A MEGA THREAD on TATA GROUP history
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In 1868, 29-year-old Jamsetji Nusserwanji Tata starts a trading company with a capital of ₹21,000 — the early beginnings of what would one day become the Tata group.
In 1874 in a bold move, Jamsetji establishes a textile mill named Empress mills in Nagpur instead of Bombay — India's textile hub. The Empress Mills experiment would prove to be a stroke of genius.
In 1886,Empress Mills pioneers employee welfare initiatives, long before they are enacted by law. 150 years later, the Tata group remains a 'people-first' enterprise.
In 1903,The Taj Mahal Hotel opens for business on December 16. It is one of Jamsetji's many dreams for India, and the only one that would come to fruition in his lifetime.
in 1904 Sir Dorabji Tata, to bring his father's grand vision for India to life. He becomes Chairman when Jamsetji passes away in Germany in 1904.
In 1907,Sir Dorab first establishes Tata Iron and Steel Company (now Tata Steel) in remote Sakchi, and builds a hospital for the village, years before the first ingot is rolled out.
In 1910,
Jamsetji's dream of bringing clean energy to Mumbai by establishing Western India's first hydro plant, is brought to life by Sir Dorab. Tata Power is born.
In 1917,The group makes its consumer space debut with Tata Oil Mills Co (TOMCO), known for popular soap brands, Hamam and Moti. It is sold to Hindustan Lever in 1984.
In 1919,Sir Ratan Tata passes away this year, and the first of the Tata Trusts, the Sir Ratanji Tata Trust & Allied Trusts, is set up in accordance with his will. It has a corpus of Rs. 8 million.
1920,India sends her first Olympic team to the games in Antwerp,It is said thaty it was largely due to Sir Dorab's efforts. In 1924, he finances the Indian team headed to the Paris games.
In 1932 India's aviation aspirations soar as JRD pilots the first flight of the subcontinent from Karachi to Mumbai. Tata Airlines later, Air India is born.
In 1936,The Tata Institute of Social Sciences is established, pioneering social work education in India. It remains an institution of excellence to this day.
In 1938
Sir Nowroji passes away in France, propelling JRD Tata to the most powerful position in the group. At 34, he is the youngest Chairman in the group's history.
In 1939,Tata Chemicals is incorporated in isolated, coastal Mithapur. A thriving community grows around the plant as the company grows into a market leader.
1941
The Tata Memorial Hospital is commissioned by the Sir Dorabji Tata Trust. It pioneers cancer treatment in the country, and offers access to cancer care for all.
In 1945,the group's rapid business expansion continues with the establishment of Tata Engineering and Locomotive Company. By 2003, it is renamed Tata Motors.
In 1952,Women across the country celebrate as the group launches India's first cosmetics brand, Lakme. It is sold to Hindustan Unilever, along with TOMCO, in 1984.Ironically Lakme derives its name from Sanskrit word Lakshmi the goddess of wealth and renowned for its beauty.
In 1954,Voltas is incorporated and is associated with multiple prestigious projects, making it a leading engineering solutions provider and airconditioning brand.
1962,The group's interest in the beverages space is brewing. The country wakes up to a cup of Tata Finlay (later, the iconic Tata Tea converted to Tata Global Beverages now Tata comsumer).
Tata Exports (now, Tata International) is set up. The company operates in 39 countries.
1968
India's first software services company, Tata Consultancy Services ushers in a new era. Today, it is a truly global enterprise with a presence in 46 countries.
In 1982,The Taj Group accelerates its international expansion with the acquisition of St. James Court in London, UK, two years after the company's first international hotel in Yemen.
In 1983,Tata Chemicals changes the way India consumes salt. Tata Salt is the country's first iodised branded salt — the 'desh ka namak' to build a strong, healthy nation.
iN 1984,The group clocks another win as Titan Industries, a JV with the Tamil Nadu Industrial Development Corporation (TIDCO), makes a splash in a watch-starved market.
In 1991,After its success with commercial vehicles, TELCO (now Tata Motors) cruises into the passenger vehicle space with Tata Sierra, followed by Tata Estate in 1992.
In 1994,Titan revolutionises the Indian jewellery market with the launch of Tanishq. The retail brand brings transparency and reliability to an unorganised sector.
2000
Tata Tea (now Tata Global Beverages) acquires the iconic, then 160-year-old, British Tetley group. Today, it is the second largest tea brand, globally.
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