NYSE, TTM - Tata Motors Ltd ADR
We were incorporated on September 1, 1945 as a public limited liability company
under the Indian Companies Act VII of 1913 as Tata Locomotive and Engineering
Company Limited. Our name was changed to Tata Engineering and Locomotive Company
Limited on September 24, 1960 and to Tata Motors Limited on July 29, 2003. We
commenced operations as a steam locomotive manufacturer. This business was
discontinued in 1971. Since 1954, we have been manufacturing automotive
vehicles. This business commenced with the manufacture of commercial vehicles
under financial and technical collaboration with Daimler-Benz AG (now
DaimlerChrysler AG) of Germany. This agreement ended in 1969. We produced only
commercial vehicles until 1991, when we started producing passenger vehicles as
well.
We are India?s largest automobile manufacturer and second largest passenger
vehicle player in terms of units sold in India during fiscal 2007. ...
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