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Analysis House of Tata: Acquiring a Global Footprint

In: Business and Management

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IILM Graduate School of Management

Group Submission on a Case

House of Tata: Acquiring a Global Footprint

Submitted by: - Submitted to:-
Abhigyan Prof. Vinay Chirania
Dipandita Kar
Himali Kulshrestha
Mridul Tiwari
Priyanka Aggarwal
Subhashree Roy
Vaibhav Singh

Summary of House of Tata: Acquiring a Global Footprint

The 134-year-old Tata Group with 95 operating companies (31 of them publicly traded) and 230,000 employees, it is India's largest private-sector employer, its biggest taxpayer, and its greatest foreign-exchange earner. It operates India's one of the largest private steel manufacturer, its largest chain of luxury hotels, and its largest private power utility” (Ellis, 2002). Tata Group is one of India's most prominent and esteemed business groups. Tata Group's cite is substitutable with India's industrialization. The Group dedicated The India her first steel plant, hydroelectric plant, inorganic chemistry plant and produced a reservoir of scientific and technological workforce for the nation. Today, Tata Group constitutes 96 functioning companies in seven business sectors such as, information systems and communications, engineering, materials, services, energy, consumer products, and chemicals. The Group has operations in more than 54 countries across six continents, and its companies export products and services to 120 nations. The Tata family of companies, shares a set of five core values: integrity, understanding, excellence, unity and responsibility Tata Group has played a pioneering role in a variety of areas after India's independence. Tata is trust, credibility, excellence in whatever they do, ethical business practice, fairness to all and respect, stated by Dr. Jamshed J Irani, Past President CII & Director Tata Sons Ltd. Tata group's strategy to enter overseas markets is mainly driven by "We want to expand into…...

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