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Last 291.55 INR
Change Today -19.10 / -6.15%
Volume 24.2M
TTMT On Other Exchanges
Natl India
New York
As of 6:06 AM 02/10/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Bombay House

24, Homi Mody Street

Mumbai, 400001


Phone: 91 22 6665 8282

Fax: 91 22 6665 7799

ging from 215 horsepower to 560 horsepower, including dump trucks, tractor-trailers, mixers and cargo vehicles. The company’s Prima line of trucks is targeted its customers in India and South Korea, and it has extended the Prima line by offering Prima LX and multi-axle truck variants. The company also offers a range of buses, which includes the Divo Coach, the Semi Deluxe Starbus Ultra Contract Bus and the new Starbus Ultra. The company’s range of buses is intended for various uses, including as intercity coaches (with both air-conditioned and non-air-conditioned luxury variants), as school transportation and as ambulances. Seasonality Demand for the company’s vehicles in the Indian market is subject to seasonal variations. Demand generally peaks between January and March, although there is a decrease in demand in February just before release of the Government of India’s fiscal budget. Demand is usually lean from April to July and picks up again in the festival season from September onwards, with a decline in December due to model year change. Tata and Other Brand Vehicles—Vehicle Financing Through its vehicle financing division and wholly owned subsidiary, TMFL, the company also provides financing services to purchasers of its vehicles through its independent dealers, who act as its agents, and through its branch network. Jaguar Land Rover—Competition Jaguar vehicles compete primarily against other European brands such as Audi, BMW and Mercedes Benz. Land Rover and Range Rover vehicles compete largely against SUVs manufactured by Audi, BMW, Infiniti, Lexus, Mercedes Benz, Porsche and Volkswagen. The Land Rover Defender competes with vehicles manufactured by Isuzu, Nissan and Toyota. Jaguar Land Rover—Seasonality Jaguar Land Rover sales volume is impacted by the semi-annual registration of vehicles in the United Kingdom where the vehicle registration number changes every six months, which in turn has an impact on the resale value of the vehicles. This leads to a concentration of sales during the periods when the change occurs. Other Operations This segment is involved in other business activities, including information technology services and machine tools and factory automation solutions. Information Technology Services As at March 31, 2015, the company owned a 72.32% equity interest in its subsidiary, Tata Technologies Limited (TTL). TTL provides product development IT services solutions for PLM and Enterprise Resource Management (ERM), to automotive, aerospace and consumer durables manufacturers and their suppliers. TTL’s services include product design, analysis and production engineering, knowledge-based engineering, PLM, ERM and customer relations management systems. TTL also distributes, implements, and supports PLM products from solution providers in the world, such as Dassault Systems and Autodesk. TTL has its international headquarters in Singapore, with regional headquarters in the United States, India and the United Kingdom. In Fiscal 2014, TTL acquired Cambric Corporation, an engineering services organization, to achieve greater domain expertise and presence in the industrial equipment sector. TTL has a combined global workforce of around 7,804 professionals serving clients worldwide from facilities in the North America, Europe, and the Asia Pacific regions. TTL responds to customers’ needs through its subsidiary companies and through its offshore development centers in India, Thailand and Romania. TTL had 14 functional subsidiary companies and 1 joint venture as at March 31, 2014. Subsidiaries The company, through its other subsidiary and associate companies, engages in providing engineering and automotive solutions, construction equipment manufacturing, automotive vehicle components manufacturing and supply chain activities, machine tools and factory automation solutions, high-precision tooling and plastic and electronic components for automotive and computer applications, and automotive retailing and service operations. TML Distribution Company Limited, the company’s wholly-owned subsidiary, provides distribution and logistics support for distribution of i


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