The Ambitious Plan Behind the Jaguar-Land Rover Purchase

Response to Jeff Nash from Rick Newman

Hi Jeff. Not sure where your revenue figures come from. Here's where I got mine: Tata Group's 2006-2007 FY revenue (latest figures available) was $28.8 billion, according to the company. (Source: http://www.tata.com/0_about_us/group_profile.htm) Allowing just for organic growth makes rounding to $30 billion very reasonable. Actual updated annual figures (due in a few weeks) will probably be higher than $30 b. For the Alcoa and Northrop revenue figures, I simply used the Fortune 500 rankings, available here: http://money.cnn.com/magazines/fortune/fortune500/2007/full_list/index.html. Alcoa's 2007 revenue was $30.9 billion, Northrop's was $30.3 billion.

~ Rick Newman

Rick Newman of NY @ Mar 26, 2008 22:49:16 PM

Tata far bigger than Alcoa or Northrop Grumman

"Tata is a sprawling, privately owned firm headquartered in Bombay, with about $30 billion in revenue—roughly the size of Alcoa or Northrop Grumman".

There is some mistake somewhere. Alcoa's revenue is about $6 Billion. Northrop's is about $7 Billion. Tata group's total revenues are approximately $68 (sixty-eight) Billion.

Tata group is far bigger than either Alcoa or Northrop.

Jeff Nash of CA @ Mar 26, 2008 22:15:15 PM