Tata Group To Invest $35 Billion In 3 Yrs As Part Of Its Vision 2025

0
165

NEW DELHI – The Tata Group will invest $35 billion in the next three years as part of its vision 2025 by when it expects to achieve market capitalization comparable to the world’s top 25 companies.

Addressing the Tata group’s Annual Leadership Conference in Mumbai, Tata group Chairman Cyrus Mistry laid out the road map for the diversified conglomerate, which saw its total revenue crossing the $100 billion mark again in 2013-14.

When contacted a Tata group spokesperson declined to share the details saying it was an internal event but confirmed three key points outlined as part of its strategy.

These include nurturing of group companies by leveraging the parenting advantage of the group centre; harnessing synergies to maximize the performance of companies and optimizing its portfolio for sustained future performance.

“The Tata group’s Vision 2025 is: ’25 per cent of the world’s population will experience the Tata commitment to improving the quality of life of customers and communities.

As a result, Tata will be amongst the 25 most admired corporate and employer brands globally, with a market capitalization comparable to the 25 most valuable companies in the world,” the spokesperson said.

“Towards fulfilling this vision, the Tata group will be investing about $35 billion in the next 3 years,” the spokesperson added.