This report is going to analyse and evaluate the internationalisation process of the Tata group. Therefore the three major global acquisitions of Tata companies will be examined and evaluated after a brief introduction concerning the history and important chairmen of the group. Following there will be an analysis of Tata’s competitive advantage as well as a recommendation for their future direction in order to sustain these advantages.
During the last couple of years India, the world’s largest democracy, has also become an important economy not only concerning the inward foreign direct investments from other countries. According to the Investment Country Profiles report on India, the foreign direct investment (fdi) flows abroad have steadily increased since 2000 and peaked in 2007 with US $18.73 billion. In 2011, India reached fdi outflows of US $11.1 billion and most of it flowed to developing economies for example to Africa.
This development is due to the increasing internationalisation of Indian firms like Infosys, Wipro or Ranbaxy. Yet, there is one Indian conglomerate that has shaped this development more significantly than any other, the Tata group. It is the largest private group in India in terms of market share and revenues and it has also played a significant role in the economic history of India Moreover, the Tata group is the leading company in terms of the internationalisation of Indian firms due to some important investments abroad.
Table of Contents
- Introduction
- The Tata group and its development into a multinational enterprise
- The evolution from a vision
- The internationalisation process of the Tata group
- Tata's competitive advantage and future recommendations
- Appendix A
- Appendix B
- References
Objectives and Key Themes
This report aims to analyse and evaluate the internationalisation process of the Tata Group, a leading Indian conglomerate. It explores the group's historical development and key milestones, focusing on its transformation into a multinational enterprise.
- The Tata group's history and evolution from a trading company to a global conglomerate.
- The role of key figures like Jamsetji Tata, Dorab Tata, and Ratan Tata in shaping the group's growth and international expansion.
- The Tata group's internationalisation process, encompassing various methods like exporting, non-equity-based investments, and equity-based investments.
- The impact of economic reforms and globalization on the Tata group's strategies and operations.
- An analysis of the group's competitive advantages and recommendations for its future direction to sustain these advantages.
Chapter Summaries
The first chapter provides an overview of the Tata group, highlighting its significant role in the Indian economy and its increasing international presence. The chapter also introduces the report's scope and structure.
Chapter two delves into the Tata group's development into a multinational enterprise. It explores the group's origins, its evolution from a trading company to a diversified conglomerate, and the key figures who shaped its history. The chapter also examines the Tata group's internationalisation process, outlining different methods for expanding operations beyond India.
Keywords
The Tata group, internationalisation, multinational enterprise, Indian economy, globalisation, competitive advantage, globalization, economic reforms, export-based methods, non-equity-based methods, equity-based methods, Tata Sons, Jamsetji Tata, Dorab Tata, Ratan Tata.
- Quote paper
- Laura Schmiedl (Author), 2015, The Internationalisation Process of the Tata Group, Munich, GRIN Verlag, https://www.grin.com/document/369739
