Public and Private-like Features
Tata group was founded by Jamsetji Tata in the year 1868, it is an international firm with headquartered in India. Tata comprises of more than 100 operating companies across six continents and with the mission “‘to improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust’.
Tata group’s principle investment holding company is ‘Tata Sons’ whose 66% of equity share capital is held by ‘Philanthropic trusts which supports education, health, livelihood generation and art & culture.
The together revenue of the all Tata Companies was $100.39 Billion in 2016-17 and collective employ over 695,000 people.
Each of the Tata Company is operated independently under the guidance and supervision of its own Board of Directors and Shareholders.
The company operates in different sectors like Tata Steel, Tata Motors, Tata Consultancy Services, Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Indian Hotels.
Tata Group has its own trusts which contribute in the society and help in making the country (India) better.
Social contribution of the company (public like feature).
v The Tata group mainly focuses towards the health, primary education, skills training and entrepreneurship, livelihoods, women empowerment and strengthening services for the differently-abled.
v From manufacturing luxurious cars, company manufactured one of the cheapest 5 seater car, so that everyone can afford it.
v The company takes a special care of the needs of most disadvantaged in the community like: – gender, ethnicity, disability and occupation are addressed.
Private features can described as…
v Tata motor is the India’s largest automobile company and recently the company earned revenue of around 34.7 billion USD.
v Tata group take over jaguar land rover and many other companies to create monopoly.