wiki/Tata_Motors?utm_source=chatgpt.com))
**Subsidiaries and Joint Ventures**
The company's notable subsidiaries include:
- **Jaguar Land Rover**: A British luxury vehicle manufacturer.
- **Tata Daewoo**: A South Korean commercial vehicle manufacturer.
Tata Motors has also established joint ventures with:
- **Hitachi**: Forming Tata Hitachi Construction Machinery.
- **Stellantis**: Producing vehicle parts for Fiat Chrysler and Tata-branded vehicles.
In the commercial vehicle segment, Tata Motors holds the position of India's largest manufacturer, offering a comprehensive product and service portfolio across cargo and public transportation sectors. In the passenger vehicle market, the company ranks third in India. Notably, Tata Motors is a pioneer in India's electric vehicle (EV) transition, leading the market with a diverse range of integrated and smart e-mobility solutions. ([The Tata group. Leadership with Trust.](tata.com/business/tata-motors?utm_source=chatgpt.com))
In March 2024, Tata Motors announced a significant restructuring plan to split into two separate listed entities. This strategic move aims to enhance operational efficiencies and focus on distinct business segments, allowing each entity to pursue tailored growth strategies and attract specific investor bases. ([Wikipedia](en.wikipedia.org/wiki/Tata_Motors?utm_source=chatgpt.com))
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