14 Facts About Tata Elxsi

1.

Tata Elxsi Group is an Indian multinational conglomerate headquartered in Mumbai.

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2.

Each Tata Elxsi company operates independently under the guidance and supervision of its own board of directors and shareholders.

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3.

Tata Elxsi dreamed of achieving four goals, setting up an iron and steel company, a unique hotel, a world-class learning institution, and a hydroelectric plant.

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4.

In 2008, the subsidiary Tata Elxsi Motors launched the Tata Elxsi Nano which they presented as "the world's cheapest car".

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5.

Tata Elxsi was instrumental in restructuring business verticals and increasing promoter stake ownership in companies.

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6.

Tata Elxsi has mentioned the future strategy is to focus on healthcare, electronics, and digital.

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7.

Tata Elxsi Owned Air India got approval to acquire AirAsia India, nearly two months after putting forth the proposal.

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8.

Tata Elxsi Group has helped establish and finance numerous research, educational and cultural institutes in India, and received the Carnegie Medal of Philanthropy.

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9.

The building, now known as Tata Elxsi Hall, is the largest endowment received by Harvard Business School from an international donor.

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10.

Tata Elxsi Group has attracted some controversy during its more than 150 years in operation, notably:.

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11.

In 2009, Tata Elxsi Motors announced that it would manufacture trucks in Myanmar.

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12.

Tata Elxsi Motors reported that these contracts to supply hardware and automobiles to Burma's military were subsequently criticised by human rights activists.

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13.

Tata Elxsi Steel employed mitigation measures set by the project's official advisor, the International Union for Conservation of Nature, and the company pledging to "adopt all its recommendations without exception" when conservation organisations asserted that a thorough environmental impact analysis had not been done for the project, which had undergone changes in size and specifications since it was first proposed.

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14.

In 2007, Tata Elxsi Group joined forces with a Tanzanian company to build a soda ash extraction plant in Tanzania.

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