Tata Motors Company Research Report
Company Overview
Name: Tata Motors Limited
Mission of the Company: To become the most aspirational Indian auto brand by 2024, integrating responsibility as a core value, focusing on creating a positive legacy, sustainability, and connecting aspirations.
Founded: Tata Motors was established in 1945.
Key People:
- Natarajan Chandrasekaran: Non-Executive Director and Chairman
- O.P. Bhatt: Non-Executive, Independent Director
- Girish Wagh: Executive Director
Headquarters: Mumbai, Maharashtra, India
Number of Employees: Over 91,000 globally
Revenue:
- Commercial Vehicles: ₹78,791 Crore
- Passenger Vehicles: ₹52,353 Crore
Global Presence: Products and services are marketed in over 125 countries.
What is the Company Known For: Tata Motors is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks, and buses. It is India’s market leader in commercial vehicles and among the top three in the passenger vehicles market. The company is renowned for its emphasis on sustainability and innovative e-mobility solutions.
Products
Commercial Vehicles
1. Trucks:
- High Load Capacity
- Durability
- Advanced technology integrating smart mobility solutions
2. Buses and Vans:
- Purpose-built models for inter-city, school, and office commutes
- Green drivetrains for low-emission public transport
3. Small Trucks:
- Benchmark set for load-carrying capacity
- Multi-fuel options and all-terrain capability
4. Smart Mobility Solutions:
- Modern buses with feature-rich designs
- Trustworthy public transport solutions with enabling infrastructure
Passenger Vehicles
1. Cars and SUVs:
- Cutting-edge designs and innovative technology
- Robust performance and seamless connectivity
- Diverse fuel options providing optimal safety and driving experience
Electric Vehicles
1. Nexon EV:
- India’s most popular electric SUV
- Advanced Ziptron technology for state-of-the-art connectivity and long range
2. XPRES-T:
- Highly preferred in fleet services
- Designed with eco-friendly features
Luxury Vehicles (Jaguar and Land Rover)
1. Jaguar:
- All-electric vehicles with exciting performance
- Dramatic designs and compelling brand experience
2. Land Rover:
- Luxurious design meeting adventure
- Iconic blend of opulence and rugged performance
Recent Developments
New Product Launches:
- Automated Manual Transmission Truck (Prima 4440.S AMT): Launched in November 2024 in the Kingdom of Saudi Arabia.
- Punch.ev: Introduced as a new addition to Tata Motors’ electric vehicle offerings.
Strategic Partnerships:
- Collaborated with Rajasthan Solar Association to promote solar energy benefits and electric vehicles, as seen in the partnership announcement from October 2024.
Key Innovations:
- Continued development within the Tata UniEVerse initiative to advance e-mobility infrastructure, incorporating innovations such as localized EV powertrains and expanded charging networks.
Business Achievements:
- Celebrated a sales milestone of 15 lakh trucks in the ILMCV range, reflecting expansive commercial vehicle influence.
- In October 2024, Tata Motors recorded total sales figures reaching 82,682 units, emphasizing its strong market presence.
Technological Enhancements:
- Implementation of the 'New Forever' range in electric vehicles to push boundaries in design and performance.
- Development in smart manufacturing and digital connectivity technologies to enhance production efficiency and vehicle intelligence.
In this detailed report of Tata Motors, crucial insights into the company’s operational emphasis on sustainability, global influence in vehicle manufacturing, and contemporary strides in electric and autonomous transport solutions emerge as highlights of their future-ready endeavors.
