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Milestones Achieved Under Ratan Tata

Thursday, 27 December 2012, 04:23 Hrs
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Bangalore: A look at major milestones achieved by Tata Sons under Ratan Tata as chairman:



1996: Forayed into telecom sector with the launch of Tata Teleservices



1998: Oversaw Tata Motors producing India's first indegeniously designed passenger car, Tata Indica.



2000: Tata Global Beverages acquired UK-based Tetley group, making it the world's largest tea producer



2001 saw Tata Group entering the insurance sector, by forming joint venture with the U.S.-based American International Group (AIG)



2001: Led Tata Consultancy Services (TCS) acquire CMC (the erstwhile, state-owned Computer Maintenance Corp)



2002: Led Tata Sons acquire the state-run Videsh Sanchar Nigam Ltd (VSNL), now known as Tata Communications



2003: TCS becomes first Indian software company to cross one billion dollars in revenue



2004: Tata Motors acquires the heavy vehicles unit of Daewoo Motors



2004: TCS went public; it raised nearly $1.2 billlion



2005: Tata Steel acquires Singapore-based steel company NatSteel



2005: Tata Communications acquires Tyco Global Network, thereby becoming the world's largest providers of submarine cable bandwidth



2006: Tata Sky satellite television service launched across India



2006: Tata Chemicals acquires controlling stake in UK-based Brunner Mond Group



2006: Launches Croma, the multi-brand retail outlets for consumer electronics



2007: Tata Steel acquires Anglo-Dutch steel-maker, Corus



2007: TCS entered China, with a joint venture with the Chinese government and other partners



2008: Tata Motors unveils Tata Nano, touted as the world's cheapest car



2008: Tata Motors acquires the Jaguar and Land Rover (JLR) brands from the Ford Motors



2008: Tata Chemicals acquires General Chemical Industrial Products



2009: Tata Teleservices launches pan-India mobile service with Japan's NTT DOCOMO



2009: Tata Housing launches low cost housing in Mumbai



2010: Tata Chemicals acquires leading UK-based vacuum salt producer British Salt



2011: Tata Nano launched internationally in Sri Lanka and Nepal



2011: Tata BP Solar became Tata Power Solar Systems



2012: Tata Global Beverages forms joint venture with Starbucks



Also Read: Cyrus Mistry, humble head of corporate leviathan Tata Group


Source: IANS
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