PRIVATE SECTOR COMPANIES

I. Automobile Industry
The automobile industry in India can be mainly classified on the basis of

i)	Market for Commercial Vehicles
ii)	Market for Private Vehicles

i) Market for Commercial Vehicles
The market for commercial vehicles is a linchpin in the Indian Industrial Sector and responsible for transportation of more than 60 percent of the total freight handled in the country. As transportation is involved in every sector of the economy, the performance of the commercial vehicle market reflects the overall performance of the economy. The commercial vehicle industry has a cyclical nature of demand, because the demand is driven by a number of factors such as

l	industrial growth
l	agricultural production
l	increase in volumes of freight movement
l	road use for freight movement
l	change in freight prices
l	fuel prices
l	government policies

Since 2001 – 02, the demand for commercial vehicles has been on a rise. In 2003, the total number of commercial vehicles grew by 20% and stood at 4025 thousand units. The growth is expected to augment due to a rise in the industrial production and supportive government policies. The major players in the market are Mahindra and Mahindra, Escorts, Ashok Leyland, Tata and Hindustan Motors.

ii) Market for Private Vehicles
The market for private Vehicles can be further classified on two basis.

a) Market for Two Wheelers
The present market for two wheelers has witnessed rapid growth since the past four years. The total sales of two wheelers in India stood at 5,000,000 units in 2003 – 04. This has grown to 7,857,548 units in 2006 – 07. The rapid growth in the past two years is attributable to a rise in

l	household/consumers income
l	easy availability of finance
l	growing replacement demand
l	introduction of new models
l	increasingly aggressive outlook of the key players.

The overall sales of two wheelers are expected to reach 11,000,000 units in 2009–10. The expected surge in rural demand will play a key role in steering the total demand for two wheelers.

Key Players in the Market
1. Hero Honda Motors Limited

l	Hero Honda Motors Limited started as a joint venture between Hero group and the Honda Motor Company of Japan in 1984, Jan 19.
l	The first motorcycle ‘CD 100’ was produced in 1985. In the year 1996.
l	Hero Honda became the first company to serve the armed forces with its 100cc Motorcycles.
l	In 2000, company’s brand ‘Splendor” was declared world’s number one largest selling single two wheeler model.
l	Presently, Hero Honda Motors Limited is the single largest two wheeler manufacturer in the world.

Headquarter
Hero Honda Motors Limited is headquartered at New Delhi, India.

Present Management
Mr. Brij Mohan Lal Munjal is the present Chairman of the company while Mr. Pawan Munjal is the Managing Director of Hero Honda Group.

Products Offered
The product range offered by the company includes

l	Karizma	l	Splendor	l	CD100 SS	l	Super Splendor
l	CD Deluxe	l	Passion	l	Passion Plus	l	CD Dawn
l	Glamour	l	Achiever	l	Hunk	l	CBZ Xtreme

2. Bajaj Auto

l	Bajaj Auto started its business as M/s Bachraj Trading Corporation Limited in 1945 by Jamnalal Bajaj.
l	It started with the sales of imported two and three wheelers in 1948.
l	In 1959, Bajaj Auto obtained license from Government of India to manufacture two and three wheelers.
l	Rahul Bajaj took charge of the business in 1965. Under his leadership, the company tied up with Kawasaki Industries of Japan for technological collaboration and launched Kawasaki Bajaj KB 100 motorcycles.
l	At present, Bajaj Auto is ranked as world’s fourth largest two and three wheelers manufacturer.

Products Offered
The product range offered by the company includes

l	CT100	l	Wind	l	Discover	l	Pulsar
l	Avenger	l	Kawasaki Caliber	l	XCD 125	l	Kawasaki Eliminator

Headquarter
Bajaj Auto is headquartered at Pune, Maharashtra.

Present Management
Mr. Rahul Bajaj is the present Chairman and Mr. Madhur Bajaj is the Vice Chairman of the Bajaj Group.

b) Market for Four Wheelers

l	The four wheelers market in India is at present experiencing a boom owing to high domestic demand, increasing exports, ambitious expansion plans by the major players of the sector and entry of foreign car manufacturer in the domestic market.
l	The domestic sales are expected to grow annually at 12 per cent from 1.06 million vehicles 2004 – 05 to nearly 1.87 million in 2009 –10.
l	Healthy growth in the disposable incomes of consumers, lower EMI’s owing to longer tenure and an improved distribution network will drive the growth in passenger cars and utility vehicles.
l	The export of four wheelers from India is also growing at an increasing rate and is expected to grow by 21 percent per annum in the next four years.
l	The global export from India is dominated by the small car segment with Hyundai Santro Xing, Maruti Alto and Tata Indica topping the list.

Key Players in the Market
1. Maruti Suzuki

l	Maruti Suzuki was established as Maruti Udyog Limited (MUL) in Feb 1981 through an Act of Parliament to meet the growing demand for a personal mode of transport.
l	Suzuki Motor Company (now Suzuki Motor Corporation of Japan) was chosen from seven prospective partners worldwide and a joint venture agreement was signed between Government of India and Suzuki in October, 1982.
l	As a part of the company’s corporate social responsibility (CSR), The Institute of Driving Training and Research (IDTR) was started in 2000, jointly with Delhi Government to promote safe driving habits among people.
l	In 2002, Suzuki Motors Corporation increased its stake in Maruti to 54.2 percent and became the major stakeholder. Maruti Suzuki is the largest car manufacturer in India.

Brands Offered
The brands offered by Maruti are

l	Maruti 800	l	Omni
l	Alto	l	Gypsy
l	Versa	l	Zen Estilo
l	Wagon R	l	Esteem
l	Baleno	l	Swift
l	SX4	l	Grand Vitara

Headquarter
The company’s registered and corporate office is located at New Delhi and the workshop is located in Gurgaon, Haryana.

Present Management
Mr. Shizno Nakanishi is the Managing Director & CEO and R.C. Bhargava is the chairman of Maruti Suzuki.

2. Hyundai Motor India Limited (HMIL)

l	Hyundai Motor India Limited is a wholly owned subsidiary of Hyundai Motor Company, South Korea. The company started its operation in India in 1998 – 99.
l	At present Hyundai Motors India limited is the second largest car manufacturer in India.
l	The year 2006 had been a significant year for the company. It achieved a significant milestone by rolling out the fastest 300,000th export car.
l	The company exports to over 65 countries globally and has recently ventured into the UK market.
l	The Company has also been awarded ISO 1400 certification for its sustainable environment management practices.

