Tag: Voltas

  • Panasonic Pulls Out of Washing Machine and Fridge Segments in India

    On June 26, the stocks of electronics manufacturers Voltas and Whirlpool saw notable increases.

    This occurred in response to a report that asserted Panasonic’s withdrawal from loss-making categories in India, including refrigerators and laundry machines.

    According to a media outlet, which cited persons familiar with the situation, Japanese electronics giant Panasonic Holdings is cutting back on its consumer electronics operations in India and is leaving the refrigerator and washing machine markets where it was unable to gain a sizable market share.

    Company Declared the Move in an Official Statement

    The media outlet has been informed by a Panasonic spokesperson that the company is indeed exiting the two segments in India. The company is closing its production line for these products at its facilities in Jhajjar, Haryana, according to the report.

    At the moment, the company works as a contract manufacturer for other companies. Panasonic in India is rebuilding operations to concentrate on future-ready growth segments like home automation, heating, ventilation, and air conditioning (AC), business-to-business (B2B) solutions, electricals, and energy solutions, in accordance with our global strategy and changing market dynamics, a spokesperson said in an official statement.

    In addition to continuing to offer complete customer support, including parts and warranty coverage, Panasonic will assist dealers with inventory disposal.

    Panasonic in Restructuring Mode

    According to various media reports, Panasonic’s reorganisation exercise will involve significant layoffs, with the number likely to be in the high double digits. Following this, the business will keep operating in India in the television, air conditioner, and other categories.

    When questioned about the potential layoffs, a representative of the company stated that the company is fully committed to supporting and aiding the impacted employees and that it is a difficult but necessary step.

    By increasing their market share, the other competitors in the categories will probably gain from the departure of a significant player from the market. Voltas shares increased more than 2% to trade at INR 1,341 apiece, while Whirlpool shares surged more than 5% to reach their day’s high of INR 1,455 apiece.

    Additionally, the business stated that it will help dealers get rid of the leftover refrigerator and washing machine inventory. Existing customers will continue to get warranty coverage, spare parts, and after-sales service.

    Panasonic’s action is in line with a broader worldwide trend in which established electronics companies are simplifying their consumer portfolios in order to give priority to high-growth sectors.

    The business is currently establishing itself as a major force in commercial HVAC (heating, ventilation, and air conditioning) systems, sustainable energy technologies, and smart home ecosystems in India.

  • List of All the Tata-Owned Companies

    If you live in India then it is impossible to not have an idea of what Tata does and what it is. The commodities of Tata Group can be found anywhere and everywhere all over the country. From vehicles to salt, it has become a household name all over India; in fact, not only in India, it has become a well-known brand in the whole world. This multinational company is ruling the hearts of people for over 150 years and with the way it is expanding and performing, it is not going to stop anytime soon.

    Tata is not offering you a single component, this multinational company is offering you multiple things, and they have something to provide to the people in every industry. Tata Group first started its journey in the year 1868, Jamsetji Tata was the founder, and it is one of the oldest and largest industrial groups in India.

    All the companies that Tata Group owns are independently operated, they have different boards of directors and shareholders and the company works under their management. Wondering, how many companies does Tata own?

    Read this article to learn about all the companies owned by Tata, the multinational giant. So let’s get started.

    “I have been constantly telling people to encourage people, to question the unquestioned and not to be ashamed to bring up new ideas, new processes to get things done.” – Ratan Tata

    Tata Owned Companies

    S.No Tata Owned Company Headquarters FY24 Revenue
    1 Tata Chemicals Limited Mumbai INR 3,475 crore
    2 Tata Steel Limited Mumbai INR 2,29,171 crore
    3 Tata Coffee Limited Bengaluru INR 15,206 crore
    4 Trent Mumbai INR 12,400 crore
    5 Tata Communications Mumbai INR 20,969 crore
    6 Tata Play Mumbai INR 4,327.07 crore
    7 Tata Teleservices Mumbai INR 1,192 crore
    8 Tata Consultancy Services Mumbai INR 2,40,893 crore
    9 Tata Digital Mumbai INR 420.51 crore
    10 Tata Technologies Pune INR 5,117.2 crore
    11 Tata AutoComp System Bengaluru INR 14,372 crore
    12 Voltas Limited Mumbai INR 12,481.21 crore
    13 Titan Company Limited Bengaluru INR 42,965 crore
    14 Tata Advanced Systems Hyderabad INR 4,844 crore
    15 Tata Asset Management Mumbai INR 1,200 crore
    16 Tata AIG Mumbai INR 13,309 crore
    17 Tata AIA Life Mumbai INR 25,691 crore
    18 Tata Capital Mumbai INR 5,500 crore
    19 Tata Housing Mumbai INR 370 crore
    20 Tata Reality & Infrastructure Mumbai INR 2,500 crore
    21 Tata Consulting Engineers Mumbai INR 1,406 crore
    22 Tata Power Company Limited Mumbai INR 6144 crore
    23 Air India New Delhi INR 51,365 crore
    24 Tata SIA Airlines (Vistara) Gurugram INR 15,191 crore
    25 Indian Hotels Company Limited (IHCL) Mumbai INR 10,000 crore
    26 Jaguar Land Rover Coventry, United Kingdom INR 31,803.78 crores
    27 Tata Motors Limited Mumbai INR 4.38 lakh crore
    28 Tata Elxsi Limited Bengaluru INR 3,552.14 crore
    29 Tata Investment Corporation Limited Mumbai INR 383.1 crore
    30 Infiniti Retail (Croma) Mumbai INR 18,009.4 crore

