|Tata Engineering and Locomotive Company Ltd.|
|Services||Automotive design, engineering and outsourcing services|
|US$1.614 billion (2017)|
|US$1.31 billion (2018)|
|US$41.066 billion (2017)|
|US$8.226 billion (2017)|
Number of employees
Tata Motors Limited (formerly TELCO, short for Tata Engineering and Locomotive Company) headquartered in
Tata Motors has auto manufacturing and assembly plants in
Founded in 1945 as a manufacturer of
Tata Motors is listed on the (BSE)
On 17 January 2017,
Tata entered the commercial vehicle sector in 1954 after forming a joint venture with
Tata launched the Indica in 1998, the first fully indigenous Indian passenger car. Although initially criticized by auto analysts, its excellent fuel economy, powerful engine, and an aggressive marketing strategy made it one of the best-selling cars in the history of the Indian automobile industries. A newer version of the car, named Indica V2, was a major improvement over the previous version and quickly became a mass favourite. Tata Motors also successfully exported large numbers of the car to South Africa. The success of the Indica played a key role in the growth of Tata Motors.
In 2004, Tata Motors acquired Daewoo's South Korea-based truck manufacturing unit, Daewoo Commercial Vehicles Company, later renamed Tata Daewoo.
On 27 September 2004, Tata Motors rang the opening bell at the New York Stock Exchange to mark the listing of Tata Motors.
In 2005, Tata Motors acquired a 21% controlling stake in the Spanish bus and coach manufacturer
In 2006, Tata formed a joint venture with the Brazil-based Marcopolo, Tata Marcopolo Bus, to manufacture fully built buses and coaches.
In May 2009, Tata unveiled the Tata World Truck range jointly developed with Tata Daewoo; the range went on sale in South Korea, South Africa, the
Tata acquired full ownership of Hispano Carrocera in 2009.
In 2010, Tata Motors acquired an 80% stake in the Italian design and engineering company Trilix for €1.85 million. The acquisition formed part of the company's plan to enhance its styling and design capabilities.
In 2013, Tata Motors announced it will sell in India, the first vehicle in the world to run on compressed air (engines designed by the French company
In 2014, Tata Motors introduced first Truck Racing championship in India "T1 Prima Truck Racing Championship".
On 26 January 2014, the Managing Director
On 8 March 2017, Tata Motors announced that it has signed a memorandum of understanding with