Brand Offered
The brands offered by Hyundai India are:

l	Santro Xing	l	Getz
l	Accent	l	Verna
l	Elantra	l	Embera
l	Tucson	l	i 10

Headquarter
The company’s headquarters are located at New Delhi

Present Management
Mr. H.S. Lheem is the Managing Director of Hyundai Motor India Limited
___________________________________________________________________________

II. Information Technology Industry

l	Post Liberalization, the IT industry has become one of the core business sectors of the economy.
l	The annual growth rate of India’s software exports has been consistently over 50 percent since 1991.
l	According to a report from Ministry of Communication and Information Technology, The ITeS – BPO industry has grown by about 54 per cent with exports earnings of US $3.6 billion during 2003 – 2004.
l	The government’s IT policy aims to use IT as a tool for raising the living standards of population based in rural areas by enhancing rural connectivity and increasing IT awareness.
l	The recent findings of NASSCOM – Mc Kinsey report projects a further growth in the revenue of IT industry.
l	It is expected to reach US $87 billion in 2008. The report also says that the growth in the IT industry would lead to creation of about 2.2 million jobs.

Key Players in the Market

1. Infosys

l	Infosys Technologies Limited (NASDAQ: INFY) is an information technology (IT) company founded at Pune in 1981, by seven IT professionals.
l	In 1987 the company set up its first international office in the US in Fremont.
l	In the year 1992, Infosys became a public limited company in India.
l	In 1999, it became the first Indian company to be listed on NASDAQ and attained SEI – CMM level 5 certification.
l	The company operates nine development centres in India and has over 30 offices in 20 other nations.
l	Apart from its core business area, Infosys, through its subsidiaries, operates in some other business interests as well namely

i)	Progeon – Infosys offers business process outsourcing solution to the global clients through Progeon.
ii)	Infosys Consulting Inc. US – a subsidiary of Infosys Technologies, the company offers IT consulting to clients across North America.
iii)	Infosys Technologies was also responsible for the introduction of “Finacle”, the software for Indian Banking industry.

Headquarter
Infosys technologies is headquartered at Bangalore.

Present Management
Mr. N. R. Narayan Murthy is the Chief Mentor and Chairman of BOD, S. Gopalakrishnan is the Chairman and Managing Director.

2. Tata Consultancy Services (TCS).

l	Tata Consultancy Services Limited is a Tata group company.
l	TCS commenced its operations in 1968.
l	Today the company has its presence in 34 countries across 6 continents and offers a range of services to its clients.
l	The main services provided by TCS are - complete range of IT products/service, consultancy services and outsourcing services.

Headquarter
The company’s corporate office is at Mumbai.

Present Management
Mr. Ratan N Tata is the Chairman of the Tata Group and Mr. S.Ramadorai is the CEO and Managing Director of TCS.

3. Wipro Technologies

l	Wipro was set up in 1945 as Western India Vegetable Products Limited with modest presence in Maharashtra and Madhya Pradesh.
l	The diversification into IT happened for the company in 1980 when IT services were started in the domestic market.
l	Wipro launched its hardware company in 1981. In 1982, the company’s name was changed to Wipro Limited and it launched its software product subsidiary – Wipro Systems Limited in 1984.
l	In 2000 the company was listed on New York Stock Exchange (NYSE). In 2001, WIPRO became world’s first PCMM level 5 company.
l	In 1975, WIPRO marketed India’s 1st homegrown PC.

Headquarter
Wipro Technologies is headquartered at Bangalore.

Present Management
Mr. Azim Premji is the present Chairman of Wipro Technologies/Wipro Group.
___________________________________________________________________________

III. Fast Moving Consumer Goods (FMCG) Market

l	The Indian FMCG sector is the fourth largest sector in the economy with a total market size in excess of US $13.1 billion.
l	The FMCG Industry has strong presence in the Indian Economy and is characterised by a well established distribution network, intense competition between the organised and unorganised segments and low production costs.
l	Availability of key raw material and cheap labor costs gives India a competitive advantage.
l	India is one of the largest emerging markets and the fourth largest economy in terms of purchasing power parity, with a strong middle class base. The large share of fast moving consumer goods (FMCG) in total individual spending clubbed with the large population base marks Indian as one of the largest FMCG markets.
l	The size of the FMCG market is set to treble from US $11.6 billion in 2003 to US $33.4 billion in 2015.
l	Growth in this sector is also likely to come from consumer upgradation to matured product categories like processed food.
l	By 2010, about 200 million people in India are expected to consume processed and packaged food, which would require a large investment in the food processing industry.

Key Players in The Market

1. Hindustan Unilever Limited (HUL)

l	In the summer of 1888, visitors to the Kolkata harbour noticed crates full of ‘Sunlight’ soap bars embossed with the words “Made in England by Lever Brothers”. With it, began the era of branded Fast Moving Consumer Goods (FMCG) in India.
l	In 1895 the company launched Lifebuoy and other famous brands like Pears, Lux and Vim. Vanaspati was launched in 1918.
l	In 1931, Unilever set up its Indian subsidiary by the name Hindustan Vanaspati Manufacturing Company. Brand ‘Dalda’ came to the Indian Market in 1937.
l	It was followed by setting up of Lever Brothers Limited in 1933 and United Traders Limited in 1935.
l	The three Companies were merged together in 1956 and Hindustan Lever Limited (HLL) was formed.
l	The company was renamed from HLL to HUL in late Jun 2007 to provide the optimum balance and the future benefits and synergies of global alignment with the corporate name of “Unilever”.
l	At present, HUL is India’s largest FMCG company with its presence across varied product categories namely Home and Personal care, processed foods and Beverages.
l	It is also one of the largest exporters in the country and has been recognised as Golden Super Star Trading House by the Government of India.

Headquarter
Hindustan Unilever Limited has its headquarters at Mumbai.

Present Management
Mr. Harish Manwani is the Present non – executive Chairman of the company and Nitin Paranjpe, CEO.