    Tata Chemicals Limited

    Tata Owned Company Tata Chemicals Limited
    Founded 1939
    Current CEO Ramakrishnan Mukundan
    Website Tatachemicals.com
    Tata Owned Companies - Tata Chemicals Limited
    Tata Owned Companies – Tata Chemicals Limited

    Tata Chemicals is a well-renowned player in the chemical industry. It was founded in 1939 and is headquartered in Mumbai, Maharashtra. Its operations are spread across India, North America, and Africa. It has the third-largest soda ash production plant capacity in India. 

    Tata Steel Limited

    Tata Owned Company Tata Steel Limited
    Founded 1907
    Current CEO Thachat Viswanath Narendran
    Website Tatasteel.com
    Tata Owned Companies - Tata Steel Limited
    Tata Owned Companies – Tata Steel Limited

    Tata Steel is among the top global steel companies with an annual crude steel capacity of 34 million tonnes annually. It is one of the world’s most geographically diversified steel producers, with operations and commercial presence across the globe. It is based in Jamshedpur, Jharkhand, and headquartered in Mumbai, Maharashtra. 

    Tata Coffee Limited

    Tata Owned Company Tata Coffee Limited
    Founded 1922
    Current CEO Chacko Purackal Thomas
    Website Tatacoffee.com
    Tata Owned Companies - Tata Coffee Limited, visit Tata WIkipedia to know complete Tata Products list.
    Tata Owned Companies – Tata Coffee Limited

    Tata Coffee traces its origins back to 1922 when it was formed through the merger of two plantation companies. It became part of the Tata Group companies and was officially renamed Tata Coffee Limited in 2000. The integration of Tata Coffee into Tata Consumer Products signifies a transformative change in its business strategy, designed to harness the synergies within the Tata Group and boost growth in the increasingly competitive beverage sector. Tata Starbucks was founded in 2012 and is a joint venture between Tata Consumer Products and Starbucks Corporation.


    Starbucks Case Study | Startup Story | Business Strategy
    Starbucks is the global leader in Coffee Industry. Read Starbucks case study, the world’s most popular and largest coffeehouse chain, and know its history & growth.


    Trent

    Tata Owned Company Trent
    Founded 1998
    Current CEO P Venkatesalu
    Website Trentlimited.com
    Tata Owned Companies - Trent Limited
    Tata Owned Companies – Trent Limited

    Tata Trent, one of the Tata companies is the retail subsidiary of Tata Group, founded in 1998. Trent operates various retail formats, including Westside, Zudio, Star Bazaar, and Landmark. These formats cater to different segments of the Indian market. It is headquartered in Mumbai. 

    Tata Communications

    Tata Owned Company Tata Communications
    Founded 1936
    Current CEO Amur Lakshminarayanan
    Website Tatacommunications.com
    Tata Owned Companies - Tata Communications
    Tata Owned Companies – Tata Communications

    Tata Communications Limited, one of the Tata companies, originally known as Videsh Sanchar Nigam Limited (VSNL), is a prominent Indian telecommunications company. Before being acquired by the Tata Group in 2002, it operated as a government-owned entity, overseen by the Department of Telecommunications, Ministry of Communications, and the Government of India. The privatization occurred under the leadership of the Third Vajpayee Ministry, marking a significant shift from public to private ownership. It is headquartered in Mumbai. 

