Do you know these companies are a part of Tata Sons?

Updated on August 23, 2022 15:47 PM by Ava Sara

The Jamshedji Tata-founded TATA group, which has 30 companies distributed across ten industries and has its headquarters in India, is a worldwide conglomerate. The company attained global fame by acquiring numerous foreign businesses. It belongs to the oldest and biggest industrial enterprise in India.

Each Tata company is self-contained and is directed and supervised by its board of directors and shareholders. On a worldwide scale, the TATA Group does not require an introduction. The business itself is a brand.

India's economic liberalization came after Ratan Tata assumed leadership of the TATA group in 1991. We know the TATA group's track record of accomplishment and its high caliber of charitable work.

But a handful of us may not be familiar with these group-owned businesses that don't have the same name as their parent corporation. Consequently, confusion often results in thinking of it as a separate business.

With a mission to "enhance the quality of life of the communities we serve globally through long-term stakeholder value generation based on Leadership with Trust," the firm conducts business throughout more than 100 countries and six continents.

The major investment holding firm and sponsor of Tata enterprises is Tata Sons. Philanthropic trusts that assist the arts, culture, livelihood creation, and the fields of education and health hold 66% of Tata Sons' equity share capital. The combined revenue of all Tata firms was $103 billion in 2020–21. (INR 7.7 trillion).

Together, these businesses employ more than 800,000 people. The board of directors of each Tata firm or operation serves as the organization's governing body and acts as its supervisory body.

As of December 31, 2021, there were 29 publicly traded Tata companies with a total market value of $314 billion (INR 23.4 trillion).

Here are some companies which are a part of Tata Sons

1. Jaguar

Jaguar was not always thought of as a first-class or even a premium car. In 1922, they were known as the Swallow Sidecar Company and produced sidecars for motorcycles in Blackpool, England.

Later, the name was changed to SS vehicles by the creators. But soon after, the car continued to go by the name "Jaguar." It was initially referred to as a sports automobile.

Ford Motors bought it from British Leyland, having financial issues, in 1999. In 2008, Ford Motors sold it to Tata Motors. Tata Motors, the company currently owns Jaguar, took the brand from nothing to a globally recognized, most successful one.

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2. Land Rover

The agreements for Jaguar and Land Rover were inked simultaneously. A subsidiary of the British Leyland group was Land Rover. The first Land Rover vehicle was created in 1948, and British Leyland Motors registered it as a separate business in 1978. In 1994, BMW acquired ownership of Land Rover Private Limited.

After buying it from BMW in 2008, Ford also sold Jaguar to Tata Motors. Tata Motors is the current owner of Land Rover. Land Rover and Jaguar were acquired from Ford by Mumbai, India-based Tata Motors, which also created a new Jaguar Land Rover subsidiary.

3. Fast-Track

The fact that the Tata Group owns the Fastrack Watch Company is something that many people are unaware of because it confuses them.

The only difference is that when you try to find out which firm truly owns it, you will obtain results that say "Titan," but ultimately, "Titan" is owned by the Tata group. By the time we know, many companies don't go with their parent name TATA but are bought by the group.

An Indian manufacturer of high-end goods, Titan Company Limited focuses on creating watches, jewelry, and eyewear. It started as a partnership with TIDCO and is currently a part of the Tata Group. Fastrack, a young people's fashion accessories brand, was unveiled in 2005.

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4. Tanishq

Following Fastrack, Titan-owned Tanishq is the second business associated with the Tata group umbrella. With the acquisition of Tanishq in 1994 and Titan Eyeplus in 1995, Titan expanded into the jewelry and eyewear industries.

It existed far earlier than Fastrack. It is currently one of India's most popular and prosperous jewelry brands. The name of the company, Tanishq, is a mixture of two words: "Ta," which stands for "Tata," and "Nishq," which means "piece of jewelry."

With a market share of 45.1% and sales of 4,68,788 vehicles in FY 2018–19, TML is the market leader in India for commercial vehicles (CVs).

It has also gained market share in the segments of medium and heavy commercial vehicles (MHCV), intermediate light commercial vehicles (ILCV), and small commercial vehicles (SCV). In FY 2018–19, TML's market share in the PV sector climbed by 60 bps to 6.3%.

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5. Vistara

If you're asking how this is possible, Tata is present everywhere, from the ground to the air. Tata Sons Private Limited and Singapore Airlines Limited (SIA) are partners in the joint venture Vistara, with Tata Sons holding a 51 percent stake and Singapore Airlines holding a 49 percent stake.

The formal name of the business is TATA SIA Airlines Limited. Few people are aware that a plane that lost its lone engine mid-flight landed at 17. Therefore, the desire for aviation was always present, even though he was unaware that it would become a successful business one day.

