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79-636: TTM may refer to: Business and finance [ edit ] Ticket symbol for Tata Motors on the New York Stock Exchange Telegraphic transfer middle rate, an exchange rate convention in Japan Televiziunea Târgu-Mureș , a Romanian local television station Thailand Tobacco Monopoly , a state enterprise in Thailand Time to market ,

158-447: A 30.2KWh lithium-ion battery and a consistent range of 312 km on a single charge. It is also equipped with fast charging technology, which can charge the vehicle from 0% - 80% in 60 minutes. Tata Passenger Electric Mobility is a subsidiary which produces electric cars under the brand name Tata Motors. List of Tata electric vehicles: The Nano was launched in 2009 as a city car intended to appeal as an affordable alternative to

237-772: A big favour by buying JLR ." In the 2000s, Tata Motors made a series of acquisitions and partnerships, acquiring Daewoo 's South Korea-based truck manufacturing unit, a joint venture with the Brazil-based Marcopolo, Tata Marcopolo Bus , Jaguar Land Rover., Hispano Carrocera, and an 80% stake in the Italian design and engineering company Trilix. On 12 October 2021, private equity firm TPG invested $ 1 billion in Tata Motors' electric vehicle subsidiary. Tata Motors has vehicle assembly operations in India,

316-619: A company specializing in IT and infrastructure maintenance in the near future. In March 2011, Hitachi agreed to sell its hard disk drive subsidiary, HGST , to Western Digital for a combination of cash and shares worth US$ 4.3 billion. Due to concerns of a duopoly of WD and Seagate Technology by the EU Commission and the Federal Trade Commission , Hitachi's 3.5" HDD division was sold to Toshiba . The transaction

395-548: A concept in health psychology Trichotillomania , a disorder characterized by the urge to pull out one's hairs Other uses [ edit ] Talk to Me (2022 film) , an Australian horror film Texas Transportation Museum The Three Musketeers , a novel by Alexandre Dumas Todos Tus Muertos , an Argentine rock music group Tshakhuma Tsha Madzivhandila F.C. , a South African professional football club TTM (programming language) Tun Tun Min , Burmese Lethwei fighter Turntablist transcription methodology ,

474-484: A musical notation system for scratching and turntablism Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title TTM . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=TTM&oldid=1243032683 " Category : Disambiguation pages Hidden categories: Short description

553-543: A new National Automotive Innovative Campus would be built at WMG at Warwick's main campus at a cost of 92 million pounds. The initiative will be a partnership between Tata Motors, the university, and Jaguar Land Rover, with the 30 million pounds in funding coming from Tata Motors. Tata Motors and Hyundai are in a joint venture to provide the automatic transmission for Tata Safari & Tata Harrier model. For details of Land Rover and Jaguar products, see Jaguar Land Rover . Tata Motors has unveiled electric versions of

632-489: A pivotal moment following the 2008 global financial crisis . This crisis led to a record loss of 787.3 billion yen, prompting a strategic overhaul. The company concentrated its efforts on the 'Social Innovation Business', capitalising on its strengths in infrastructure and IT, and underwent major structural changes. These involved consolidating unprofitable operations and venturing into new fields such as digital systems and renewable energy, adapting to changing market dynamics. As

711-566: A private enterprise" to proceed. In October 2019, the talks between Honda and Hitachi to consolidate their four automotive parts businesses, Showa , Nissin and Keihin of the former and the latter's Hitachi Automotive Systems, have reportedly begun, resulting in the creation of a "mega supplier" named Hitachi Astemo incorporated in January 2021. In March 2020, an improved version of the L0 Series SCMaglev rolling stock for

790-423: A result of these strategic moves, Hitachi returned to profitability by March 2011. Today, Hitachi's corporate activities are organised into three large sections: Digital Systems and Services, Green Energy and Mobility, and Connective Industries. The Digital Systems and Services segment features Lumada. This segment focuses on business processes and operational efficiency. This segment accounted for 21.9 percent of

869-646: Is a 6-speed, available in both manual and automatic. Tata Harrier is derived from the H5X Concept displayed at the 2018 Auto Expo. It was launched on 23 January 2019. The car is a C-segment crossover SUV based on the OmegaArc platform , an essentially re-engineered version of the Jaguar Land Rover D8 platform. A petrol variant of the Harrier is confirmed to launch in 2022–23. Tata Harrier