Products Offered
The various products offered by HLL are:

Personal Care	Laundry	Foods	Appliances
Lux	Surf Excel		Brooke Bond Hindustan Lever Limited has also come out with Pureit -
Lifebouy	Rin	Lipton	The world’s most advanced water purifier.
Liril	Wheel	Kissan
Hamam		Knorr Annapurna
Breeze	Bru
Dove	Kwality Wall’s
Pears
Rexona
Fair and Lovely
Pond’s
Sunsilk Naturals
Clinic
Pepsodent
Close-Up
Axe
Vaseline
Ayush
Lakme

2. ITC Limited

l	ITC Limited was incorporated on August 24, 1910 under the name of ‘Imperial Tobacco Company of India Limited.
l	The company’s ownership was progressively Indianised and the name of the company was changed to ITC Limited in 1974.
l	The company’s packaging and printing business divisions were set up in 1925 to provide strategic support to ITC’s cigarette business.
l	Apart from FMCG product offerings, the company has also marked its presence in hotel industry under two brand names Welcome Group of Hotels and Sheraton Hotels. The company ventured into the hotel business in 1975.
l	It also offers a range of lifestyle products and stationery items.
l	In 2000, the company started its stationery business and also introduced “Wills Lifestyle” range of clothing.
l	It made an entry into the packaged foods business in 2001, with the launch of its brand “Kitchens of India”. In 2002, the company launched “Aashirwad” brand of atta and subsequently in 2003 “Sunfeast” brand of biscuits was launched.

Headquarter
ITC Limited is headquartered at Kolkata

Present Management
Mr. Y. C. Deveshwar is the present Chairman of the company.

Products Offered
Major Brands in various product offerings of company include:

1)	FMCG
	a)	Cigarettes – Insignia, India Kings, Classic, Gold Flake, Capstan, Flake and etc.
	b)	Food Brands – Kitchens of India, Fashioned, Sunfeast, Mint-O, Candyman & Bingo.
	c)	Lifestyle Retailing – Will Lifestyle, John Players, Essenza De Wills, Miss Players
	d)	Personal Care – Farina Di Wills
	e)	Stationery – Expression Greeting Cards, Classmate, Papercraft, Regalia
	f)	Safety Matches & Agarbattis – Ikon, Aim, Vare Lit, Mangaldeep, Delite
2)	Hotels - Maurya Sheraton, Chola Mandalam
3)	Paperboard & Specialty Papers
4)	Packaging
5)	Agni Business
6)	Information Technology

3. Proctor and Gamble India (P & G)

l	Proctor & Gamble started its operation in India when Vicks Product Inc. India was established in 1951.
l	In 1964, a public limited company, Richardson Hindustan Limited (RHL) was formed which obtained a license from the government to produce menthol oil and Vicks range of products.
l	In 1967, RHL introduced ‘CLEARASIL’, the pimple cream and subsequently in 1979, ‘VICKS ACTION 500’ was launched.
l	In 1985, RHL became an affiliate of Proctor & Gamble Company, USA and the name was finally changed to Proctor & Gamble, India in 1989.
l	In 1991, ‘Ariel’ brand of detergent was introduced. In 1993, Proctor and Gamble India started the marketing of Old Spice brand of products.
l	In 1999, the name of the company was changed to Proctor & Gamble Hygiene and Health Care Limited.

Headquarter
P & G India is headquartered at Mumbai. Robert A. McDonald is Chairman & CEO of the Company.

Products Offered
1. Hygiene & Health Care
Whisper, Vicks Vapor Rub, Vicks Inhaler, Vicks Formula 44, Vicks Cough Drops, Vicks Action 500+
2. Home Production
Ariel
Tide Detergent and Bar
Pantene
Olay
Joy
Heads & Shoulders
Pantene
Rejoice
Pampers
___________________________________________________________________________

IV. Telecom Sector

l	According to a recent report by CRIS INFAC the Indian Telecom Sector is one of the fastest growing, high potential telecom markets in the world.
l	The total subscriber base in India is expected to grow to 490.0 million suscribers by 2012 at a Compounded Annual Growth Rate (CAGR) of 24.3 percent.
l	The urban teledensity is expected to cross 50 percent mark by 2009–10 and the rural teledensity would reach double figures.
l	Wireless telephony services (Mobile & fixed wireless) until now account for almost the entire growth in the sector. The mobile subscriber base is expected to grow from 52.2 million at the end of 2004 – 05 to 490.0 million in 2011 – 12.
l	The fixed line subscriber base is expected to grow from 45.9 million at the end of 2004–05 to 73.4 million in 2009 – 10.

The current telecom boom is likely to sustain itself in future because of many factors:

l	Low access charge
l	Reduction in license fee
l	Reduction in tariff rates, both for fixed line and wireless services
l	Increase in FDI limit for the sector
l	Government policy of moving from fixed license regime to a revenue share regime

Key players in the market

1. Bharti Tele-Ventures (AIRTEL)

Bharti Tele-Ventures limited, a part of Bharti enterprises, is India’s leading private sector telecommunication service provider. The business of Bharti Tele-Ventures has been structured into two main strategic business groups:

i) Mobility business group
ii) Infotel business group

The Mobility Business Group provides GSM mobile services across India in 23 Telecom circles and the Infotel Business Group provides broadband and telephone (fixed line) services. Till now, it is the only company to operate in all 23 circles in India. The telephone and internet services provided by the company are available in 15 circles. In 2005, Vodafone Group Plc., the largest telecom company of United Kingdom bought 10% stake in Bharti Tele-Ventures for US $1.5 billion.

Headquarter
Bharti Tele-Ventures Ltd. is headquartered at New Delhi.

Present Management
Mr. Sunil Bharti Mittal is the Chairman and Managing Director of the company.

2. Vodafone Essar
Vodafone Essar previously known as Hutchison Essar, brands its product as ‘Vodafone’.
Vodafone Essar is owned by Vodafone Group (52%), Essar Group (33%), and other Indian Nationals (15%).

Headquarter
Vodafone Essar is headquartered at Mumbai

Present Management
Mr. Asim Ghosh is CEO of Vodafone Essar and Mr. Arun Sarin is the CEO of Vodafone Group.

3. Reliance Communications Limited (RCL)

l	Reliance Communications Limited was originally incorporated on July 15, 2004 under the Companies Act, 1956 as Reliance Infrastructure Limited.
l	The status of the company was changed from private limited to public limited on July 25, 2005.
l	The name has since been changed to its present name - Reliance Communications Limited, under a fresh Certificate of incorporation obtained from the government for the consequent change of name on June 7, 2006.

Headquarter
Reliance Communications Limited is headquartered at Navi Mumbai.

