Analysis Of Tata Group

895 Words2 Pages

INTRODUCTION OF TATA GROUP
Ranging from steel, automobiles and software to consumer goods and telecommunications theTATA Group operates in more than 80 companies . It has around 200,000 employees all across India and has the pride to be nation‘s largest private employer. Mr. Ratan N. Tata has led the eminent Tata Group successfully. Mr. Tata was trained as an architect at New York's Cornell University but he chose to enter the family business .He assumed the Chairmanship of the Group in 1991. Named Business Man of the Year for Asia by Forbes in 2004, Mr. Ratan Tata serves on the board of the Ford Foundation and the program board of the Bill & Melinda Gates Foundation's India AIDS initiative. Tata Group chairman Ratan Naval Tata has stepped …show more content…

"Corporate Social Responsibility should be in the DNA of every organization. Our processes should be aligned so as to benefit the society. If society prospers, so shall the organization..." - Manoj Chakravarti, G M - Corporate Affairs & Corporate Head - Social Responsibility, Titan Industries Limited in 2004.
Corporate Social Responsibility has always been taken care by the Tata group. The founder Mr. Jamshedji Tata used to grant scholarships for further studies abroad in 1892 . He also supported Gandhiji‘s campaign for racial equality in South Africa . Tata group gave country its first science centre and atomic research center . "The wealth gathered by Jamsetji Tata and his sons in half a century of industrial pioneering formed but a minute fraction of the amount by which they enriched the nation. Jam shed Irani, Director, Tata Sons Ltd, says, "The Tata credo is that 'give back to the people what you have earned from them'. So from this, Jamshetji Tata and his family have been following this principle." In July 2004, B. Muthuraman, Managing Director, Tata Steel Limited (TISCO) announced that in future TISCO would not deal with companies, which do not conform to the company's Corporate Social Responsibility (CSR) standards. Speaking at the annual general meeting of the Madras Chamber of Commerce …show more content…

The healthcare projects of Tata Steel include facilitation of child education, immunization and childcare, plantation activities, creation of awareness of AIDS and other healthcare projects .It is for the healthy India. as the saying goes - ' healthy mind resides in healthy body'.
Economic Empowerment
A program focusing at economic empowerment through improvised agriculture has been taken up in three backward tribal blocks in Jharkhand, Orissa and Chhattisgarh. An expenditure of around Rs 100 crore has been estimated for this purpose and this program is expected to benefit 40,000 tribal living in over 400 villages in these three States .This way Tata steel is giving back to the society by sharing some revenue to the society.
2. TATA MOTORS
Tata Motors is the first Indian Company to introduce vehicles with Euro norms. This shows his commitment towards green India initiative. Tata Motors has planted 80,000 trees in the works and the township and more than 2.4 million trees have been planted in Jamshedpur region. It has tried to bring back the balance in eco system in it's own ways. In Lucknow, two Societies - Samaj Vikas Kendra & Jan Parivar Kalyan Santhan are formed for rural development & for providing healthcare to the rural areas. These societies have made great efforts for health, education and women empowerment in rural

Open Document