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948-595: Is a commercial vehicle manufacturer headquartered in Gunsan , Jeollabuk-do South Korea , and a wholly owned subsidiary of Tata Motors. It is the second-largest heavy commercial vehicle manufacturer in South Korea and was acquired by Tata Motors in 2004. The principal reasons behind the acquisition were to reduce Tata's dependence on the Indian commercial vehicle market (which was responsible for around 94% of its sales in

1027-769: Is also a recent acquisition of TML Drivelines. TML Drivelines was formed through the merger of HV Transmission and HV Axles. Tata Technologies Limited (TTL) is a 43%-owned subsidiary of Tata Motors which provides design, engineering, and business process outsourcing services to the automotive industry. It is headquartered in Pune 's Hinjawadi business district and also has operations in London , Detroit and Thailand . Its clients include Ford, General Motors , Honda , and Toyota . The British engineering and design services company Incat International, which specialises in engineering and design services and product lifecycle management in

1106-592: Is also available in Nepal with the name H5. Hitachi Hitachi is listed on the Tokyo Stock Exchange and is a key component of the Nikkei 225 and TOPIX Core30 indices. As of June 2024, it has a market capitalisation of 16.9 trillion yen, making it the fourth largest Japanese company by market value. In terms of global recognition, Hitachi was ranked 38th in the 2012 Fortune Global 500 and 129th in

1185-976: Is different from Wikidata All article disambiguation pages All disambiguation pages Tata Motors Tata Motors Limited is an Indian multinational automotive company, headquartered in Mumbai and part of the Tata Group . The company produces cars , trucks , vans , and buses . Subsidiaries include British Jaguar Land Rover and South Korean Tata Daewoo . Tata Motors has joint ventures with Hitachi ( Tata Hitachi Construction Machinery ) and Stellantis , which makes vehicle parts for Fiat Chrysler and Tata-branded vehicles. Tata Motors has auto manufacturing and vehicle plants in Jamshedpur , Pantnagar , Lucknow , Sanand , Dharwad , and Pune in India, as well as in Argentina , South Africa ,

1264-566: Is present in many countries, it has managed to create a large consumer base in the Indian subcontinent , namely India, Bangladesh, Bhutan, Sri Lanka and Nepal. Tata is also present in Italy, Spain, Poland, Romania, Turkey, Chile , South Africa, Oman, Kuwait, Qatar, Saudi Arabia, United Arab Emirates, Bahrain, Iraq, Syria and Australia. Tata Daewoo (officially Tata Daewoo Commercial Vehicle Company and formerly Daewoo Commercial Vehicle Company)

1343-610: Is sold through Diesel & Motor Engineering (DIMO) PLC under the name of DIMO Batta. Tata Prima is a range of heavy trucks first introduced in 2008 as the company's 'global' truck. Tata Prima was the winner of the 'Commercial Vehicle of the Year' at the Apollo Commercial Vehicles Awards, 2010 and 2012. The Tata 407 is a light commercial vehicle (LCV) that has sold over 500,000 units since its launch in 1986. In India, this vehicle dominates market share of

1422-692: Is spread across Jamshedpur ( Jharkhand ), Pune (Maharashtra), Lucknow (Uttar Pradesh), Pantnagar (Uttarakhand), Dharwad (Karnataka) and Sanand (Gujarat). Tata's dealership, sales, service, and spare parts network comprise over 3,500 touchpoints. Tata Motors has more than 250 dealerships in more than 195 cities across 27 states and four Union Territories of India. It has the third-largest sales and service network after Maruti Suzuki and Hyundai . Tata also has franchisee/joint venture assembly operations in Kenya, Bangladesh, Ukraine, Russia, and Senegal. Tata has dealerships in 26 countries across 4 continents. Tata

1501-567: Is taking for 2016 an estimated ¥65 billion write-off in value of a SILEX technology laser uranium enrichment joint venture with General Electric . In February 2017, Hitachi and Honda announced a partnership to develop, produce and sell motors for electric vehicles. Also in 2017, private equity firm KKR bought Hitachi Kokusai's (itself a subsidiary of Hitachi) semiconductor equipment division, becoming Kokusai Electric . In 2019, Applied Materials announced that it would acquire Kokusai Electric from KKR for US$ 2.2 billion. The deal