    Tata Play

    Tata Owned Company Tata Play
    Founded 2006
    Current CEO Harit Nagpal
    Website Tataplay.com
    Tata Owned Companies - Tata Play
    Tata Owned Companies – Tata Play

    Tata Play, one of the Tata Companies is an Indian subscription-based satellite television (DTH) service provider, that utilizes MPEG-4 digital compression technology and broadcasts via the INSAT-4A, GSAT-10, and GSAT-24 satellites. Established in 2005, Tata Play currently offers over 630 channels, including 543 SD channels and 91 HD channels, along with a variety of value-added services. It is the largest DTH provider in India. As of March 2023, Tata Play serves 21.3 million subscribers, accounting for 32.65% of the total DTH user base in the country, according to TRAI data. It is headquartered in Mumbai. 

    Tata Teleservices

    Tata Owned Company Tata Teleservices
    Founded 1996
    Current CEO Harjit Singh
    Website Tatatelebusiness.com
    Tata Owned Companies - Tata Teleservices
    Tata Owned Companies – Tata Teleservices

    Tata Teleservices, a Tata enterprise, is a leading provider of telecommunications services in India headquartered in Mumbai, offering fixed-line telephony, broadband, and enterprise solutions for both retail and business customers. The company focuses on voice, data, and managed services, with a particular emphasis on supporting the digital transformation of small and medium enterprises (SMEs) through services like cloud applications, Internet of Things (IoT) solutions, and cybersecurity.

    Tata Consultancy Services

    Tata Owned Company Tata Consultancy Services
    Founded 1968
    Current CEO K Krithivasan
    Website Tcs.com
    Tata Owned Companies - TCS
    Tata Owned Companies – TCS

    Tata Consultancy Services (TCS) is a prominent Indian multinational technology firm specializing in information technology services and consulting. Headquartered in Mumbai, TCS is a key player in the Tata Group companies and operates in 150 locations across 46 countries worldwide. It ranks as the second-largest Indian company in terms of market capitalization.

    Tata Digital

    Tata Owned Company Tata Digital
    Founded 2019
    Current CEO Naveen Tahilyani
    Website Tatadigital.in
    Tata Owned Companies - Tata Digital
    Tata Owned Companies – Tata Digital

    Tata Digital, one of the Tata Group companies, is an innovative company that creates consumer-driven and highly engaging digital products. Tata Neu is the Tata Group’s first launch, a super-app that provides omnichannel rewards across various consumer segments including groceries, fashion, electronics, travel, health, fitness, entertainment, and financial services, all in a single platform. Tata Digital Private Limited, a wholly-owned subsidiary of Tata Sons Private Limited, was founded in March 2019.

    Tata Technologies

    Tata Owned Company Tata Technologies
    Founded 1989
    Current CEO Warren Harris
    Website Tatatechnologies.com
    Tata Owned Companies - Tata Technologies
    Tata Owned Companies – Tata Technologies

    Tata Technologies Limited is one of the companies owned by Tata which is an Indian multinational technology company, that focuses on product engineering and provides services to original equipment manufacturers (OEMs) in the automotive, aerospace, and industrial machinery sectors. It operates as a subsidiary of Tata Motors.

    Headquartered in Pune, Tata Technologies also has regional headquarters in Detroit, Michigan, USA. 


    Ratan Tata’s Legacy: Tata Group Titans Dominating 2024
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    Tata AutoComp System

    Tata Owned Company Tata AutoComp Systems
    Founded 1995
    Current CEO Arvind Goel
    Website Tataautocomp.com
    Tata Owned Companies - Tata AutoComp Systems
    Tata Owned Companies – Tata AutoComp Systems

    Tata AutoComp Systems is a prominent Tier-I supplier in the global automotive industry. Headquartered in Bengaluru, they manufacture components used in the production of automobiles, trucks, and buses, with a strong focus on ensuring the highest quality in everything they produce.

    Voltas Limited

    Tata Owned Company Voltas Limited
    Founded 1954
    Current CEO Pradeep Bakshi
    Website Voltas.com
    Tata Owned Companies - Voltas
    Tata Owned Companies – Voltas, a Tata Product

    Voltas Limited, an Indian multinational home appliances company based in Mumbai, specializes in designing, developing, manufacturing, and selling a wide range of products, including air conditioners, air coolers, refrigerators, washing machines, dishwashers, microwaves, air purifiers, and water dispensers. The company was established on 6 September 1954 in Mumbai through a collaboration between Tata Sons and Volkart Brothers.

