Tata Group
| Use attributes for filter ! | |
| Owners | Tata Sons |
|---|---|
| Founders | Jamsetji Tata |
| Founded | Mumbai |
| India | |
| Revenue | 110. 7 billion USD (2017–2018) |
| Headquarters | Mumbai |
| India | |
| Subsidiaries | Tata Motors |
| Tata Consultancy Services | |
| Address | İçerenköy Mahallesi, Değirmen Yolu Cd. , 34752 Ataşehir/İstanbul |
| Phone | (0216) 575 26 36 |
| Date of Reg. | |
| Date of Upd. | |
| ID | 880503 |
About Tata Group
Tata Group is an Indian multinational conglomerate holding company headquartered in Mumbai, Maharashtra, India. Founded in 1868 by Jamsetji Tata, the company gained international recognition after purchasing several global companies. One of India's largest conglomerates, Tata Group is owned by Tata Sons.
Where is the Tata Group
Maharashtra: The Indians taking on giant Saudi-backed refinery
... From Enron in the 1990s to an attempt by the French to construct a now stalled nuclear power plant here in the early 2000s to various major industrial proposals by Indian conglomerates like the Reliance Group and the Tata Group, over the years, local resistance groups have made several behemoths retreat from the Konkan...
Car parts giant mulls US move over green subsidies
... Decisions will be made in the coming weeks, and have attracted interest from the owners of Jaguar Land Rover, India s Tata Group, which is currently deciding whether to build a " gigafactory" in the UK...
Reliance Industries: Daughter rises in Mukesh Ambani's succession plan
... From the Tata Group - which owns Jaguar and Land Rover - to the Singhania family that s behind the textiles major, Raymond Group, India Inc has seen a series of rancorous succession battles...
Port Talbot: Tata steelworks could close without subsidy deal
... Tata Group wants to reach a deal for the UK government to provide £1...
Port Talbot: Tata steelworks could close without subsidy deal
The owner of Port Talbot steelworks warned sites could be shut without subsidies for reducing carbon emissions, reports claim.
Tata Group wants to reach a deal for the UK government to provide £1. 5bn towards this,
The UK's biggest steelworks, in Port Talbot , employs 4,000 people.
The UK government said steel " plays a critical role" in the UK economy and Tata was " a valued steel producer and significant employer".
Speaking to the FT, Tata Group chairman Natarajan Chandrasekaran said: " A transition to a greener steel plant is the intention that we have. . But this is only possible with financial help from the government.
" We have been in discussions over The Last two years and we should come to an agreement within 12 Months . Without this, we will have to look at closures of sites. "
The Report says Tata wants to close two blast furnaces at Port Talbot and build two electric arc furnaces, that will be less carbon intensive.
However, the FT adds this process will cost about £3bn, with Tata seeking £1. 5bn from the UK government.
Responding to The News , Aberavon MP Stephen Kinnock said the steelworks in Port Talbot made the " best steel money can buy".
He added: " Yet Again they're being let down by a zombie Conservative government which seem to think we should just stop making steel in Britain and start importing it all from China instead.
" There is not a single steel industry in The World that is able to decarbonise without substantial government support, so why on earth have Rishi Sunak , Liz Truss and the rest of The Cabinet been dragging their feet on this for so long? ".
In total, Tata employs 8,000 people across the UK, with half of these in Port Talbot , and thousands more indirectly through the supply chain.
Like all industrial groups that emit carbon dioxide, it has been asked to cut these, and executives have been in discussion with the UK government.
Charlotte Childs from the GMB union told the FT: " This is deeply worrying news.
" UK steel is a critical part of The Nation 's industrial infrastructure and central to our National Security . . It's essential the government act quickly and show they are serious about this vital industry. "
Source of news: bbc.com
Tata Group Photos