1580-595: Is to 'contribute to society through the development of superior, original technology and products'. This ethos is evident in its leadership, as all its 12 CEOs, including founder Odaira, have engineering backgrounds. Remarkably, 8 out of the 12 consecutive CEOs, including Odaira, are alumni of the University of Tokyo 's Faculty of Engineering. Historically recognised for its technology and industrial products, including electric generators , consumer electronics , trains , computers , and nuclear reactors , Hitachi faced

1659-465: Is widely used by transport corporations in many Indian cities. Its manufacturing facility is based in Dharwad, Karnataka State, India and Lucknow , India. In December 2020, Marcopolo and Tata Motors came to an agreement, whereby Tata Motors would purchase the 49 percent stake held by Marcopolo in the bus-making joint venture for ₹ 100 crore , bringing curtains to the 14-year old partnership and paving

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1738-573: The Chuo Shinkansen was introduced, marking the first magnetically levitated train manufactured by Hitachi. In September 2020, Hitachi abandoned plans to create nuclear power plants in Gloucestershire and Wales due to issues with funding due to the impact of COVID-19 . In the same month, Hitachi Capital agreed to be bought by its second-largest shareholder, business partner, and former rival Mitsubishi UFJ Lease , which invested in

1817-745: The Jaguar XE , the Jaguar XJ (X351) , the second-generation Range Rover Sport , and Jaguar XF , the fourth-generation Land Rover Discovery , Range Rover Velar and the Range Rover (L405) . JD Power, of the US, rates Land Rover and Jaguar as the two worst brands for initial quality. The Jaguar F-Pace made Consumer Reports February 2019 list of the 10 Least Reliable Cars. The editors cited "electronics, drive system, power equipment, noises and leaks" as problematic aspects. The Jaguar Land Rover subsidiary

1896-523: The Tata Indica passenger car powered by TM4 electric motors and inverters, as well as the Tata Ace commercial vehicle, both of which run on lithium batteries which launched in 2022. In 2008 Tata Motors' UK subsidiary, Tata Motors European Technical Centre, bought a 50.3% holding in electric vehicle technology firm Miljøbil Grenland/Innovasjon of Norway for US$ 1.93 million, and planned to launch

1975-801: The United Kingdom , and Thailand . It has research and development centers in Pune, Jamshedpur, Lucknow, Dharwad, India and South Korea , the United Kingdom, and Spain . Tata Motors is listed on the BSE and NSE , and is a constituent of the BSE SENSEX and NIFTY 50 benchmark indices. The company is ranked 265th on the Fortune Global 500 list of the world's biggest corporations as of 2019. On 17 January 2017, Natarajan Chandrasekaran

2054-552: The purge of key pre-war Japanese figures ended. However, he died in October of the same year at age 77. Despite these challenges, Hitachi demonstrated strong resilience, quickly recovering its pre-war production and technology levels and expanding its business scope. In 1949, Hitachi built its first power shovel, marking the start of what is now Hitachi Construction Machinery . The company also innovated in electric generators during this period. Furthermore, in 1960, Hitachi developed

2133-399: The 2012 Forbes Global 2000 . Hitachi is a highly globalised conglomerate. In the fiscal year 2023, it generated approximately 61% of its total revenue of 9.7 trillion yen from international markets. The major contributors to this global revenue were Asia , Europe , and North America , with each region accounting for 22%, 16%, and 16% of the total revenue, respectively. Hitachi's mission

2212-601: The Darlington site in Ontario, Canada. OPG and GE-Hitachi will be collaborating on the design, planning and preparation of license materials for the construction of Canada's first SMR which is planned to enter operation in 2028. Hitachi, with its focus on energy, information technology, and infrastructure, has seen a significant improvement in profitability since the record loss in 2009. Reflecting this, Hitachi’s market capitalisation has more than octupled since 2010, becoming

