The Group Tata is the more important of the India and was founded in the year 1868 by Jamsetji Tata. However, not is has limited to focus its operations in his country home. Currently is present in all the continents and covers companies as varied as the tea, the aeronautics, them hotels or the sector of the automobile, that is which here us occupies. For this, the Group Tata is present with its brand namesake and the premium Jaguar and Land Rover.
The Group Tata has bet much money in its division automotive. However, where Jaguar and Land Rover not leave of grow, Tata, the brand mother of the group not leaves of giving trouble. Their sales to level world have descended and has lost strength in its market home. In it, is has seen surpassed by its rival Mahindra & Mahindra, that has an approach similar but seems that is hitting more than them.
The group is controlled in two thirds by the family of the founder. Ratan Tata had State to the command of the group until makes little, however, in the year 2012 is decided to give a twist to the political of management and rattan accepted pass to a second flat. Instead were to Cyrus Mistry that had a double work by front: by a side reduce the ratio of indebtedness of the giant Indian and increase the return of the investment.
This work has gone giving their fruit slowly, however seems that is losing effect. In addition, many of the political that had decided implement in the Group Tata collide with the philosophy of command of them main shareholders and therefore today is has made public that Mistry already not is the Manager of the group. Instead, and while is located to a substitute suitable Ratan Tata will take again the reins of the Group Indian.
According to the brand, by now not is van to change them plans of future that is had established for each an of the brands of the division automotive. However, there will be that be attentive to them movements that performs the group to cover the losses that have registered other divisions of the conglomerate.