Present Management
Mr. Anil Dhirubhai Ambani is the present chairman of the company
___________________________________________________________________________

V. Infrastructure Sector

l	Infrastructure Development has begun to pick up over the past two years and is set to surge over the next few years.
l	Driven by government initiatives, private participation in the sector, innovative financing schemes and low interest rate on borrowing, have made it easier and cheaper for companies to fund large projects.
l	According to a recent CMIE (Centre for Monitoring Indian Economy) report, the further growth expected in the sector would require investments to the tune of Rs. 6,196 billion over FY 2005 – 08.
l	The focus of the Public–Private partnership is on development of roads, ports and power sector.
l	All these initiatives would translate into huge earnings for the construction companies.

Key Players in the Market
1. Jaiprakash Industries (Jaypee Group)

l	The Jaypee Group is a well diversified infrastructure company of India. The company was set up by Shri Jayparakash Gaur in 1979. After his stint with the government of Uttar Pradesh, he branched off on his own as a Civil Contractor in 1958.
l	Jaiprakash Associates Pvt. Ltd (JAPL) was set up in 1979.
l	In 1980, Hotel Siddharth (New Delhi) and Hotel Vasant Continental (New Delhi) were set up.
l	In 1983, Jaypee Rewa Cement Plant (JRCL) was set up and subsequently Jaiprakash Industries Limited (JIL) was formed in 1986 by amalgamation of JAPL into JRCL.
l	In 1992, the group ventured into power sector and two New Companies – Jaiprakash Hydro Power Ltd. (JHPL) and Jaiprakash Power Venture Ltd. (JPVL) were formed.
l	In the year 2000, Jaypee Cement Ltd (JCL) was set up after a merger of JRCL and another Cement Plant Jaypee Bela Cement Plant (JBCP).
l	In 2003, JIL was merged with JIL and Jaiprakash Associates Ltd. (JAL) was formed in 2005, JHPL was listed on both NSE and BSE and thereby became the first Hydropower Company to be listed on either BSE or NSE in India.

Headquarter
Jaiprakash Industries is headquartered at New Delhi.

Present Management
Shri Jaiprakash Gaur is the Present Chairman of the Group.

2. DLF Group

l	The DLF Group founded in 1946 is a leading name in India’s real estate Industry. The Group’s existing range of business verticals spans across Homes, Offices, Shopping Malls and Recreational Spaces like DLF Golf and Country Club.
l	It has been responsible for the development of various urban colonies and townships across India, primarily Gurgaon (NCR).
l	Already a major player in locations across the country, the company is now focusing on new business areas.
l	The group has made significant investments in hotels, infrastructure and Special Economic Zones (SEZ’s).
l	DLF has also entered into a Joint Venture with Laing O’Rourke of UK to develop expressways and airports in the country.

Headquarter
DLF Group has its Corporate Office in New Delhi.

Present Management
Mr. KP Singh is the present Chairman of the group.

3. Gammon India

l	Gammon India Limited is one of the leading construction companies in India.
l	The company was established by Mr. JG Gammon in 1919 as a firm of civic engineers and contractor which in 1922 was incorporated as a private limited company.
l	Under its present name the firm went public in 1962.
l	Gammon India has to its credit the largest river bridge in the world across the river Ganges at Patna, the largest road bridge in India across the open sea in Mumbai and the first Cable stayed bridge in India.
l	Gammon India Limited is the only Indian construction company to have been accredited with ISO 9001 certification for all fields of civil engineering works.

Headquarter
The Company has its corporate office in Mumbai.

Present Management
Mr. Abhijit Ranjan is the Chairman and Managing Director of the Company.

4. GMR Group

l	GMR Group is an infrastructure development company founded in 1978.
l	The group today has major interests in energy, transportation and business in manufacturing.
l	As a part of group’s corporate social responsibility initiative, GMR Varalakshmi foundation (GMRVF) was established in 1991 with focus on education, community services, health and hygiene and creation of livelihood through empowerment of local communities.
l	In early 2006, the group also bagged the contract for restructuring and modernizing Delhi’s International Airport, jointly with FRAPORT (Frankfurt airport)

Headquarter
The company has its corporate office at Bangalore.

Present Management
Mr. G. M. Rao is the founding chairman of the GMR Group.
___________________________________________________________________________

VI. Major Business Groups
1. Tata Group

l	Born in a Parsi family in 1839, Jamsetji Nusserwanji Tata came to Bombay at the age of 14. In 1868, he started a private trading firm with a capital of Rs.21000, laying the foundation of what now exists as Tata Group.
l	His travels in the Far East and Europe created a strong desire in him to manufacture cotton goods. Finally, he launched the famous Central India Spinning, Weaving and Manufacturing company in 1874 marking the group’s entry into Textiles.
l	The group later moved in to steel, electric power, locomotives, automobiles, banking, insurance, hotels and eventually information technology.
l	Jamsetji had got the approval for building a steel plant in 1895. Many years were spent in surveying the Indian terrain before the group hit gold in the remote coalfields of Bengal which had ore with rich iron content and a continuous flow of water. The Tata Iron and Steel Company was founded in 1907 at Jamshedpur, in Bihar (present day Jharkhand).
l	Sir Dorabji Tata, aided by his cousin RD Tata, saw Jamsetji’s projects through to the stage of accomplishment. Sir Dorabji always believed that wealth must be put to constructive use. Towards the end of his career in 1932, he put all his wealth–including the 245-carat Jubilee Diamond, twice as large as the Koh-i-noor and estimated at Rs. 1 crore–into a trust for the advancement of learning and research, the relief of distress and other charitable purposes.
l	Jehangir Ratanji Dadabhoy Tata (JRD) was born in Paris on July 29, 1904. JRD, as he was fondly referred to all his life, arrived at group headquarters, Bombay House to work under John Peterson, director-in-charge of Tata Steel, in 1925.
l	In 1938, after the death of Sir Nowroji Saklatvala, chairman of Tata Sons, JRD Tata was catapulted to be the head of India’s largest industrial empire.
l	JRD’s passion for flying was fulfilled with the formation of the Tata Aviation Service back in 1932. Just before India’s Independence, in 1945, Tata Steel promoted the Tata Engineering and Locomotive Company (Telco) with the objective of making locomotives for the Indian Railways.
l	For these endeavors, JRD Tata was awarded the country’s highest civilian honour - Bharat Ratna, in 1992–one of the rare instances when the award was granted during a person’s lifetime.