2291-552: The Hitachi HM6147 chip, developed by a Hitachi team led by Toshiaki Masuhara, was able to match the Intel's flagship 2147 HMOS's performance with 87 per cent less power. Until the early 1980s, American semiconductor producers were focusing on the development and production of NMOS transistors, with which they dominated the global market, while Hitachi invested heavily in developing efficient CMOS transistors. This success led to

2370-570: The Hitachi NAS Platform. Since September 19, 2017, Hitachi Data Systems (HDS) has become part of Hitachi Vantara, a new company that unifies the operations of Pentaho , Hitachi Data Systems and Hitachi Insight Group. The company name "Hitachi Data Systems" (HDS) and its logo is no longer used in the market. Hitachi Consulting , the group's international management and technology consulting subsidiary with headquarters in Dallas, Texas,

2449-546: The Hitachi subsidiary in 2016. In November 2020, it announced that Hitachi Metals and Hitachi Construction Machinery , both being some of the last remaining listed subsidiaries, will likely be detached from the group according to the restructuring plan. In December, Hitachi sold a 60% stake in its overseas home appliance business to Turkish Arcelik for US$ 300 million. In December 2021, it was announced by OPG that they had selected GE-Hitachi to construct two BWRX-300 reactors at

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2528-514: The Indica in 1998. A newer version of the car, named Indica V2, later appeared. Tata Motors also exported cars to South Africa. In 1999, Tata Motors had a setback and decided to sell the car business. US auto giant, Ford was seen an ideal candidate. Officials from Ford came to Bombay House to talk with Tata. During the meeting at the Tata headquarters, American company evinced interest in buying out

2607-516: The LCV category, accounting for close to 75% of LCV sales. The 407 model range includes trucks , tippers, pick-ups and vehicles for agri/food products, construction , light mining and services. Tata Harrier is a 5-seater SUV that rivals the MG Hector and Jeep Compass . This car uses the engine from Fiat which is a 2.0 L-4 cylinder turbocharged diesel motor and transmission from Hyundai which

2686-475: The MHCV segment and around 84% in the light commercial vehicle segment) and expand its product portfolio by leveraging on Daewoo's strengths in the heavy-tonnage sector. Tata Motors has jointly worked with Tata Daewoo to develop trucks such as Novus and World Truck and buses including GloBus and StarBus. In 2012, Tata began developing a new line to manufacture competitive and fuel-efficient commercial vehicles to face

2765-498: The Range Rover, Defender, Discovery and Jaguar brands, with the potential to also supply other car manufacturers. Production at the new facility is due to start in 2026. Fiat-Tata is an India-based joint venture between Tata and Stellantis ' Fiat which produces Jeep and Tata branded passenger cars, as well as engines and transmissions. Tata Motors has gained access to Fiat's diesel engine and transmission technology through

2844-507: The UK, from E.ON and RWE for £700 million. In November 2012, Hitachi and Mitsubishi Heavy Industries agreed to merge their thermal power generation businesses into a joint venture to be owned 65% by Mitsubishi Heavy Industries and 35% by Hitachi. The joint venture named Mitsubishi Hitachi Power Systems (MHPS) began operations in February 2014. In 2020 Hitachi transferred its share of

2923-483: The United Kingdom, South Korea, Thailand, Spain, and South Africa. It plans to establish plants in Turkey, Indonesia, and Eastern Europe. Tata Motors Cars is a division of Tata Motors which produces passenger cars under the Tata Motors hood. Tata Motors is among the top five passenger vehicle brands in India with products in the compact, midsize car, and utility vehicle segments. The company's manufacturing base in India

3002-490: The United Kingdom, expanded in the 2010s, with Hitachi Newton Aycliffe starting operations in October 2015. Following the Fukushima Daiichi nuclear disaster in 2011 and the extended temporary closure of most Japanese nuclear plants, Hitachi's nuclear business became unprofitable and in 2016 Hitachi CEO Toshiaki Higashihara argued Japan should consider a merger of the various competing nuclear businesses. Hitachi

3081-643: The automotive and electronics industries. Among the Hitachi Metals facilities is Hitachi Metal Yasugi Works or Tatara Works, one of the oldest furnaces in Japan, famously featured as a main backdrop in Princess Mononoke , a Japanese animation film set in the Muromachi period . As of September 2020, Hitachi Metals is set to be divested as part of the long-term restructuring plan being executed by

