Tata Group.Tata Group The Tata Group is India's largest conglomerate company, with revenues in 2005-06 of Rs. 967,229 million (US $21.9 billion), the equivalent of about 2.8% of India's GDP, and a market capitalisation of US $57.6 billion now (only 28 of the 96 Tata Group companies are publicly listed). , which started India's first airline in the 1930s, is planning to build a factory to make aircraft components for the export market. The company is buying land at a special economic zone in Nagpur next to Boeing's planned $100-million maintenance, repair and overhaul Maintenance, Repair and Overhaul or MRO is a multi-billion dollar industry which works on international authorization rules to deliver a safe airline operation and to assure reliability and availability of customer fleets. (MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) facility. The Tata Group had started Tata Airlines in 1932. It was taken over by the government and renamed Air India Air India (formerly Air-India, Hindi: एअर इंडिया) is the national flag carrier of India with a worldwide network of passenger and cargo services. . Boeing has said India will require 911 airplanes worth $86 billion over the next 20 years. India's domestic aviation market is expected to grow by 20 percent a year over the next five years. |
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