Company type | Public |
---|---|
Industry | Chemicals |
Founded | 1939[1] |
Headquarters | , India |
Area served | Global |
Key people | Natarajan Chandrasekaran (Chairman) Ramakrishnan Mukundan (MD & CEO) |
Products | Basic and industrial chemicals, nitrogenous and phosphatic fertilizers, industrial refinishing products, coatings and crop nutritions; |
Revenue | ₹15,707 crore (US$1.9 billion) (2024) [2] |
₹1,623 crore (US$190 million) (2024) [2] | |
₹435 crore (US$52 million) (2024) [2] | |
Total assets | ₹36,756 crore (US$4.4 billion) (2024) [2] |
Total equity | ₹23,114 crore (US$2.8 billion) (2024) [2] |
Parent | Tata Group |
Subsidiaries |
|
Website | www |
Tata Chemicals Limited is an Indian multinational corporation with interests in chemicals, crop protection and specialty chemistry products. [3] The company is headquartered in Mumbai and has operations across India, Europe, North America and Africa. [4] Tata Chemicals is a part of the Tata Group and its shares are traded on the NSE and BSE. [5] Tata Chemicals has a publicly listed subsidiary called Rallis India. [6] [7]
Tata Chemicals has the third largest soda ash production capacity plant in India. This was the second soda ash plant built in India by Kapilram Vakil (grandson of late Indian justice Nanabhai Haridas) that started operating in the year 1944. [8] The township Mithapur, derives its name from "Mitha" which means salt in Gujarati language.
Since 2006, Tata Chemicals has owned Brunner Mond, a United Kingdom-based chemical company with operations in Magadi (Kenya). On 27 March 2008, Tata Chemicals Ltd acquired General Chemical of US [9] [10] . With all these acquisitions, combined capacity of production has increased to around 5.17 million tons of soda ash.
In April 2010, Tata Chemicals acquired 25% stake in ammonia-urea fertilizer complex in Gabon for US$290 million. [4] The first phase of the plant will have a full operational capacity of 2.2 billion tons of ammonia and 3.85 billion tons of urea per day. [4]
In 2016, Tata Chemicals sold its urea business to Pune-based Yara India, part of the Norwegian chemical company, Yara International. [11]
In 2019, Tata Group transferred Tata Chemicals' branded food business to Tata Global Beverages (now Tata Consumer Products), in an all-share deal. [12]
In 2022, Tata Chemicals, through its subsidiary Tata Chemicals Europe, set up the UK's first industrial-scale carbon capture and usage plant. [13] The plant can capture 40,000 tonnes of carbon dioxide per annum. [13]
The Research and Development Center Tata Chemicals Innovation Center located at Pune, Maharashtra started operations in 2004. The team of scientists is working in the following areas: Food Science & Technology, Advanced Materials, Green Chemistry, [15] Biochemicals, Metabolites, and Nutraceuticals. Other innovation centers include Rallis Innovation Chemistry Hub (RICH) and Metahelix Life Sciences in Bengaluru, and Tata Chemicals R&D Centre in Mithapur, Gujarat.
Rallis India is a subsidiary of Tata Chemicals, and is listed on both the National Stock Exchange and the Bombay Stock Exchange. [6] [7] Rallis India operates in the agriculture sector and has an India focused business, an international focused business, and a seeds business. [17] Both the India and international businesses focus on crop nutrition and crop protection products. [18] The international business also offers active ingredients, formulations and contract manufacturing services. [18]
National Stock Exchange of India Limited (NSE) is one of the leading stock exchanges in India, based in Mumbai. NSE is under the ownership of various financial institutions such as banks and insurance companies. It is the world's largest derivatives exchange by number of contracts traded and the third largest in cash equities by number of trades for the calendar year 2022. It is the 8th largest stock exchange in the world by total market capitalization, exceeding $5 trillion on May 23, 2024. NSE's flagship index, the NIFTY 50, is a 50 stock index that is used extensively by investors in India and around the world as a barometer of the Indian capital market. The NIFTY 50 index was launched in 1996 by NSE.
Tata Teleservices Limited along with its subsidiary Tata Teleservices (Maharashtra) Limited is an Indian internet services provider and IT services company headquartered in Mumbai, India. It is listed on BSE and NSE in India.
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Tata Power Company Limited is an Indian electric utility and electricity generation company based in Mumbai, India and is part of the Tata Group. With an installed electricity generation capacity of 14,707 MW out of which 5847 MW is from Non-Conventional(Green Energy) sources rest from thermal, making it India's largest integrated power company. In February 2017, Tata Power became the first Indian company to ship over 1 GW solar modules.
Mithapur is a census town in Devbhumi Dwarka district in the Indian state of Gujarat. It's lies about 20 km from Dwarka city, the district headquarter.
Lucky Core Industries Limited, formerly known as ICI Pakistan, is a Pakistani conglomerate company headquartered in Karachi. It manufactures polyester, pharmaceutical, agrochemical, soda ash, and veterinary medicine.
Tata Chemicals Europe is a UK-based chemicals company that is a subsidiary of Tata Chemicals Limited, itself a part of the India-based Tata Group. Its principal products are soda ash, sodium bicarbonate, calcium chloride and associated alkaline chemicals.
The economy of Gujarat, a state in Western India, is the most industrialised in India, having the highest industrial output of any state in the union. It has the highest exports of any Indian state, accounting for 33% of all Indian exports in 2022–23. It leads in diverse industrial sectors such as chemicals, petrochemicals, dairy, drugs and pharmaceuticals, cement and ceramics, gems and jewellery, textiles and engineering. It has the highest Electricity Production Capacity and Maritime Port Cargo Volume among all states in India. It also has significant agricultural production with major agricultural produce of the state being cotton, groundnuts (peanuts), dates, sugar cane, milk and milk products. Gujarat recorded the lowest unemployment rate in India in 2022, with 4.4% of the labour force being unemployed.
Haldyn Glass Limited (HGL) is a listed company at Bombay Stock Exchange in India manufacturing clear glass containers. Promoted by Haldyn Corporation Limited having its manufacturing plant in Vadodara, Gujarat while its administrative office is located in Goregaon East, Mumbai. Haldyn Glass Limited (HGL) was incorporated in the year 1991. N.D. Shetty is the Chairman and Mr. Tarun N. Shetty is Managing Director of the company.
Ashishkumar Chauhan is an Indian business executive and administrator who is currently the Managing Director (MD) and Chief Executive Officer (CEO) of the National Stock Exchange of India (NSE). A technocrat from IIT Bombay and IIM Calcutta, Ashish was a founding member of NSE. Prior to joining NSE back in 2022, he was the Managing Director and Chief Executive Officer of the Bombay Stock Exchange (BSE) for 10 years. Ashish is a member of the University Grants Commission and is the Chancellor of University of Allahabad. He also serves as a member of Governing Council of one of the premier B-Schools in India - IIM Calcutta. Ashish is best known as the father of modern financial derivatives in India, and is considered one of the foremost experts in financial market policies, Information technology, organized retail, telecommunications, cricket and Indian social issues. Ashish has been awarded Lifetime Achievement Award by Global Custodian
Vivimed Labs Limited is an India-based global supplier of specialty chemicals and pharmaceuticals. Headquartered in Hyderabad, India. Vivimed is a manufacturer of active pharmaceutical ingredients, active ingredients for home and personal care, hair dyes, imaging chemicals and photochromics.
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