    Titan Company Limited

    Tata Owned Company Titan Company Limited
    Founded 1984
    Current CEO C K Venkataraman
    Website Titancompany.in
    Tata Owned Companies - Titan, Tanishq, Titan Eyewear
    Tata Owned Companies – Titan Company Limited

    Titan Company Limited, part of the Tata Group, is a leading Indian brand known for crafting stylish fashion accessories like jewelry, watches, and eyewear originally launched as a joint venture with TIDCO, Titan’s corporate headquarters are located in the vibrant Electronic City, Bangalore, while its registered office is based in Hosur, Tamil Nadu. In 1994, Titan expanded by entering the jewelry market with Tanishq, followed by entering the eyewear industry with the launch of Titan Eyeplus. In 2005, the company introduced Fastrack, a youth-focused fashion accessories brand.

    Tata Advanced Systems

    Tata Owned Company Tata Advanced Systems
    Founded 2007
    Current CEO Sukaran Singh
    Website Tataadvancedsystems.com
    Tata Owned Companies - Tata Advanced Systems
    Tata Owned Companies – Tata Advanced Systems

    Tata Advanced Systems Limited (TASL) is an Indian company specializing in aerospace manufacturing, military engineering, and defense technology. It is part of the Tata Group and is dedicated to providing innovative solutions and advanced systems for the defense and aerospace sectors. TASL engages in various projects, including the development of unmanned aerial vehicles (UAVs), helicopters, and other cutting-edge technologies to enhance national security and support the Indian Armed Forces.

    Tata Asset Management

    Tata Owned Company Tata Asset Management
    Founded 1994
    Current CEO Prathit Bhobe
    Website Tata.com/business/tata-asset-management
    Tata Owned Companies - Tata Asset Management
    Tata Owned Companies – Tata Asset Management

    Tata Asset Management Private Limited (TAM) is one of the first asset management companies established in India, with a remarkable history of almost thirty years in the investment management sector.

    Tata AIG

    Tata Owned Company Tata AIG
    Founded 2001
    Current CEO Neelesh Garg
    Website Tataaig.com
    Tata Owned Companies - Tata AIG
    Tata Owned Companies – Tata AIG

    Tata AIG General Insurance Company Limited is an Indian general insurance provider and a company owned by Tata. It was established as a joint venture between the Tata Group and American International Group (AIG), where Tata Group holds a 51% stake and AIG controls the remaining 49%.

    Launched on 22 January 2001, Tata AIG General Insurance caters to both individual and corporate clients. The company offers a comprehensive range of general insurance products, including coverage for automobiles, homes, personal accidents, travel, energy, marine, property, and casualty, along with specialized financial lines.


    15 Interesting Facts About the Tata Group You Might Not Know
    Tata Group is an Indian multinational conglomerate founded by Jamsetji Tata. Take a look at some of the most interesting facts about Tata Group.


    Tata AIA Life

    Tata Owned Company Tata AIA Life
    Founded 2001
    Current CEO Venkatachalam H Iyer
    Website Tataaia.com
    Tata Owned Companies – Tata AIA Life

    Tata AIA Life Insurance Company Limited is a dynamic Indian joint venture between Tata Sons and AIA Group, blending Tata’s strong leadership in India with AIA’s status as the largest independent listed pan-Asian life insurance group, operating across 18 markets in the Asia-Pacific region. Tata Group owns a 51% stake in this venture, while AIA Group holds the remaining 49%.

    Tata Capital

    Tata Owned Company Tata Capital
    Founded 2007
    Current CEO Rajiv Sabharwal
    Website Tatacapital.com
    Tata Owned Companies - Tata Capital
    Tata Owned Companies – Tata Capital

    Tata Capital Limited is one of the companies owned by Tata and is a prominent financial and investment service provider in India, which is headquartered in Mumbai. With over 700 branches nationwide, the company offers a wide range of services, including consumer loans, wealth management, commercial finance, and infrastructure financing, among others.

    Tata Housing

    Tata Owned Company Tata Housing Development Company Limited
    Founded 1984
    Current CEO Sanjay Dutt
    Website Tatahousing.com
    Tata Owned Companies - Tata Housing
    Tata Owned Companies – Tata Housing

    Tata Housing Development Company Limited is a company owned by Tata, and a top real estate developer in India, recognized for its focus on quality and innovation. As a part of the Tata Group, Tata Housing specializes in building residential properties that range from affordable homes to luxury residences. With projects in various cities across the country, the company prioritizes sustainable practices and community development, striving to improve the living experience for all its residents.