3160-493: The automotive, aerospace, and engineering sectors, is a wholly owned subsidiary of TTL. It was acquired by TTL in August 2005 for ₹ 4 billion. In 2017, TAL, a subsidiary of Tata Motors, manufactured India's first industrial articulated robot for micro, small, and medium enterprises. The Tata Motors European Technical Centre (TMETC) is an automotive design, engineering, and research company based at WMG, University of Warwick on

3239-553: The business. To take the deal forward, Ratan Tata and his team flew to Detroit, USA to meet with the Ford 's chairman, Bill Ford . The meeting lasted for three hours. During the meeting, Ford humiliated Tata by saying that they should have never started Tata Motors when they didn’t have a clue about manufacturing cars. Recalling this incident Tata group veteran, Praveen Kadle who was in the meeting said, that Ford told them, "You do not know anything about passenger cars, why did you start

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3318-515: The campus of the University of Warwick in England. It was established in 2005 and is a wholly owned subsidiary of Tata Motors. It was the joint developer of the World Truck. In September 2013, it was announced that a new National Automotive Innovation Campus would be built at WMG at Warwick's main campus at a cost of £100 million. The initiative will be a partnership between Tata Motors,

3397-515: The company started manufacturing elevators and electric refrigerators. World War II and its aftermath significantly impacted Hitachi, leading to the destruction of factories, post-war internal discord, and the removal of founder Namihei Odaira by the Allied occupational forces. Hitachi went public in 1949, listing on the Tokyo Exchange (TYO:6501). Odaira returned to the company in 1951 when

3476-544: The company, making it difficult to implement fundamental solutions. These delays in essential reforms proved detrimental when facing the 2007–2008 financial crisis and led to the record loss. This prompted Hitachi to restructure and sell a number of divisions and businesses under the leadership of Takashi Kawamura . From 2008 to 2018, Hitachi reduced the number of its listed group companies and consolidated subsidiaries in Japan from 22 to 4 and around 400 to 202, respectively, through restructuring and sell-offs. It plans to become

3555-489: The compatriot auto suppliers. The rest of the group companies include: Bought by Mitsubishi , it had been the group's financial business arm. Spin-off entities from Hitachi Works include Hitachi Cable (1956) and Hitachi Canadian Industries Limited (founded 1988 in Saskatoon and closed in 2016 as Mitsubishi-Hitachi Power Systems). As Hitachi pulled out of MHPS and handed over the control to MHI , Hitachi Works

3634-562: The competition posed by the entry of international brands such as Mercedes-Benz, Volvo, and Navistar into the Indian market. Tata Hispano Motors Carrocera, S.A. was a bus and coach manufacturer based in Zaragoza, Aragon, Spain, and a wholly owned subsidiary of Tata Motors. Tata Hispano has plants in Zaragoza, Spain, and Casablanca, Morocco. Tata Motors first acquired a 21% stake in Hispano Carrocera SA in 2005, and purchased

3713-591: The electric Indica hatchback in Europe the following year. In September 2010, Tata Motors presented four CNG–Electric Hybrid low-floored Starbuses to the Delhi Transport Corporation, to be used during the 2010 Commonwealth Games . These were the first environmentally friendly buses to be used for public transportation in India. In December 2019, Tata Motors unveiled the Nexon EV, an SUV with

3792-463: The first consumer HDD with a storage of 1 TB, which was released in the same year. In FY2008, Hitachi lost US$ 7.8 billion, the largest corporate loss in Japanese history up to that point. Since its zenith in the 1980s and 1990s, a number of departments had suffered a decline in efficiency. However, being one of the largest conglomerates in the world at the time, conflicts of interest existed across

3871-410: The former's wholly owned Hitachi Automotive Systems, to be better equipped for the changing car market environment, frequently represented as CASE, for which they will integrate their assets to accelerate development of new technology and software. Hitachi Astemo is considered a "mega supplier", as annual sales of the four predecessors combined stood at $ 17 billion, placing it as the second largest among

