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

As part of the strategy, the group will nurture its companies by "building the reputation of the Tata brand globally, attracting and developing leaders of tomorrow, and improving the Tata Business Excellence Model (TBEM) process to strengthen performance discipline within the group".

This strategy will also include support to companies, if required, to restructure their businesses which do not have the potential to meet performance and strategic criteria in the long term or benefit from parenting advantages.

To maximize synergies, the group is creating a special focus on four new clusters -- Defense and Aerospace, Retail, Infrastructure, Finance.

The group centre will also focus on companies which are world class and, where necessary, facilitate creation of new companies. Tata group's total revenue grew by 18.5 percent in 2013-14 at 6,24,757 crore ($103.27 billion).

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 5,27,047 crore ($96.79 billion) in the previous fiscal.

The international revenues of the group in the fiscal 2013-14 stood at 4,19,860 crore, up 27 per cent from 3,30,530 crore in the preceding fiscal, as per information available on its website.

The group's 32 listed companies had a market capitalization of 8,46,535 crore as on July 24, 2014 as compared to 6,84,859 crore on March-end 2014 and 5,18,716 crore on March-end 2013.

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