Report says that the group is looking at an increase of nearly $250 bn by 2025, including through acquisitions.
Report says that the group is looking at an increase of nearly $250 bn by 2025, including through acquisitions.
The group is looking to build on the platform set up by its previous Chairman Ratan Tata,
“At the turn of the century, we had a relatively small market cap of just under $8 billion. We have added a 100 billion dollars plus to that in the last 15 years. I am quite confident that this will continue to grow,” Member — Group Executive Council and Brand Custodian, Tata Sons, Mukund Rajan reportedly said.
The Tata Group has over 100 independent operating companies out of which 29 are publicly-listed. The group has been growing both in the publicly listed space and also in the unlisted space, he added.
“If you look at the true valuation of Tata enterprises (today) as a group, it would in fact be substantially higher than what the additional $100 billion of market cap represents,” Rajan added.
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