NAME – YASH VARDHAN

SUBMITTED TO – MRS. EKTA SRIVASTAVA

TITLE

CONTENTS1. History2. Diversification3. Employees welfare4. Corporate social responsibility5. Self growth and development6. Pioneer initiatives7. Conclusion8. References9. Bibliography

HISTORYTata Group is an Indian multinational conglomerateCompany, headquartered in Mumbai, India. Tata Group was founded in 1868 by Jamshedji Tata as a trading company.• Total employees are 5,44,502 in 2013.• Chairman – Cyrus Pallonji Mistry• Tata Group has over 100 operating companies with

each of them operating independently.

STAGES

FOUNDATION STAGE(1868-1931)

Jamsedji Tata (1868-1904)Dorabji Tata (1904–1932)

CONSOLIDATION STAGE(1932-1989)

Nowroji Saklatwala (1932–1938)J. R. D. Tata (1938–1991)

EXPANSION STAGE(1990 ONWARDS)

Ratan Tata (1991–2012)Cyrus Mistry (2012–Present)

DIVERSIFICATION

TATA is one of the biggest group in the world and he diversify its business into:

1. CHEMICALS • Tata chemicals• Rallis India• Tata pigments ltd• Magadi Soda Company, etc.

2. CONSUMER PRODUCTS • Tata salt• Tata I Shakti• Tata swatch• Tata global beverages• Tata sky• Titan• Tata tea• Tetley• Voltas• Tanishq, etc.

3. SERVICES • Taj hotels• Taj air• Air asia• Tata housing development company• Ginger hotels• Tata financial services• Tata AIG general insurance, etc

4. INFORMATION SYSTEMS AND COMM. • Tata consultancy services (TCS)• Virgin mobile India• Tata elxsi• Nelco• Nelito systems, etc

6. ENGINEERING • Tata motors• Tata Daewoo commercial vechiles• Voltas global engineering centres• Tata autocomp systems ltd.• Tata technologies ltd, etc

7. ENERGY • Tata power solar(joint venture with bp)• Jamshedpur utilities and services company• Tata power delhi distribution ltd.• Hooghly met coke and power company,etc

8. STEEL • Tata steel• Tata steel Europe• Tata bluescope steel• Tata sponge iron, etc 9. CORE SCIENCES • Tata institute of fundamental research• Tata institute of social sciences

EMPLOYEES WELFARE

• Tata Steel introduced the 8-hour working day for all the employees in 1912.

• In 1915, Tata Steel introduced free medical facility to the employees and their family, which continues after retirement.

• The “employee association with management” programme initiated in 1956 gave the workers a strong voice in the affairs of the company.

• Monetary incentives to the employees acquiring higher qualification in a related field along with study leave, scholarships etc.

• Subsidised electricity, water and housing facility.

CORPORATE SOCIAL RESPONSIBILITY

• TATA STEEL

1. Self Help Group(SHG’S) Over 500 SHG’S are currently operating under various poverty alleviation programs; out of which over 200 are engaged in activities of income generation thorough micro enterprises. Women empowerment programs through SHG’S extended to 700 villages.

2. Healthcare Projects The healthcare projects of TATA Steel include facilitation Of child education, immunization and childcare, creationOf awareness of AIDS and other healthcare projects.

3. Economic Empowerment A program aiming at economic empowerment through improvised agriculture has been taken upIn three backward tribal areas of Jharkhand, orissa and Chhattisgarh. An expenditure of Rs 100 crore has been estimated for the purpose and this program is expected to benefit 40,000 tribal living in over 400Villages and in these three states.

• TATA MOTORS

1. Employment Generation The Tata Motors Grihini Social Welfare Society assists employees' women dependents; they make a variety of products, ranging from pickles to electrical cable harnesses etc ; thereby making them financially secure.

2. Natural Environment On the World Environment Day, Tata Motors has launched a tree plantation drive across India and

countries in the SAARC region, Middle East Russia and Africa. As many as 25,000 trees were planted on the day.

• Taj Hotel After 26/11 terroist attack in Mumbai, the main adversely affected target was the Taj hotel. The TATA GROUP bounced back with so many urgent reliefs, some of them are:-

1. Relief and assistance was extended to all those who were injured and killed during the attack.

2. Relief and assistance was extended to all those who died at the railway station surroundings, just behind the Taj, including the “Pav-Bhaji” vendor and the paan shop owners.

3. During the time that the hotel was closed, full salaries were sent by money order to all employees who were at home.

4. Ratan Tata personally visited the families of all the 80 employees who in some manner “either through injury or getting killed“ were affected.

SELF GROWTH AND DEVELOPMENT

PIONEERING INITIATIVES IN INDIA

• Started India’s first chain of luxury hotels in 1902.

• Established first steel industry in 1907(started in 1912).

• India’s first industrial town, “JAMSHEDPUR” was built in 1912.

• Introduced labour welfare benefits long before they were enacted by law.

• Started first Power plant in India in 1910.

• Set up the first cement manufacturing company, India Cement Company, in India in 1912.

• Set up first Indian bank, The Tata Industrial Bank, in the country in 1917. It was later renamed as Central Bank of India.

• Brought insurance to India: The New India Assurance Company was formed in 1919.

• Led Commercial vechile production in 1945.

• Launched India's first passenger car: In December 1998, Tata Motors created history by giving India its first indigenously designed, developed and manufactured car, the Indica.

• Established the first Indian cosmetic company, Lakme, at Jawaharlal Nehru’s request, in 1952.

CONCLUSIONBy the above discussion it is very clear that the TATA GROUP demonstrates the very high value based business development activities which not only help in the development of it’s diversified business activities but also help in the overall development and growth of it’s thousands of workers and their quality of life and ultimately it contributes and create very high standards in the value based development and growth of the economic growth of the nation.