Page 6 - Sands of Time Special Issue on Tata Motors Diamond Jubilee
P. 6

6                                                                                            VOL. XVII, ISSUE 2, 2020   VOL. XVII, ISSUE 2, 2020                                                                                  7




         n libERAliSATiOn AnD ThErEafTEr


         On December 9, 1990 - industrial history was writ at the brilliantly     In order to improve its                                                     tata Motors continued its market area expansion
         decorated TELCO Stadium when the one millionth Tata vehicle was          competitiveness, the organisation                                           through the introduction of new products such as
         ceremoniously released. The occasion was undoubtedly a landmark.         entered foreign markets,                                                    buses (Starbus and Globus, jointly developed with
         For TELCO had been propelled into the coveted position of being the fi rst   expanding its operations to                                             subsidiary Hispano Carrocera) and trucks (Novus,
         and only automobile company in the Third World to have produced one      international locations as well.                                            jointly developed with subsidiary Tata Daewoo).
         million vehicles.                                                        Daewoo, South Korea’s second                                                Some of the notable vehicles and variants that
                                                                                  largest truck maker was acquired                                            have been added to the portfolio of vehicles in the
                                                                                  in 2004. The christened Tata                                                recent years include, the Tata Marcopolo’s New
                                                                                  Daewoo Commercial Vehicles                                                  Magna Luxury Coach in 2015, the Tata Starbus
                                                                                  Company launched several new                                                Hybrid in 2017, the Xenon Yodha in 2017, the
                                                                                  products in the Korean market,                                              next Generation Ultra Range of Trucks in 2018   w     tata Starbus hybrid
                                                                                  while also exporting these                  w     tata ultra electric Bus.  and the most recent - the Signa 5525.S – India’s      hispano Carrocera.
                                                                                  products to several international                                           highest GCW prime mover (tractor) in the 4x2
                                                                                  markets.                                                                    segment and Signa 4825.TK, India’s largest
                                                                                                                                                              tipper truck in 2020.
                                                                                  In September 2004, Tata Motors
                                                                                  became the fi rst company from
                                                                                  India’s automotive sector to be
         w     launch of tata Vehicles powered with    w     The millionth vehicle rolls out on      listed on the New York Stock
            Tata-Cummins Engines, 1996.        December 9, 1990.                  Exchange.

         Further, to satisfy world standard emission levels, TELCO signed an      Expecting a big growth in the bus
         agreement with Cummins to produce advanced diesel engines.               market Tata Motors acquired a
                                                                                  stake in the reputed Spanish bus
                                             FROM THE
                                                                                  Carrocera of Spain in 2005.
            IN 1994, a Joint Venture        The Company acquired 688 acres        and coach manufacturer Hispano
            agreement was signed with       of land for manufacturing Special     Initially it acquired a 21% stake           w     Tata Magna Bus            w    tata Signa 4825.             w     Tata Xenon yodha.
            Holset Engineering Co., UK to   Purpose and Heavy vehicles and        and fi nally the full ownership in             Marcopolo Brazil.
            produce turbo chargers to be   COLLECTION                             2009. In 2006, it formed a joint
                                            Construction Equipment with
            fi tted on the Tata Cummins     an initial investment of Rs. 425      venture with the Brazil–based
            engines. The year also marked   crores.                               Marcopolo, a global leader in body
            a signifi cant re-organisation of    OF THE                           building for buses and coaches                 tata Motors association with the   Defence Research and Development   prerequisites of mobility, protection
            the Company’s entire business   The wave of liberalisation,           to manufacture fully–built buses               defence sector started in 1940 and   Organisation (DRDO). The company   and fi repower in association with
                       TATA CENTRAL ARCHIVES
            focus and operations. TELCO     privatisation and globalisation,      and coaches for India and select               continued to be of utmost priority   has also developed the Light   the Ordnance Factory Board.
            was bifurcated into two Business   which started sweeping India       international markets. The plant               for the company. In addition to   Armoured Multi-role Vehicle     However, in 2018 these operations
            Units - the Automobile and the   since the early 1990’s, gave         at Dharwad was geared up to                    be a leading supplier of mobility   (LAMV), a reconnaissance vehicle   were hived off  to Tata Advance
            Construction Equipment - with   TELCO a new direction. On             anchor this product.                           solutions to the Indian Army, Navy,   that combines vital operational   Systems.
            the objective to refl ect its main   July 29, 2003 the company                                                       Air Force and various Paramilitary
            business areas and to provide the   changed its name to Tata Motors                                                  forces, the company also exports
            necessary operating autonomy    Limited on J.R.D.’s 99  birth                                                        its range of specialised Defence
                                                              th
            for the units to operate        anniversary.                                                                         vehicles to various nations. The
            effi  ciently.                                                                                                       company started looking towards
                                            The company created a new                                                            the Combat vehicle space by
                                            segment by launching the Tata                                                        focusing on development of
                                            Ace, India’s fi rst indigenously                                                     contemporary state-of-the-art
                                            developed mini one-tonne truck                                                       combat vehicle platforms (Tracked
                                            in 2005. It began commercial          w     tata prima Daewoo.                       & Wheeled). It is the fi rst private
                                            production of the Tata Ace and its                                                   sector OEM in India which has
                                            variants at the newly established     Also, in 2006, the company                     developed WhAP (Wheeled
                                            Pantnagar, Uttarakhand plant          entered into a Joint Venture with              Armoured Amphibious Platform), an
                                            in 2007. With the success of          Thonburi Automotive Assembly                   Infantry Combat Vehicle, designed
                                            the Tata Ace, the company             Plant Company of Thailand to                   for optimised survivability, all
                                            then launched the Tata Magic,         manufacture and market the                     terrain performance and increased
                                            developed on the Ace platform         company’s pickup vehicles in                   lethality jointly with the Indian   w     ratan tata visited the exhibition “Know Your army” at Shivaji park Mumbai, 2004.
            w     tata aCe.                 and the Tata Winger, India’s only     Thailand.
                                            maxi van, in 2007.
            With the increasing range in                                          In keeping with its pioneering              toDaY, the company’s ever-growing vehicle portfolio are   years is a deep understanding of customer needs and the
            products, the company felt the   This was followed by two             tradition, the company ushered              marketed in several countries in Europe, Africa, the Middle   ability to translate them into customer desired off erings
            need to expand its operations   new additions in the Small            in a new era in the Indian                  East, South East Asia, South Asia and South America. It   through leading edge R&D. The company’s Engineering
            to yet another location in India.   Commercial Vehicle segment with   automobile industry in 2009 by              has franchisee/joint venture assembly operations in Kenya,   Research Centre, established in 1966, has enabled
            Thus, was born the Dharwad      the launch of the Tata Magic Iris     unveiling its new range of world            Bangladesh, Ukraine, Russia and Senegal.            pioneering technologies and products. The company today
            facility, TELCOs’ fourth in 1997.   and the Tata Ace Zip in 2011.     standard trucks – the Tata Prima                                                                has R&D centres in Pune, Jamshedpur, Lucknow, in India
                                                                                  Daewoo.                                     The foundation of the company’s growth over the last 75   and in South Korea, Spain and the UK.



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