Milestones

1868 :	Jamsetji Nusserwanji Tata starts a private trading firm. The foundation of the Tata empire is laid.
1874 :	The first Indian textile mill, Central India Spinning, Weaving and Manufacturing Company is established.
1902 :	The Indian Hotels Company is established to run a chain of hotels in India.
1907 :	The birth of the Tata Iron and Steel Company heralds India’s entry into the steel age.
1910 :	The first of the three Tata electric companies, the Tata Hydro-Electric power Supply Company, is created.
1911 :	The Indian Institute of Science is established in Bangalore.
1917 :	The Tata entered consumer goods, as The Tata Oil Mills Company starts making soaps, detergents and cooking oils..
1931 :	Tata Press is born. It is now one of the country’s leading, integrated commercial printer.
1932 :	Tata Airlines, a division of Tata Sons, is established.
1939 :	Tata Chemicals, now the largest producer of soda ash in the country, is established.
1945 :	The Tata Engineering and locomotive Company is set up to manufacture commercial vehicles
1952 :	Lakme is established.
1954 :	India’s major marketing, engineering and manufacturing organisation, Voltas is established.
1962 :	Tata Finlay (now Tata Tea), one of the largest tea producers, is established.
1968 :	Tata Consultancy Services is formed, a division of Tata Sons.
1970 :	Tata McGraw-Hill Publishing Company is created to publish educational and technical books. Tata Economic Consultancy Services is set up.
1984 :	Titan Industries – a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO) – is set up to manufacture watches.
1996 :	Tata Teleservices (TTSL) is established to spearhead the Group’s foray into the telecom sector.
1998 :	Tata Indica, India’s first indigenously designed, developed and manufactured car is launched.
1999 :	The new Tata Group corporate mark and logo are launched.
2000 :	Tata Tea acquires Tetley Group, UK.
2001 :	Tata-AIG – a joint venture between the Tata Group and American International Group Inc (AIG) – marks the Tata’s re-entry into insurance. (The Group’s insurance company New India Assurance, was nationalised in 1956). The Tata Group Executive Office (GEO) is set up to design and implement change in the Tata Group and to provide long-term direction.
2003 :	Tata BP Solar inaugurates plant; launches three new products. Tata Motors launches City Rover – Indica fashioned for the European market.
2005 :	Tata Steel acquires Singapore-based steel company NatSteel by subscribing to 100 per cent equity of its subsidiary, NatSteel Asia.
2007 :	Tata Steel, part of India’s Tata Group, offered to purchase 100% stake in the Corus Group at 608 p. per share in an all cash deal, cumulatively valued at USD 12.04 Billion. This deal was also the biggest acquisition by any Indian company till date.

Headquarter
The Tata Group’s holding company has its headquarters at Mumbai, Maharashtra.

Present Management
Mr. Ratan Tata is the present Chairman of the group.

Engineering Services/Products	Power	Chemicals	Communication	IT	Consumer Products	Services	Global Operations
TAL Manufacturing Solutions	Tata BP Solar India	Rallies India	Tata Sky	Nelito Systems	Tata McGrawhill publishing	Indian Hotels (Taj Group)	Tata Enterprise AG
Tata AutoComp System	Tata power	Tata Chemicals	Tata Teleservices	SerWizSol	Tata Tea	Taj Housing Development Corporation (THDC)	Tata Incorporated
Tata Holset		Tata Pigments	Tatanet	Tata Elxsi	Trent	Financial Services	Tata International
Tata Motors		Technolgies	VSNL	Tata Technolgies	Tata Ceramics		Tata International AG
Tata Projects				Tata Consultancy Services (TCS)	Titan Industries	Tata AIG General Insurance	Tata Limited
TCE Consulting Engineers				Tata Interactive Systems		Tata AIG Life Insurance	Tata Precision Ltd.
Telco Construction Equipment Co.						Tata Asset Management	Tata AG
TRF						Tata Financial Services
Voltas						Tata Investment Corporation
Tata Steel						Other Services
						Tata Quality Management Services
						Tata Services
						Tata Strategic Management Group.

Group Companies

2. The Goenka’s - RPG Group

The RPG Group’s business origin can be traced to 1820, when Mr. Ramdutt Goenka, arrived in Calcutta from Dundlod, in Rajasthan, India, to do business with the British East India Company. Along with his brothers and sons, he acquired several profitable agencies. By the turn of the twentieth century, his business had expanded rapidly with significant diversification in banking, textiles, jute and tea. For their outstanding contribution to the Indian business and community services, the British conferred Knighthood on Sir Hariram Goenka and Sir Badridas Goenka. They became prominent leaders of the Marwari community of Calcutta and held sway in business communities throughout India.

Sir Badridas Goenka played an important role in public life and national politics. In 1933, he became the first Indian to be appointed Chairman of the Imperial Bank of India, now known as the State Bank of India. In 1945, he was elected President of the Federation of Indian Chambers of Commerce and Industry (FICCI).

The successful streak of entrepreneurship continued with Keshav Prasad Goenka, son of Sir Badridas Goenka. He managed to steer his companies through the pre-independence and post-independence era and in the 1950s, embarked on a course of expansion and diversification at an escalating tempo.
Keshav Prasad Goenka acquired the two British trading houses, Duncan Brothers and Octavius Steel. In the early 1960s, he promoted three companies in the automobile tyre industry namely Phillips Carbon Black and acquired several others. By the end of 1970s, when he progressively retired leaving the management of his business to his three sons, he had acquired substantial interests in tea, automobile tyre, jute, cotton textile and electric cables. Like his father, he played an active role in public life. He held the position of President of FICCI in 1965, and became a director of India’s central bank, the Reserve Bank of India, a position later held by his son Rama Prasad Goenka, better known as RP Goenka.

In 1979, the fortune owned by Keshav Prasad Goenka was shared amongst his three sons. From owning four companies; Phillips Carbon Black, Asian Cables, Agarpara Jute and Murphy India, with a turnover of Rs 75 crore, RP Goenka, led the group to what it is today: a Rs 7,472 crore company (US$ 1.65 billion), with more than 20 companies in 7 different business sectors. With razor sharp business instincts, RP Goenka excelled in buying and selling companies. His first purchase was CEAT Tyres of India in 1981. In the 1980s, this takeover specialist acquired KEC (1982), Searle India (1983, later renamed RPG Life Sciences), Dunlop (1984), HMV (1988), and finally in 1989,CESC, Harrisons Malayalam, Spencer & Co. and ICIM.