3950-737: The fourth largest company in Japan by market capitalisation in June 2024. Hitachi Vantara is a wholly owned subsidiary of Hitachi which provides hardware, software and services to help companies manage their digital data. Its flagship products are the Virtual Storage Platform (for enterprise storage), Hitachi Unified Storage VM for large-sized companies, Hitachi Unified Storage for small and mid-sized companies, Hitachi Content Platform (archiving and cloud architecture), Hitachi Command Suite (for storage management), Hitachi TrueCopy and Hitachi Universal Replicator (for remote replication), and

4029-591: The group. Hitachi is a major rolling stock manufacturer. Hitachi acquired Italian rolling stock manufacturer AnsaldoBreda in 2015, renaming it Hitachi Rail Italy Hitachi Astemo, which stands for "Advanced Sustainable Technologies for Mobility", is a 67-33 joint venture between Hitachi and Honda , which merged their four auto parts affiliates and division, the latter's three keiretsu companies Showa Corporation , Keihin Corporation , and Nissin Kogyo , and

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4108-452: The joint venture. The two companies formerly also had a distribution joint venture through which Fiat products were sold in India through joint Tata-Fiat dealerships. This distribution arrangement was ended in March 2013; Stellantis cars have since been distributed in India by Fiat Automobiles India Limited , a wholly owned subsidiary of Stellantis. In September 2013 it was announced that

4187-509: The kanji for 'sun' (日, hi ) and 'rise' (立, tachi ), was coined by Odaira. While industrial machinery in Japan was usually powered by steam at the time, Odaira built water power stations in the mine and electrified almost all facilities in the factory. This led to the accumulation of expertise in electrical engineering, and helped the company develop various electrical equipment later in its history. In 1924, Hitachi completed Japan's first mainline electric locomotive ( JNR Class ED15 ). In 1932,

4266-468: The length of time it takes from a product being conceived to its being available for sale Trailing twelve months , the most-recent year of financial results TTM Technologies , an American printed circuit board manufacturer Science and medicine [ edit ] Targeted temperature management , therapeutic interventions to maintain a person's temperature at a specific value Traditional Tibetan medicine Transtheoretical model of change,

4345-465: The passenger car division at all? We are doing a favour by buying your car division". This incident made Ratan Tata to step back from the deal and concentrate on the Tata Motors' car division. Later in 2008, during the Great Recession , Ford verged on bankruptcy. Tata offered to buy their Jaguar Land Rover for $ 2.3 billion. Ford chairperson thanked Tata by saying "You are doing us

4424-490: The possibility of a sale of JLR to another entity. In July 2023, Tata announced its plans to invest £4 billion to build an electric car battery factory in the UK, which will be one of the largest of its kind in Europe. The factory will be the company's first battery production facility outside India. Located in Bridgwater , Somerset , the factory will supply Jaguar Land Rover's future battery electric models, including

4503-571: The process. In October   2021, the enterprise was rebranded Hitachi   Energy . In 2019, Hitachi sold its medical imaging business to Fujifilm for US$ 1.7 billion. Showa Denko bought Hitachi Chemical from Hitachi and other shareholders, at US$ 42.97 per share. Until then, Hitachi Chemical had been considered to be a core unit of the group. Hitachi also suspended the ABWR development by its British subsidiary Horizon Nuclear Power as it did not provide adequate "economic rationality as

4582-419: The remaining 79% for an undisclosed sum in 2009, making it a fully owned subsidiary, subsequently renamed Tata Hispano. In 2013, Tata Hispano ceased production at its Zaragoza plant. TML Drivelines Ltd. is a wholly owned subsidiary of Tata Motors engaged in the manufacture of gearboxes and axles for heavy and medium commercial vehicles. It has production facilities at Jamshedpur and Lucknow. TML Forge division

4661-705: The rising demand for Ace. The Ace was built with a load body produced by Autoline Industries. By 2005, Autoline was producing 300 load bodies per day for Tata Motors. Ace is still a top seller for TML with 500,000 units sold by June 2010. In 2011, Tata Motors invested Rs 1000 crore in Dharwad Plant, Karnataka, with the capacity of 90,000 units annually and launched two models of 0.5-T capacity as Tata Ace Zip, Magic Iris. Ace has also been exported to several Asian, European, South American, and African countries and all-electric models are sold through Polaris Industries' Global Electric Motorcars division. In Sri Lanka, it

