Tata doesn’t need any introduction as such. This is one brand that is used in our day-to-day life. This is one of the well established conglomerate in India which is led by Tata sons. They are counted among the richest billionaires throughout the world with a total asset of around 360 billion dollars. This is more than a hundred year old brand has its branches throughout the world and deals with products from salt to truck tyres to steel to beverages. Wherever you look, you will find at least one Tata product. This is what Tata group is about.
How Rich is Tata ?
Total Net Worth :- $360 Billion (in 2016 as per Forbes)
CEO : Current CEO is Cyrus Pallonji and Ratan Tata was ex-CEO.
Headquarter : Maharashtra, India
Total Employees : 565,502 (Approx)
Tata Group has established itself throughout the world and has branches in more than 80 countries and it is a good to know information that it is spread across six continents on the earth. The group caters more than a hundred companies under itself with each company operating independently. Of all the companies, 32 companies are listed on the Bombay Stock Exchange.
It is estimated that the group has an employee head count of somewhere around 6 lac across the globe. This figure has increased by 7% as compared to the previous year.
Net Worth & Market Value
According to the last fiscal year, Tata Group has had a total revenue collection of more than 100 billion dollars in spite of facing a 5% dip in the profits. If the sources are to be believed, the international revenue collection of the company for the last fiscal year was around $70 billion that constitutes to 70% of the total group revenue collection.
Tata Group’s total revenue has been reported to grow by a margin of 18% in the last fiscal year from $83 billion to over a $100 billion.
The net forex earnings of the group is estimated to grow by 93% in the last fiscal period as compared to the year ago fiscal period. The earnings thereby increased from Rs 16,000 crore to Rs. 32,000 crore.
The 32 Tata companies listed on the BSE have achieved a market capitalization of Rs 8, 40,000 crore in the current month when it was Rs 6, 80,000 crore in the month of March this year.
Tata Consultancy Services (TCS), a reputed company name of the Tata Group in the information technology sector has shown a rapid growth in the employees head count in a span of 2 years.
Tata Group is estimated to have paid a whopping amount of Rs 36,000 crore to the government as tax in the current financial period. But because of paying such a high amount of tax, there was a fall in the profit by 10%.
The group’s top companies like Tata Steel and Tata Consultancy Services are planning major investments with the motive to implement capital expenditure of more than Rs 65,000 crore in the coming years.
Amongst all the Tata companies, Tata Motors has shown a remarkable growth in recent years primarily because of the launch of Tata Nano, a car for the middle class families. Tata Steel stands second in terms of the profit encompassed and Tata Consultancy Services stands third in the list.
Overall, Tata Group is the pride of our country.