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TATA MOTORS

ANNUAL REPORT
2019-2020



Company Profile

Company Profile
We are Tata Motors Group

Tata Motors Group is a leading global automobile manufacturer. Part of the illustrious multi-national conglomerate, the Tata group, we offer to the world a wide and diverse portfolio of cars, sports utility vehicles, trucks, buses and defence vehicles.

We have operations in India, the UK, South Korea, South Africa, China, Brazil, Austria and Slovakia through a strong global network of subsidiaries, associate companies and Joint Ventures (JVs), including Jaguar Land Rover in the UK and Tata Daewoo in South Korea.

Countries of operation

COUNTRIES OF OPERATION
125+

Countries of operation

CUSTOMER TOUCHPOINTS
8,400+



Tata Motors Limited

Tata Motors Limited (TML) is one of India’s largest Original Equipment Manufacturers (OEMs) offering an extensive range of integrated, smart and e-mobility solutions.

TML’s Commercial Vehicle (CV) offerings include sub-1 tonne to 55-tonne Gross Vehicle Weight (GVW) trucks and small, medium and large buses and coaches. TML’s Passenger Vehicle (PV) offerings include the NEW FOREVER range that exemplifies the IMPACT 2.0 design language across cars and utility vehicles and is developed using pioneering technologies that are sustainable.

TML is also playing a leading role in proactively shaping the electric mobility landscape in the country.

TML has a JV with Fiat Group Automobiles to manufacture passenger cars, engines and transmissions for the domestic market, and a JV with Cummins Inc. USA for the design and manufacturing of diesel engines.

MISSION

We innovate mobility solutions with passion to enhance the quality of life

VALUES

  • Integrity
  • Teamwork
  • Accountability
  • Customer Focus
  • Excellence
  • Speed

VISION

By FY 2024, we will become the most aspirational Indian auto brand, consistently winning, by

  • delivering superior financial returns
  • driving sustainable mobility solutions
  • exceeding customer expectations, and
  • creating a highly engaged work force

Jaguar Land Rover

Jaguar Land Rover (JLR) is a global automotive manufacturer and leading technology company, proudly built around two iconic British car brands: Jaguar and Land Rover. JLR is driven by a desire to deliver class-leading vehicles, providing experiences people love, for life.

Part of the Tata Motors Group since 2008, JLR has a JV with Chery Automobile Company to manufacture certain models, including powertrains, in China. JLR has also strategically partnered with Waymo to develop the self-driving Jaguar I-PACE and is collaborating with the BMW Group to develop next-gen Electric Drive Units (EDUs).

Jaguar Land Rover

DESTINATION ZERO

JLR's vision is a world of sustainable, smart mobility – Destination Zero – enhancing the quality of everyone’s life with zero emissions, zero accidents and zero congestion through relentless innovation. Our ambition is to make our societies safer and healthier, and our environments cleaner through relentless innovation. Adapting our products and services to the rapidly-changing world around us.

Other subsidiaries

TATA MOTORS FINANCE

Tata Motors Finance Limited (TMFL) and Tata Motors Finance Solutions Limited (TMFSL) are Non-Banking Financial Companies (NBFCs). They are the subsidiaries of TMF Holdings Limited (TMFHL).

TMFHL is a 100% subsidiary of TML and a Core Investment Company (CIC). TMFL facilitates new vehicle financing. TMFSL undertakes the dealer/vendor financing business and the used vehicle refinance/ repurchase business.

TATA DAEWOO & TATA TECHNOLOGIES LIMITED

Tata Motors Group also holds key subsidiaries, such as Tata Daewoo Commercial Vehicles and Tata Technologies Limited.

In 2004, the Tata Motors Group acquired Korea’s second largest truck maker Daewoo Commercial Vehicles. Today, it exports its vehicles to 60+ countries.

Tata Technologies Limited is a leading company in engineering services outsourcing and product development IT services, providing a competitive edge to global manufacturers.

The Integrated Report does not include information on these subsidiaries explicitly, except for the consolidated financial figures of the Tata Motors Group.

Company Profile

Extending mobility solutions around the world