    Ratan Tata: Life, Legacy & Philanthropy of a Business Icon | Awards | Education | Quotes |
    Explore the impactful life and contributions of Ratan Tata, the iconic Indian industrialist and philanthropist who shaped modern India and inspired millions. The passing of Ratan Naval Tata on October 9, 2024, at the age of 86, has left India in deep mourning.


    Tata Reality & Infrastructure

    Tata Owned Company Tata Reality & Infrastructure
    Founded 2007
    Current CEO Sanjay Dutt
    Website Tatarealty.in
    Tata Owned Companies - Tata Realty and Infrastructure
    Tata Owned Companies – Tata Realty and Infrastructure

    Founded in 2007, Tata Realty & Infrastructure Ltd (TRIL), a company owned by Tata, initially focused on commercial real estate. As a fully-owned subsidiary of Tata Sons, TRIL has evolved into the complete real estate division of the Tata Group, expanding its reach into both commercial and residential markets.

    Tata Consulting Engineers

    Tata Owned Company Tata Consulting Engineers
    Founded 1962
    Current CEO Amit Sharma
    Website Tce.co.in
    Tata Owned Companies - Tata Consulting Engineers
    Tata Owned Companies – Tata Consulting Engineers

    Tata Consulting Engineers Limited (TCE) is the largest engineering and project consultancy and is one of the companies owned by Tata in the Indian private sector which is rapidly becoming a global leader in integrated engineering solutions.

    Tata Power Company Limited

    Tata Owned Company Tata Power Company Limited
    Founded 1911
    Current CEO Praveer Sinha
    Website Tatapower.com
    Tata Owned Companies - Tata Power Company Limited
    Tata Owned Companies – Tata Power Company Limited

    Tata Power Company Limited is a leading Indian electric utility and electricity generation company based in Mumbai and a company owned by Tata. It boasts an impressive installed capacity of 14,707 MW, with 5,847 MW derived from non-conventional (green energy) sources and the rest from thermal power. This makes Tata Power India’s largest integrated power company.

    Air India

    Tata Owned Company Air India
    Founded 1932
    Current CEO Campbell Wilson
    Website Airindia.com
    Tata Owned Companies - Air India
    Tata Owned Companies – Air India

    J. R. D. Tata established the airline in 1932 as Tata Airlines. J. R. D. Tata piloted its first flight, a single-engine de Havilland Puss Moth, carrying air mail from Karachi to Juhu Aerodrome in Bombay and Madras (now Chennai).


    Air India | Tata-Owned Aviation Business | Company Profile
    Air-India was formed in 1932 as Tata Airlines headquartered in Mumbai. Read the Air India case study, business model, marketing, and acquisition.


    Tata SIA Airlines (Vistara)

    Tata Owned Company Tata SIA Airlines (Vistara)
    Founded 2013
    Current CEO Vinod Kannan
    Website Airvistara.com
    Tata Owned Companies - Tata SIA Airlines (Vistara)
    Tata Owned Companies – Tata SIA Airlines (Vistara)

    Tata SIA Airlines Limited, known as Vistara, is a full-service airline in India based in Gurgaon (Gurugram), with its main hub at Indira Gandhi International Airport. A joint venture between Tata Sons and Singapore Airlines, Vistara started flying on 9 January 2015, launching its first flight between Delhi and Mumbai.

    Indian Hotels Company Limited (IHCL)

    Tata Owned Company Indian Hotels Company Limited
    Founded 1902
    Current CEO Puneet Chhatwal
    Website Ihcltata.com
    Tata Owned Companies - Indian Hotels Company Limited
    Tata Owned Companies – Indian Hotels Company Limited

    Indian Hotels Company Limited (IHCL) is a leading hospitality company in India, managing a diverse portfolio of hotels, resorts, and palaces both domestically and internationally. The company owned by Tata, was established in 1902 by J.R.D. Tata, IHCL is part of the Tata Group and is best known for its flagship brand, Taj Hotels. 

    Jaguar Land Rover

    Tata Owned Company Jaguar Land Rover
    Founded 1922
    Current CEO Adrian Mardell
    Website Jaguarlandrover.com
    Tata Owned Companies - Jaguar Land Rover
    Tata Owned Companies – Jaguar Land Rover

    Jaguar Land Rover Automotive PLC is the parent company of Jaguar Land Rover Limited, often known as JLR. This British multinational car manufacturer focuses on luxury cars and SUVs.

    Since 2008, Jaguar Land Rover has been a wholly-owned subsidiary of Tata Motors, with Tata Sons as the primary shareholder.

