Tata Motors Limited, formerly known as TELCO (TATA Engineering and Locomotive Company), is a multinational corporation headquartered in Mumbai, India. It is India's largest passenger automobile and commercial vehicle manufacturing company and a midsized player on the world market with 0,81% market share in 2007 according to OICA data. Part of the Tata Group, and one of the world\'s largest manufacturers of commercial vehicles. The OICA ranked it as the world\'s 20th largest automaker, based on figures for 2006.Tata Motors was established in 1945, when the company began manufacturing locomotives. The company manufactured its first commercial vehicle in 1954 in a collaboration with Daimler-Benz AG, which ended in 1969.Tata Motors was listed on the NYSE in 2004, and in 2005 it was ranked among the top 10 corporations in India with an annual revenue
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