4740-699: The section of the Indian populace that is primarily the owner of motorcycles and has not bought their first car. Initially priced at ₹100,000 (US$ 1,500), the vehicle attracted a lot of attention for its relatively low price. However, the Nano was very poorly rated for safety and in 2018, Cyrus Mistry, chairman of the Tata Group, called the Tata Nano a failed project, with production ending in May 2018. Tata Ace, India's first indigenously developed sub-one-ton minitruck ,

4819-460: The server-side system. Other contactless fare card systems such as ICOCA and PASMO have been introduced throughout the country since, almost all of which are modelled after Suica and thus mutually compatible. It is now widely used as a contactless payment system in non-railway business as well, and Hitachi has been involved in the series of developments in this area. At the CES 2007 , Hitachi revealed

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4898-526: The total revenue in FY2022. Founded in 1910 in Ibaraki Prefecture by electrical engineer Namihei Odaira, Hitachi's first product was Japan's inaugural 4-kilowatt induction motor, designed for copper mining. Originally an in-house venture of Fusanosuke Kuhara's mining company, Hitachi became independent in 1911 and moved its headquarters to Tokyo in 1918. The company's name 'Hitachi', combining

4977-430: The total revenue in FY2022. In the Connective Industries segment, Hitachi offers building systems such as elevators and escalators, healthcare with a focus on less invasive cancer treatments and diverse medical equipment, and a variety of industrial equipment such as air compressors and transformers. Additionally, the segment provides sustainable water and wastewater management. This segment accounted for 27.3 per cent of

5056-520: The total revenue in FY2022. The Green Energy and Mobility segment focuses on developing and providing power systems. This includes power generation, transmission, and distribution systems. In the rail industry, the company is a provider of rolling stock and traction equipment to signaling, traffic management systems, and maintenance depots. A key component of this segment is the ZeroCarbon suite, designed to enable fleet operators to transition to electric vehicles. This segment accounted for 22.9 per cent of

5135-583: The university, and Jaguar Land Rover, with £30 million in funding coming from Tata Motors. Tata Marcopolo is a bus-manufacturing company which was established as a joint venture between Tata Motors (51%) and the Brazil-based Marcopolo S.A. (49%). The company manufactures and assembles fully built buses and coaches targeted at developing mass rapid transportation systems. It uses technology and expertise in chassis and aggregates from Tata Motors, and know-how in processes and systems for bodybuilding and bus body design from Marcopolo. Tata Marcopolo's low-floor city bus

5214-403: The venture to MHI. In October 2015, Hitachi completed a deal with Johnson Controls to form a joint venture that would take over Hitachi's HVAC business. Hitachi maintained a 40% stake in the resulting company, Johnson Controls-Hitachi Air Conditioning. In May 2016, Hitachi announced it was investing $ 2.8 billion into its IoT interests. Hitachi’s rail business in Europe , especially in

5293-456: The way for a smooth exit for the Brazilian company. The deal was completed on August 29, 2022. The deal allowed Tata Motors to continue using the ‘Marcopolo’ trademark for a minimum of three years with a non-compete provision in India for a corresponding period. Jaguar Land Rover PLC is a premium British automaker headquartered in Whitley, Coventry , United Kingdom, and has been a wholly owned subsidiary of Tata Motors since June 2008, when it

5372-406: The world's first electric train seat reservation system, MARS-1 , for Japanese National Railways , allowing nationwide booking for express train seats. Around the same time, Hitachi began expanding its business overseas, with the establishment of Hitachi America, Ltd. 1959. In 1961, Hitachi began selling fully-automated washing machines and completed its first experimental nuclear reactor. In 1964,

5451-417: The world's first fully MOX -fuelled nuclear power station, Fugen . This was an innovative initiative, as MOX was seen as an efficient way of utilising plutonium from nuclear waste, which would otherwise have to be stored in security to ensure that it is not used to build nuclear weapons. In 1978, Hitachi's Twin-Well Hi- CMOS process ushered in a new era in the global semiconductor industry . For instance,