    Tata Motors Limited

    Tata Owned Company Tata Motors Limited
    Founded 1945
    Current CEO Mr. Marc Llistosella
    Website Tatamotors.com
    Tata Owned Companies - Tata Motors
    Tata Owned Companies – Tata Motors

    Tata Motors was established in 1945 as a locomotive manufacturer and is one of the companies under Tata. The Tata Group ventured into the commercial vehicle sector in 1954 by forming a joint venture with Germany’s Mercedes-Benz, leading to the development of a manufacturing facility in Jamshedpur for Daimler lorries.


    Tata Case Study | Success Story Of The Tata Group
    Case study of Tata Group, an Indian global aggregate holding organization headquartered in Mumbai, established in 1868 by Jamsetji Tata. Read More!


    Tata Elxsi Limited

    Tata Owned Company Tata Elxsi Limited
    Founded 1989
    Current CEO Manoj Raghavan
    Website Tataelxsi.com
    Tata Owned Companies - Tata Elxsi
    Tata Owned Companies – Tata Elxsi

    Tata Elxsi Limited is a design and technology services company that is part of the Tata Group, one of India’s largest and oldest conglomerates. Founded in 1989, Tata Elxsi provides a range of services, including – Product Engineering, Design Services, Embedded Systems, Digital Services, Media and Broadcast. 

    Tata Investment Corporation Limited

    Tata Owned Company Tata Investment Corporation Limited
    Founded 1937
    Current CEO Amit N Dalal
    Website Tatainvestment.com
    Tata Owned Companies - Tata Investment Corporation Limited
    Tata Owned Companies – Tata Investment Corporation Limited

    Tata Investment Corporation Limited is a compound investment entity, which is one of the companies under Tata, that invests in equity shares of both listed and unlisted companies, as well as in debt instruments and mutual funds across various industries. The company acquires a diverse portfolio of quoted and unquoted shares, generating revenue through dividends, interest, and profits from long-term investments. Additionally, it invests in equity units of mutual funds, bonds, and venture capital.

    Infiniti Retail (Croma)

    Tata Owned Company Infiniti Retail (Croma)
    Founded 2006
    Current CEO Avijit Mitra
    Website tata.com/business/infiniti, croma.com
    Tata Brand List – Infiniti Retail (Croma)

    Croma Retail is a prominent online retail platform in India and is one of the companies owned by Tata. Launched in 2006, Croma was the first large-format specialty store in the country, providing a wide array of multi-brand digital devices and home electronics. Since its inception, Croma has become a go-to destination for customers seeking high-quality electronic products.

    Conclusion

    While living in India, the products and services from the Tata Group of company somehow or the other are a daily part of our lives. With the passing of Ratan Tata, the Tata Group lost one of its most visionary leaders, whose influence shaped the conglomerate into a global powerhouse. Under his leadership, Tata Companies expanded into international markets. His legacy will continue to inspire the group as it navigates the future, staying true to the values he upheld throughout his tenure. The Tata Group has been serving the world especially the people of India for more than 150 years and has pledged to do the same in the future as well.

    FAQS

    Who is the CEO of Tata Group?

    Natarajan Chandrasekaran is the current CEO of Tata Group.

    When did Tata Group start?

    The Tata Group was founded in 1868 by Jamsetji Tata.

    What is Ratan Tata company list?

    Ratan Tata Group company list is as follows:

    • Tata Play
    • Tata Teleservices
    • Tata Digital
    • Tata Technologies
    • Tata Asset Management
    • Tata AIG
    • Tata AIA Life
    • Tata Capital
    • Tata Housing
    • Tata Realty & Infrastructure
    • Tata Consulting Engineers
    • Air India
    • Tata SIA Airlines (Vistara)
    • Tata Consultancy Services
    • Tata Steel Limited
    • Jaguar Land Rover
    • Infiniti Retail (Croma)
    • Tata Motors Limited
    • Titan Company Limited
    • Tata Chemicals Limited
    • Tata Power Company Limited,
    • Indian Hotels Company Limited
    • Tata Communication Limited
    • Voltas Limited
    • Trent Limited
    • Tata Investment Corporation
    • Tata Advanced Systems
    • Tata Elxsi Limited
    • Tata Coffee Limited
    • Tata AutoComp System

    What does Tata own?

    Tata Group owns 30 companies.

    What are the names of Ratan Tata owned companies?

