illusion8
ELITE MEMBER
- Joined
- Sep 18, 2011
- Messages
- 12,232
- Reaction score
- -20
- Country
- Location
NEW DELHI: Tata group will invest $35 billion in the next three years as part of its vision 2025 by when it expects to achieve market capitalisation comparable to the world's top 25 companies.
Tata group Chairman Cyrus Mistry laid out the road map for the diversified conglomerate, which saw its total revenue crossing the USD 100 billion mark again in 2013-14.
To maximise synergies, the group is creating a special focus on four new clusters -- Defence & Aerospace, Retail, Infrastructure, Finance.
The group that has over 100 operating companies in seven business sectors -- communications and information technology, engineering, materials, services, energy, consumer products and chemicals -- had posted total revenue of Rs 5,27,047 crore (USD 96.79 billion) in the previous fiscal.
Tata group to invest $35 billion in 3 years; FY14 revenue tops $100 billion - The Economic Times
Tata group Chairman Cyrus Mistry laid out the road map for the diversified conglomerate, which saw its total revenue crossing the USD 100 billion mark again in 2013-14.
To maximise synergies, the group is creating a special focus on four new clusters -- Defence & Aerospace, Retail, Infrastructure, Finance.
The group that has over 100 operating companies in seven business sectors -- communications and information technology, engineering, materials, services, energy, consumer products and chemicals -- had posted total revenue of Rs 5,27,047 crore (USD 96.79 billion) in the previous fiscal.
Tata group to invest $35 billion in 3 years; FY14 revenue tops $100 billion - The Economic Times