5530-402: The world's first high-speed railway line, the Shinkansen , opened. Hitachi not only built the innovative Series 0 rolling stock but also played a crucial part in developing the equally pioneering Automatic Train Control system (ATC) and the Computer-Aided Traffic Control System (COMTRAC). These contributions helped achieve the Shinkansen's punctual and safe operation. In 1977, Hitachi completed

5609-404: The world's three largest manufacturers by revenue all being Japanese companies by 1987, amongst which Hitachi was counted. Hitachi Europe, Ltd. was established in 1982. In 2001, the contactless fare card system Suica was introduced at 424 JR East stations throughout the Greater Tokyo Area. While the card itself was developed using Sony 's FeliCa system, Hitachi was responsible for building

5688-477: Was acquired from Ford Motor Company of USA. Its principal activity is the development, manufacture and sale of Jaguar luxury and sports cars and Land Rover premium four-wheel-drive vehicles. Jaguar Land Rover has two design centres and three assembly plants in the United Kingdom. Under Tata ownership, Jaguar Land Rover has launched new vehicles including the Range Rover Evoque , Jaguar F-Type ,

5767-537: Was also transferred, becoming part of Mitsubishi Power. Other former businesses Hitachi had had include the following: Hitachi has research partnerships with several universities, and funds research centres within these universities. Hitachi-UTokyo Lab., which is a joint research centre with the Faculty of Engineering , University of Tokyo , focuses on the realisation of data-driven and more efficient society (Former Chairman and UTokyo alumnus Hiroaki Nakanishi coined

5846-677: Was appointed chairman of the company Tata Group . Tata Motors increased its UV market share to over 8% in FY2019. Tata Motors was founded in 1945, as a locomotive manufacturer. Tata Group entered the commercial vehicle sector in 1954 after forming a joint venture with Mercedes-Benz of Germany in which Tata developed a manufacturing facility in Jamshedpur for Daimler lorries. By November 1954 Tata and Daimler manufactured their first goods carrier chassis at their Jamshedpur plant with 90-100 hp and capacity of 3-5 tons. Tata launched

5925-533: Was completed in March 2012. In January 2012, Hitachi announced it would stop producing televisions in Japan. In September 2012, Hitachi announced that it had invented a long-term data solution out of quartz glass that was capable of preserving information for millions of years. In October 2012, Hitachi agreed to acquire the United Kingdom-based nuclear energy company Horizon Nuclear Power , which plans to construct up to six nuclear power plants in

6004-536: Was integrated with Hitachi Vantara in 2019. On November 1, 2023, Hitachi spun off Hitachi Vantara LLC's digital solutions business into a new company, Hitachi Digital Services; Hitachi Vantara now focuses on its storage and hybrid cloud-centric data infrastructure services portfolio. Among other things, Hitachi Metals supplies materials for aircraft engines and fuselage components (e.g. landing gear), along with finished components for same and other aerospace applications. It also provides materials, components and tools for

6083-677: Was later terminated in 2021. In 2017, KKR also bought Hitachi's power tools subsidiary Hitachi Koki for US$ 1.3 billion, changing its name to Koki Holdings (HiKOKI) and marketing its tools as Metabo HPT in the US market. In 2018, Hitachi stopped selling televisions in Japan because its market share had dropped to 1%, opting to sell Sony TVs through its existing dealer network. On March 14, 2018, Zoomdata announced its partnership with Hitachi INS Software to help develop big data analytics market in Japan. In December 2018, Hitachi Ltd. announced it would take over 80% of ABB 's power grid division for $ 6.4 billion renaming it Hitachi-ABB Power Grids in

6162-468: Was launched in May 2005. The minitruck was a huge success in India with auto analysts claiming that Ace had changed the dynamics of the light commercial vehicle (LCV) market in the country by creating a new market segment termed the small commercial vehicle segment. Ace rapidly emerged as the first choice for transporters and single truck owners for city and rural transport. By October 2005, LCV sales of Tata Motors had grown by 36.6% to 28,537 units due to

6241-535: Was struggling by 2019 and Tata Motors wrote down its investment in JLR by $ 3.9 billion. Much of the financial problem was due to a 50% drop in sales in China during 2019, although the situation was improving. Still, Tata was open to considering a partnership with another company according to a statement in mid-October, as long as the partnership agreement would allow Tata to maintain control of the business. The company ruled out

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