In 1990, he entrusted the management of the group to his two sons, Harsh and Sanjiv Goenka. RP Goenka became Chairman Emeritus, Harsh Goenka Chairman and Sanjiv Goenka Vice-Chairman of RPG Enterprises.

Milestones

1979 : Inception of RPG Enterprises by Mr RP Goenka, a Rs. 700 million group, which comprises Phillips Carbon Black, Asian Cables, Agarpara Jute and Murphy (India)
1983 : RPG Life Sciences (formerly Searle India) is acquired.
1985 : Saregama India (formerly the Gramophone of India Ltd.) is acquired
1988 : HMV (His Master’s Voice) is acquired.
1989 : Harrisons Malayalam Ltd., Spencer’s CESC Ltd., Raychem RPG (formerly Raychem Corporation) and Zensar Technologies (formerly ICIL) are acquired.
1995 : RPG Cellular commences its operations.
1996 : RPG Netcom is established.
1997 : MusicWorld and Health and Glow are formed.
1999 : Searle India becomes RPG Life Sciences. Foodworld is established.
2000 : International Computers India Ltd. (ICIL) becomes Zensar Technologies Ltd.
2001 : ‘Giant’ hypermarkets is established.
2003 : RPG crosses the Rs.7000 crore turnover mark reaching Rs.7472 crore in sales.

Headquarter
The group is headquartered at Mumbai, Maharashtra.

Present Management
Mr. R P Goenka is the Chairman Emeritus, Mr. Harsh Goenka is the present Chairman of the group and Mr. Sanjiv Goenka is the Vice Chairman of the group.

RPG Group Companies
Retail : Foodworld, Musicworld, Spencer’s, Hypermarkets
Technology : Zensar Technology, RPG Cables, RPG Life Sciences
Entertainment : Saregama HMV, HamaraCD
Power Transmission : CESC Ltd., Noida Power Company
Tyres : CEAT Ltd., CEAT Kelani, Phillips Carbon Black Ltd.
Speciality : Raychem RPG,
Transmission : KEC International, Nitel, RPG Transmission

3. Bajaj Group

The Bajaj Group is amongst the top 10 business houses in India. Its footprint stretches over a wide range of industries, spanning automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance.
The group’s flagship company, Bajaj Auto, is ranked as the world’s fourth largest two and three wheeler manufacturer and the Bajaj brand is well-known in over a dozen countries in Europe, Latin America, the US and Asia.

Founded in 1926, at the height of India’s movement for independence from the British, the group has an illustrious history. The integrity, dedication, resourcefulness and determination to succeed which are characteristic of the group today, can be traced back to its birth during those days of relentless devotion to a common cause. Jamnalal Bajaj, founder of the group, was a close confidant and disciple of Mahatma Gandhi. In fact, Gandhiji had adopted him as his son. This close relationship and his deep involvement in the independence movement did not leave Jamnalal Bajaj with much time to spend on his newly launched business venture.

His son, Kamalnayan Bajaj, then 27, took over the reins of business in 1942. He too was close to Gandhiji and it was only after Independence in 1947, that he was able to give his full attention to the business. Kamalnayan Bajaj not only consolidated the group, but also diversified into various manufacturing activities.

Headquarter
Bajaj group is headquartered at Pune, Maharashtra.

Present Management
The present Chairman and Managing Director of the group, Rahul Bajaj, took charge of the business in 1965. Under his leadership, the turnover of the Bajaj Auto, the flagship company, has gone up from
INR 72 million to INR 46.16 billion (USD 936 million) and its product portfolio has expanded and the brand has found a global market. He is one of India’s most distinguished business leaders and is internationally respected for his business acumen and entrepreneurial spirit.

Bajaj Group Companies

Bajaj Auto Ltd.	Mukand Global Finance Ltd.
Bajaj Electricals Ltd.	Bachraj Factories Pvt. Ltd
Bajaj Hindustan Ltd.	Bajaj Consumer Care Ltd.
Maharashtra Scooters Ltd.	Bajaj Auto Holdings Ltd.
Bajaj Auto finance Ltd.	Jamnalal Sons Pvt. Ltd.
Hercules Hoists Ltd.	Bachraj & Company Pvt. Ltd.
Bajaj Sevashram Pvt. Ltd.	Jeevan Ltd.
Hind lamps Ltd.	Bajaj Allianz Life Insurance Company Ltd.
Bajaj Ventures Ltd.	Bajaj Allianz General Insurance Company Ltd.
Mukand International Ltd.	Stainless India Ltd.
The Hindustan Housing Co. Ltd.	Hind Musafir Agency Pvt. Ltd.
Baroda Industries Pvt. Ltd.	Bajaj Internatinal Pvt. Ltd.
Bombay Forgings Ltd.

4. Aditya Birla Group
A formidable force in the Indian industry, Mr Aditya Birla dared to dream of setting up a global business empire at the age of 24. He was the first to put the Indian business on the world map, as far back as 1969, long before globalization became a buzzword in India. Interestingly, for Mr Aditya Birla, globalisation meant more than just geographic reach. He believed that a business could be global even whilst being based in India. Therefore, back in his home-territory, he single-mindedly drove to put together the building blocks to make his Indian business a global force. Under his stewardship, his companies rose to be the world’s largest producer of viscose staple fibre, the largest refiner of palm oil, the third largest producer of insulators and the sixth largest producer of carbon black. In India they attained the status of the largest single producer of viscose filament yarn, apart from being a producer of cement, grey cement and rayon grade pulp. The group is also the largest producer of aluminium in the private sector, the lowest cost producers in the world and the only producer of line in the textile industry in India.

