is an Indian multinational conglomerate manufacturer of automobiles, airplanes and other products, headquartered in the city of Mumbai, India. Founded in 1868 by Jamshedji Tata, the company gained international recognition after purchasing several global companies. It is one of the biggest and oldest industrial groups in India. Each Tata company operates independently under the guidance and supervision of its own board of directors and shareholders. With an increase of US$55 billion in just some months Tata group now stands on a market capitalisation of US$318 billion as of October, 2021.