Tata Group's revenue FY 1996-2024
Tata Group, owned by principal holding company Tata Sons reported a revenue of 165 billion U.S. dollars in financial year 2024. This was a stark increase as compared to the previous year.
Tata – most profitable businesses
Tata Consultation Services is the most profitable subsidiary of the Tata Group. Established in 1968, it is now the leading information technology consulting and services company in India based on market capitalization. Tata Consumer Products, primarily owns and distributes tea brands such as Tata Tea, Tetley and Good Earth Teas. Tata Consumer Products also produces coffee and has a joint venture with Starbucks in India. Titan Company, the consumer goods company mainly manufactures fashion accessories such as watches, jewelry, and eyewear. Titan Company manufactures and sells the accessories under the brands like Tanishq, Titan Eyeplus, Sonata, Fastrack and Titan watches.
Diversification and corporate responsibility
Taj Hotels is a chain of luxury hotels and hotel-resorts in India and across the world. Taj Hotels has various hotel brands like Taj, Seleqtions, Vivanta and Ginger under its wings. Tata Motors launched the first indigenous fully Indian passenger car, Indica in 1998 and the world's cheapest car, the Tata Nano in 2008. Tata Motors manufactures trucks, vans, coaches, buses, sports cars, construction equipment and military vehicles.
Tata Steel operates in 26 countries with primary operations in India, Netherlands, and United Kingdom. Tata Chemicals, through Tata Chemicals Society of Rural Development is helping the country in its fight against the coronavirus (COVID-19) pandemic by supplying disinfectants, producing masks, ensuring food availability, and augmenting medical facilities for the local communities.