Tata's Luxury Buys Tell World 'We're Here'

Perhaps you’ve never heard of Tata, the Indian company that's the new owner of Jaguar and Land Rover—but it's already a $70 billion globe-straddling giant, the BBC reports, with major subsidiaries in a host of industries. Not content with dominating its fast-growing home market, Tata Motors sells cars in Africa, South America, and throughout Asia.

Tata also recently listed on the New York Stock Exchange, but remains essentially a family business run by Ratan Tata, grandson of founder Jamsetji Tata. Tata views global expansion as a necessary growth strategy, but it hasn’t abandoned its Indian roots. Thanks to a crack engineering team, Tata produces the Nano, the world’s cheapest car at $2,500. (More Ford stories.)