Dev Chatterjee, Aneesh Phadnis And Shine Jacob

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Tatas to invest $90 bn in India in 5 years

Tatas to invest $90 bn in India in 5 years

Rediff.com23 Sep 2022

The Tata group is planning to invest $90 billion in new industries such as mobile components plant, semiconductor, electric vehicles, batteries, renewables energy and e-commerce by 2027. The Tata group's investment in India is far higher than the $75-billion investments planned by Mukesh Ambani-owned Reliance Industries and $55-billion investment planned by the Adani group in the next five years in the country, the Economist reported recently. The investment by the Tata group is a shift in its strategy to focus more in the home markets instead of international markets where the group lost money.