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6. Westside

You enjoy shopping, but what are your favorite stores? The pride of India also owns Westside. Trent Limited, a Tata group subsidiary, is Westside's owner. It was founded in 1988, has its headquarters in Mumbai, and maintains a presence across India.

The company's primary retail location, Westside, provides an exclusive range of its own branded fashion apparel. In 82 cities, the company has already opened 143 Westside locations.

7. Taj Hotels

The Indian Hotels Company Limited, with headquarters in Express Towers, Nariman Point, Mumbai, owns the luxury hotel chain Taj Hotels.

The enterprise, which Jamsetji Tata founded in 1903, is a member of the Tata sons, one of the biggest economic empires in India. In 2010, the business employed approximately 20,000 workers.

By 2020, the firm will run more than 100 hotels and hotel resorts, including 16 outside of India in Bhutan, Malaysia, the Maldives, Nepal, South Africa, Sri Lanka, the United Arab Emirates, the United Kingdom, and the United States.

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8. Taj Air

The Tata Group, founded by J. R. D. Tata (the country's first licensed pilot) over 80 years ago, owns TajAir, an air charter firm. It is listed as a non-scheduled operator with the Directorate General of Civil Aviation.

The company was established as Megapode Airlines Ltd. on November 11, 1993, and Taj Air operations began on August 9, 2002. At Mumbai's Chatrapati Shivaji International Airport's General Aviation (GA) Terminal, TajAir is the owner and operator of a hangar and a swanky passenger lounge.

Also Read: Tata group owned companies

9. Tata Capital

India's Tata Capital Limited offers financial and investment services. The business has more than 100 branches nationwide and is headquartered in Mumbai.

The company provides various services, including infrastructure financing, commercial finance, wealth management, and consumer lending. In 2007, Tata Capital, a division of Tata Sons Limited, was founded. It is a US$108 billion Tata Group division that provides financial services.

Tata Capital Financial Services Limited (TCFSL), Tata Securities Limited, and Tata Capital Housing Finance Limited are all subsidiaries of this holding company.

The business is listed as a Systematically Important Deposit Accepting Non-Banking Financial Company by the Reserve Bank of India (RBI).

Commercial finance, investment banking, consumer loans, private equity, treasury advising, and credit cards are among the services provided by Tata Capital. Its fully-owned subsidiary, TCFSL, provides services to corporate, retail, and institutional clients.

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10. Air India

The national airline of India, Air India, has its main office in New Delhi. Following the completion of the sale by Air India Limited's former owner, the Government of India, it is now owned by Palace Private Limited, a Special-Purpose Vehicle (SPV) of Tata Sons.

Air India's Airbus and Boeing fleet covers 102 domestic and international destinations. The Indira Gandhi International Airport in New Delhi serves as the airline's hub and other focal cities across India.

The largest international airline in India is Air India, with an 18.6% market share. Air India serves more than 60 foreign locations on four continents. The airline became the 27th member of Star Alliance on July 11, 2014.

R. D. Tata created the airline in 1932 under the name Tata Airlines. He was the first to pilot a single-engine De Havilland Puss Moth to transport air mail from Karachi's Drigh Road Aerodrome to Bombay's Juhu Aerodrome and Madras (currently Chennai).

After the Second World War, it changed its name to Air India and became a public limited company. It received its first Boeing 707, called Gauri Shankar, on February 21, 1960, making it the first Asian airline to add a jet to its fleet.

There were attempts to privatize Air India in 2000–2001, and following its merger with Indian Airlines, it started to lose money in 2006. A second attempt at privatization was made in 2017, and it was successful, with Tata's sons regaining ownership of the airline and any related properties in 2022.

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11. Tata Steel UK

Tata Steel Europe Ltd. (formerly Corus Group plc) is an English steel manufacturer with headquarters in London and principal operations in the UK and the Netherlands.

The company was founded when the Tata Group acquired the British-Dutch Corus Group in 2007. The business was divided into a British and a Dutch division in 2021.

Tata Steel India, the parent company of Tata Steel Netherlands (TSN), Tata Steel UK, and Tata Steel Europe, no longer exists. In 1999, Koninklijke Hoogovens and British Steel plc merged to become Corus Group, a part of the FTSE 100 Index.

Tata of India purchased it in 2007, and in September 2010, it changed its name to Tata Steel Europe.

At the time of its founding, Corus ran downstream steel production of both long and flat steel and steelmaking facilities in Rotherham, England (electric arc furnace), Port Talbot, Wales, Scunthorpe, and Teesside, England, as well as IJmuiden, the Netherlands.