    The companies owned by Ratan Tata are 30 companies in total which include Tata AutoComp System, Tata Coffee Limited, Tata Elxsi Limited, Tata Advanced Systems, Voltas Limited, Tata Communication Limited, Jaguar Land Rover, Air India, Tata AIG, Tata Chemicals Limited, others.

    When was Ratan Tata organizations founded?

    One of the organizations of Ratan Tata which is Ratan Tata Housing Development Company was founded in 1984.

    What is the net worth of Tata Group?

    There are 26 publicly listed Tata enterprises with a combined market capitalisation of more than $365 billion as on March 31, 2024.

    When did Ratan Tata die?

    Ratan Tata died on 9th October, 2024.

    Who is the new chairman of Tata Trusts?

    Noel Tata has been appointed as the new chairman of Tata Trusts, after the death of Ratan Tata.

  • Top 9 Consumer Durable Companies In India 2022

    Durables also referred to as durable products or consumer durables, are items that do not have to be replaced frequently and generally endure for three years or more. Consumer durable goods stay long enough to purchase on a regular basis. Furnishings, automobiles, books, metal, and other consumer durable products are examples. In India, there are a number of consumer durables companies that make and supply such items. In the coming year, the sector’s market will be worth around $3 trillion. So, here’s a look at the top durable companies in India.

    1. Bajaj Electricals
    2. Prestige
    3. Philips India
    4. Blue Star
    5. Whirlpool
    6. Voltas
    7. Hitachi
    8. Orient Electric
    9. Godrej and Boyce

    Types of Consumer Durables

    White Goods: Air conditioners, dishwashers, clothes dryers, drying cabinets, freezers, refrigerators, kitchen stoves, water heaters, washing machines, microwave ovens, and induction cookers are examples of white goods.

    Brown Goods: Microwave ovens, grinders, chimneys, electric fans, iron, mixers, and other similar cooking gadgets are examples of these types of commodities.

    Consumer Electronics: VCD players, DVD players, MP3 players, mobile phones, telephones, and other similar items fall within consumer electronics products.

    In India, a number of consumer durables companies make and distribute such items. In the year 2020, the industry’s market was worth around $3 trillion. Apart from that, India is a fast developing country in the sector of technology.

    Top 9 Consumer Durable Companies in India

    1. Bajaj Electricals

    Bajaj Electricals Logo
    Bajaj Electricals Logo

    Counted among one of the top consumer durable companies in India, Bajaj Electrical is a well-known brand. The Bajaj Group, situated in Mumbai, Maharashtra, was founded in 1926 and is the parent business of Bajaj Electricals. Kitchenware, ceiling fans, table fans, pedestal fans, exhaust fans, light bulbs, lanterns, and battery torches are just a few of the consumer products produced by Bajaj Electricals.

    Bajaj Electricals’ market capitalization as of August 2, 2021, is 13, 185.69 crores. Their products are all produced with cutting-edge technology. It has over 20 branch offices throughout the country. Bajaj sells its products in more than 5 nations, including the United Arab Emirates and the United Kingdom.

    2. Prestige

    Prestige Logo
    Prestige Logo

    It is an Indian firm that produces Prestige brand kitchen gadgets and cookware. Pressure and induction cookers, mixer grinders, glass top, and electric cookers are some of their best-selling items. The TTK Prestige consumer durables division is part of the TTK Group, a commercial conglomerate that was created in 1928. TTK Prestige is well-known and respected.

    Prestige is one of the top consumer durable companies in India. It has a market capitalization of 12,060 crores as of August 2, 2021. All of their items fall under the category of kitchen appliances, and roughly 60% of regular and repeat clients trust them. For its efforts in the field, the corporation was also awarded the power brand award.

    3. Philips India

    Philips Logo
    Philips Logo

    Philips India Ltd., headquartered in Amsterdam, is a Dutch multinational conglomerate. They are one of the world’s leading consumer durables corporations. Radios, shavers, and lights, among other things, are well-known and frequently purchased. Clinical intelligence, imaging systems such as CT and MRI, diagnostic monitoring, and defibrillators are among their healthcare offerings.

    Philips has taken a number of steps to improve environmental circumstances. Their inventions and new procedures have gained them notoriety, and they are now one of India’s leading consumer durables enterprises.

    4. Blue Star

    Blue Star Logo
    Blue Star Logo

    Blue Star Limited is a well-known refrigerator manufacturer. In India, the firm is also the major manufacturer of air conditioning equipment. It also provides other services such as electrical drilling and plumbing. High-quality air coolers and purifiers have come from their firms’ cutting-edge technologies.