Milestones

1857 :	The foundation of the Birla Group of Companies is laid by Seth Shiv Narayan Birla–cotton trading operations commence at Pilani, Rajasthan.
1919 :	Ghanshyam Das Birla, grandson of Shiv Narayan Birla, sets up the first Birla jute mill.
1947 :	Grasim is incorporated.
1958 :	Hindalco is incorporated.
1965 :	Aditya Birla, grandson of the legendary Ghanshyamdas Birla, starts the Eastern Spinning Mills & Industries.
1966 :	The Indian Rayon Corporation Ltd. is acquired.
1985 :	India’s first gas-based fertiliser plant in the private sector – Indo Gulf – goes on stream at Jagdishpur, UP
1986 :	The Birla Growth Fund is set up.
1990 :	Mr Kumar Mangalam Birla gets actively involved in the Group’s operations.
1995 :	The group enters the telecommunications sector through a joint venture with AT & T (USA)
1996 :	All group companies are consolidated under the umbrella of the Aditya Birla Group, led by Mr. Kumar Mangalam Birla.
1999 :	A joint venture with financial services major Sun Life of Canada is inked, as part of the overall restructuring of the Group’s financial services business.
2000 :	l	Indian Rayon acquires Madura Garments and selected overseas brand rights, taking the Group to the top of the league in the branded apparels sector.
	l	The Group forays into e-business through a strategic alliance of its software arm, Birla Software and Consultancy Services (BCSS), with Lawson Software (USA).
	l	‘Gyanodaya’, the Institute of Management Learning of the Aditya Birla Group, is inaugurated.
	l	Hindalco acquires Indal. The Indal board is reconstituted. Mr Kumar Mangalam Birla becomes Indal’s new chairman. The Group holding goes up to 74.6 percent, and further increases to 96 per cent in FY’03.
	l	The Insurance Regulatory Development Authority (IRDA) grants registration in principle to Birla Sun Life Insurance Company. Indian Rayon acquires major world rights for international apparel brands Louis Philippe, Allen Solly and Peter England.
	l	The Group announces its intention to launch a 450 MW ‘Green Power Project’ in Karnataka.
	l	The merger of Birla AT&T and Tata Cellular is completed to form IDEA.
2004 :	Board reconstituted with Mr. Kumar Mangalam Birla taking over as Chairman. Completion of the implementation process to de-merge the cement business of L&T and completion of open offer by Grasim, with the latter acquiring controlling stake in the newly formed company UltraTech.

Headquarter
The group is headquartered at Mumbai, Maharashtra.

Present Management
Mr. Kumar Mangalam Birla is the present Chairman of the group. Under his leadership the group has not only sustained existing empire but is also prospering to new heights. The group is spearheaded by Grasim, Hindalco, Indian Rayon, and Indo Gulf Fertilisers.

Group Companies

Group Companies	Indian Companies	Joint Ventures
Grasim Industries Ltd.	PSI Data Systems	Birla Sun Life Insurance
Hindalco Industries Ltd.	TransWorks	Birla Sun Life Asset Management Company Ltd.
Aditya Birla Nuvo Ltd.	Essel Mining & Industries Ltd.	Birla Sun Life Distribution Company Ltd.
Ultra Tech Cement Ltd.	Shree Digvijay Cement Ltd.	Tanfac Industries Ltd.
	Idea Cellular Ltd.
	Birla NGK Insulators
	Bihar Caustic and Chemicals Ltd.

5. Reliance Industries Limited (Mukesh Ambani)
The Reliance Group, founded by Dhirubhai H. Ambani (1932-2002), is India’s largest private sector enterprise, with businesses in the energy and materials value chain. Group’s annual revenues are in excess of USD 27 billion. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India.

The Group’s activities span exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals), textiles and retail.

Reliance enjoys global leadership in its businesses, being the largest polyester yarn and fibre producer in the world and among the top five to ten producers in the world in major petrochemical products.

The Group exports products in excess of USD 15 billion to more than 100 countries in the world. There are more than 25,000 employees on the rolls of Group Companies. Major Group Companies are Reliance Industries Limited (including main subsidiaries Reliance Petroleum Limited and Reliance Retail Limited) and Reliance Industrial Infrastructure Limited.

Milestones

1977 :	Reliance went Public with IPO – Dhirubhai Ambani introduced equity cult in India, a new model of business leadership from a base of the broadcast public shareholding.
1992 :	Reliance raised funds by pioneering foray into overseas capital markets with first ever international GDR offering by an Indian corporate.
1993 :	Reliance Petroleum Limited public issue - India’s largest public offering .
	Reliance pioneered the first ever Euro Convertible Bond issue by an Indian company.
1994 :	Reliance offered the second Euro issue of GDR.
1995 :	Net profit crossed the Rs 1,000 crore mark (Rs 1,065 crores or US$ 338 million), unparalleled in the Indian Private sector.
1996-97:	First corporate in Asia to issue 50 and 100 years bond in US debt market.
	Reliance became the first private sector company to be rated by international credit rating agencies. S&P rated BB+, stable outlook, constrained by the Sovereign Ceiling. Moody’s rated Baa3, Investment grade, constrained by the Sovereign Ceilings.
1998 :	Dhirubhai Ambani was awarded the Dean’s Medal by the Wharton School, University of Pennsylvania, USA, for setting an outstanding example of leadership.
2001 :	Reliance Industries Ltd. and Reliance Petroleum Ltd. became India’s two largest companies in terms of all major financial parameters
	Dhirubhai Ambani was conferred The Economic Times Award for Corporate Excellence for Lifetime Achievement.
2002 :	l	Reliance Infocomm to launch various telecom services on 28th December - beginning with Gujarat, the Infocomm revolution will cover thousands of villages and hundreds of cities across the country. Reliance Infocomm will become a major catalyst for changing the face of India and improving the quality of life of Indians.
	l	Reliance announced India’s biggest gas discovery in nearly three decades and one of the largest gas discoveries in the world during 2002. The in place volume of natural gas is in excess of 7 trillion cubic feet, equivalent to about 1.2 billion barrels of crude oil. This is the first ever discovery by an Indian private sector company.
	l	Reliance acquired control of Indian Petrochemicals Corporation Limited (IPCL) - India’s second largest petrochemicals company.
	l	The merger of Reliance Petroleum Limited with Reliance Industries Limited was announced - largest ever merger in India - Reliance Industries became the largest private sector company in India on all major financial parameters including sales, profits, net worth, assets, and exports.
2003 :	l	Reliance Infocomm acquires FLAG Telecom, a multinational telecom company providing bandwidth through its undersea cable network comprising of over 50,000 kms of undersea fiber optic cable that spans four continents and connects the key regions of Asia, Europe, Middle East and the USA.
	l	Reliance strikes oil in an onshore block in Yemen, where it has an equity oil position.
	l	Reliance’s refinery at Jamnagar was ranked best in Shell Benchmarking for the third consecutive year in ‘Energy and Loss’ performance from amongst 50 refineries worldwide.
	l	BSES, one of the premier utility companies of the country, engaged in the generation, transmission and distribution of electricity becomes part of the Reliance Group and Mr. Anil D Ambani is appointed its Chairman
2004 :	l	Reliance Industries Limited (RIL) emerged as the ‘Petrochemicals Company of the Year’ at the prestigious sixth annual Platts Global Energy Awards ceremony in New York, USA
	l	The European Commission approved the acquisition of the German specialty polyester manufacturer ‘Trevira’ by Reliance.
	l	Reliance Industries emerged as the first and only private sector company from India to feature in the 2004 Fortune Global 500 list of World’s Largest Corporations.
	l	Reliance announced it had struck gas off the Orissa Coast in the Bay of Bengal.
	l	RIL became the first private sector company in India to record a net profit of US dollar of over 1 billion.
2006 :	Reliance becomes India’s first private sector enterprise to cross US$2 billion profit mark.
2007 :	l	RIL completes a landmark acquisition of IPCL.
	l	Reliance Retail entered the organised retail market in India with the launch of its convenience store format under the brand name of ‘Reliance Fresh’.

