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The Vanishing Billions
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Navigating the Cryptomaze- Business News
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Digital Everywhere Strategy Will Drive Every Tata Company
Since N Chandrasekaran took over as chairman on February 21, 2017, Tata Group has been trying to resolve pending issues in group companies and pivot their businesses by leveraging technologies, including Artificial Intelligence (AI), data analytics and Cl
N Chandrasekaran, Chairman, Tata Sons - Photograph by Yasir Iqbal
In the last 10 months, despite the Covid-19 related sluggishness in the economy, the group has launched four companies for new-age businesses. Chandrasekaran talks to Nevin John and Rajeev Dubey about the key trends that are set to drive the group in the future.
Edited excerpts:
Tata Group seems to be on the cusp of a transformation. What is it all about?
Prepping for Next 150 Years?
The $106-billion Tata Group has already thrived for a century and a half - more than twice the age of the Republic of India
Rajeev Dubey, Editor, Business Today
Acommon characteristic of some of the world s oldest organisations is their uncanny ability to adapt & adopt, destruct & rebuild, terminate and transform - constantly.
Take Finland s 156-year-old Nokia which began as a paper mill in 1865, dabbled in power, rubber and cable manufacturing until it hit upon the success of mobile communication in 1984, eventually becoming the world s biggest handset maker with over 40 per cent global share by 2007. Then came the decline which resulted in sale of its handset business to Microsoft for $7.2 billion in 2013. But by 2015, it had already acquired Alcatel-Lucent and taken charge of JV with Siemens to emerge as a huge network infrastructure provider.
Digital Everywhere Strategy Will Drive Every Tata Company
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