    With a network of 32 offices around the country, the annual income is around INR 5405 Cr. There is approximately 2800 employees total, with 3880 channel officers. They have a steady stream of corporate and commercial clientele.

    The business segment and the after-sales segment are both included in their electromechanical project. Apart from that, their electronic and unitary products are among the best in the industry, making them India’s leading consumer durables company.

    5. Whirlpool

    Whirlpool Logo
    Whirlpool Logo

    Whirlpool corporation only entered India in the late 1980s through a partnership with the TVS group. They began producing and marketing washing machines in the union territory of Pondicherry, and now have facilities in Pune, Pondicherry, and Faridabad.

    With a variety of items such as air conditioners, washing machines, refrigerators, and imaging equipment, their mission is to make happier households in the country. To assure customer pleasure, they have world-class dealers and retailers. With their state-of-the-art technology, they have reached new heights with their brand philosophy of serving clients from all over the world.

    6. Voltas

    Voltas Logo
    Voltas Logo

    Voltas is one of the top durable companies in India that is a division of the well-known Tata group. The company is professional in establishing market leadership through creative solutions. It’s a multibillion-dollar home appliance conglomerate known for its high-quality air conditioners and cooling systems. Their project businesses are divided into two sections. The domestic segment is one, and the foreign segment is the other.

    To secure profitability, they deliver cutting-edge quality items. Air conditioners, air and water purifiers, water dispensers and cleansers, and other goods are among their most popular. A number of prestigious organisations had praised their work, and they had received numerous prizes.

    7. Hitachi

    Hitachi Logo
    Hitachi Logo

    Hitachi is a Japanese multinational corporation that ranks 129th among Fortune 500 firms worldwide. The induction motor was the company’s first product. They produce and distribute a wide range of items, including automotive systems, construction machinery, defence systems, digital media products, and more.

    Many hospitals throughout the world have purchased equipment from their electronic division, including particle treatment and cell therapy technology. Wires and cables are also bought and traded across borders. Hitachi is one of India’s leading consumer durable enterprises, providing social and infrastructural system facilities such as elevators and escalators.

    8. Orient Electric

    Orient Electric Logo
    Orient Electric Logo

    In 2011, the company entered the consumer durables industry and has performed admirably since then. The company is well-known for its cutting-edge, market-leading products. Emergency LED lamps, inverter fans, and UV sanitary machines are just a few of them. It has won the prize for best corporate super-brand. Their main goal and ambition is to make items more accessible to people all over the world by ensuring profitable products.

    9. Godrej and Boyce

    Godrej Logo
    Godrej Logo

    With over 616 million active consumers in the country, Godrej has succeeded in performance since its inception. It has also aided in the expansion of India’s economy and the development of its stakeholders. It is the first Indian firm to receive a nomination for the global cooling price.

    According to projections issued in 2019-2020, their entire revenue is over INR 11,500 Cr. Lighting and security solutions are among their most trusted categories. With its foreign subsidiaries and affairs, the company has established global footprints on about five continents.

    The company’s current ROE value is 20.5 percent, and thousands of people are actively contributing to its growth. Many people have put their faith in the country’s satellite launches and other aviation endeavours which makes it one of the best consumer durables companies in India.


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    Conclusion

    The demand for a wide range of consumer durable products is steadily increasing in India, thanks to rising disposable income and technological advancements. As the price gap between the identical consumer goods produced by different companies narrows, this results in fierce competition among different consumer durable brands. These items are becoming less expensive by the day.

    From US$ 6.3 billion in the 2010-11 fiscal year to US$ 12.5 billion in the 2015-16 fiscal year, the consumer durables market is predicted to grow at a 14.8 percent CAGR to US$ 12.5 billion in the 2015-16 fiscal year. According to the most recent data, it is predicted to grow by 9% by 2022, reaching US$ 48.37 billion.

    FAQs

    What is a consumer durable company?

    Consumer durable companies are companies that manufacture consumer durable goods that are bought in the long run. Goods like refrigerators, dishwashers, washing machines, fans, etc.

    What are the top consumer durable companies in India?

    Some of the best Consumer Durable companies in India are:

    • Bajaj Electricals Ltd.
    • Prestige
    • Philips India Ltd.
    • Blue Star Ltd.
    • Whirlpool Corporation Ltd.
    • Voltas Ltd.
    • Hitachi Global
    • Orient Electrical
    • Godrej

    What is an example of a consumer durable good?

    Refrigerators, automobiles, furniture, household appliances, washing machines, and mobile homes are some examples of consumer durable goods.