Tata Group

The Tata Group (/ˈtɑːtɑː/) is an Indian multinational conglomerate headquartered in Mumbai.[4][5] Established in 1868, it is India's largest conglomerate, with products and services in over 150 countries, and operations in 100 countries across six continents. Acknowledged as the founder of the Tata Group, Jamsetji Tata is sometimes referred to as the "father of Indian industry".[6]

The group gained international recognition after acquiring several global companies.[7] Each Tata company operates independently under the guidance and supervision of its own board of directors and shareholders.[8] Philanthropic trusts control over 66% of the Tata holding company Tata Sons, while the Tata family is a very small shareholder.[9]

As of 2022, the group had an estimated annual revenue of US$128 billion. In 2018, it contributed about 4 per cent to the country’s GDP and paid 2.24% of the total taxation in India, the highest by any corporate group.[10]

There are 29 publicly-listed Tata Group companies with a combined market capitalisation of $311 billion (INR 23.4 trillion) as of December 31, 2021.[11][verification needed] Significant Tata Group affiliates include Tata Consultancy Services, Tata Consumer Products, Tata Motors, Tata Power, Tata Steel, Voltas, Titan Company, Tanishq, Tata Chemicals, Tata Communications, Trent, Tata Elxsi, Indian Hotels Company, Air India, TajAir, Tata Cliq, Tata Capital, Cromā, and Tata Starbucks.[12