Headquaters
RIL is headquatered at Nariman Point, Mumbai

Present Management
Chairman & Managing Director – Mukesh Ambani

6. Reliance ADA Group

Reliance Capital
Reliance Capital is one of India’s leading and fastest growing private sector financial services companies, and ranks among the top 3 private sector financial services and banking companies, in terms of net worth.
The company has interests in asset management and mutual funds, life and general insurance, private equity and proprietary investments, stock broking and other activities in financial services.

Reliance Communications Limited
The flagship company of the Reliance – ADA Group, Reliance Communications Limited, is the realisation of their founder’s dream of bringing about a digital revolution that will provide every Indian with affordable means of communication and a ready access to information.
The company began operations in 1999 and has over 20 million subscribers today. It offers a complete range of integrated telecom services. These include mobile and fixed line telephony, broadband, national and international long distance services, data services and a wide range of value added services and applications aimed at enhancing the productivity of enterprises and individuals.

Reliance Energy Limited
Reliance Energy Limited, incorporated in 1929, is a fully integrated utility engaged in the generation, transmission and distribution of electricity. It ranks among India’s top listed private companies on all major financial parameters, including assets, sales, profits and market capitalization.
It is India’s foremost private sector utility with aggregate estimated revenues of Rs 9,500 crore (US$ 2.1 billion) and total assets of Rs 10,700 crore (US$ 2.4 billion).

Reliance Health
In a country where healthcare is fast becoming a booming industry, Reliance Health is a focused healthcare services company enabling the provision of solution to Indians, at affordable prices. The company aims at providing integrated health services that will compete with the best in the world.It also plans to venture into diversified fields like Insurance Administration, Health care Delivery and Integrated Health, Health Informatics and Information Management and Consumer Health.

Reliance Media & Entertainment
As part of the Reliance - ADA Group, Reliance Entertainment is spearheading the Group’s foray into the media and entertainment space. Reliance Entertainment’s core focus is to build significant presence for Reliance in the Entertainment eco-system: across content and distribution platforms.
The key content initiative are across Movies, Music, Sports, Gaming, Internet & mobile portals, leading to direct opportunities in delivery across the emerging digital distribution platforms: digital cinema, IPTV, DTH and Mobile TV.
Reliance ADA Group acquired Adlabs Films Limited in 2005, one of the largest entertainment companies in India, which has interests in film processing, production, exhibition & digital cinema.
Reliance Entertainment has made an entry into the FM Radio business through Adlabs Radio www.big927fm.com Having won 45 stations in the recent bidding, BIG 92.7 FM is already India’s largest private FM radio network with 12 radio stations across the country as on 28th February 2007, with many more to be launched in the coming months.

Headquater
The company has its headquarter in Mumbai

Present Management
Shri Anil D Ambani is the chairman of Reliance ADAG.

7. Mahindra & Mahindra

l	Mahindra & Mahindra Limited (M&M) is a major automaker in India. It is the flagship strategic business unit of the Mahindra Group.
l	The company was set up in 1945 as Mahindra & Mohammed. Later, after the partition of India, Mr. Gulam Mohammed migrated to Pakistan and became that nation’s first finance minister.
l	The company first traded steel with suppliers in England and the United States.
l	Real business activity of M&M began by assembling complete knock down (CKD) Jeeps in 1949. The company expanded to indigenous manufacture of Jeep vehicles with a high level of local content under license from Kaiser Jeep and later American Motors (AMC).
l	M&M soon branched out into manufacturing agricultural tractors and light commercial vehicles (LCVs). It later expanded its operations to secure a significant presence in many more important sectors.
l	The company has now transformed itself into a group of business units that caters to the Indian and overseas markets with a presence in vehicles, farm equipment, information technology, trade and finance related services, as well as infrastructure development.
l	By 2005, M&M had become the largest producer of SUVs in India. The company has recently started a separate sector, the Mahindra Systems and Automotive Technologies (MSAT), to focus on developing components and offering engineering services.
l	Mahindra & Mahindra rapidly grew from being a maker of army vehicles to a major automobile and tractor manufacturer with a growing global appetite.
l	It made strategic acquisitions of plants in China and the United Kingdom, and has three assembly plants in the USA. M&M has partnerships with international companies like Renault SA, France, Nissan and International Truck and Engine Corporation, USA.
l	M&M made its entry into the passenger car segment with Logan in April 2007 under the Mahindra Renault JV.
l	M&M will make its maiden entry into the heavy trucks segment with Mahindra International, the joint venture with International Truck, USA.
l	M&M’s Automotive Sector makes a wide rage of vehicles including MUVs, LCVs and three wheelers. M&M is the largest manufacturer of MUVs, offering over 20 models including new generation multi-utility vehicles like the Scorpio and the Bolero. The company is a market leader in the Utility Vehicle segment.
l	M&M’s products are being exported to the USA, Russia and several other countries in Africa, Asia, Europe and Latin America. Its global subsidiaries include Mahindra Europe Srl. based in Italy, Mahindra USA Inc., Mahindra South Africa and Mahindra (China) Tractor Co. Ltd.
l	M&M is the third largest tractor company in the world. It is also the largest manufacturer of tractors in India with sustained market leadership of around 24 years. It designs, develops, manufactures and markets tractors as well as farm implements.

Headquater
The company is headquatered in Mumbai

Present Management
Keshub Mahindra is Chairman and Anand G.Mahindra is the Vice-Chairman & Managing Director.