BIG gains for Tata Steel, Tata Motors, Tata Consumer in 2024? N Chandrasekaran lists out ambitious growth plan
big gains for tata steel, tata motors, tata consumer in 2024? n chandrasekaran lists out ambitious growth plan
N Chandrasekaran, the Chairman of Tata Sons, has set forth a bold vision for growth, urging the group’s chief executives to intensify their efforts in key sectors like electronics, electric vehicles (EVs), batteries, and steel in the coming year. Emphasizing the importance of CEOs and CXOs in traditional sectors executing business strategies on the ground, he aims to capitalize on growth opportunities.
As per TOI report, during the annual offsite meeting held at the JW Marriott Marquis in Dubai, attended by approximately 500 Tata group leaders, Chandrasekaran reiterated the importance of driving growth momentum and fostering collaboration through the One Tata plan. Noel Tata, along with his children Neville, Leah, and Maya, were also present at the event.
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A senior executive as per TOI report, preferring anonymity, expressed confidence in the group’s ability to achieve substantial growth across various businesses. Chandrasekaran’s strategic direction highlights clear areas for growth, capital allocation, and talent acquisition.
The meeting, attended by 40-50 employees from each company, facilitates interaction and collaboration among executives. Chandrasekaran delineates the group’s vision and plan, while leading companies like Tata Motors, Tata Consumer, Tata Steel, Trent, Tata Digital, and Tata Electronics outline their growth strategies.
While Tata Sons declined to comment, Chandrasekaran’s ambitious revenue goals underscore his leadership in his second term. The Tata Group’s remarkable performance in the stock market over the past year is evident, with its 27 listed companies collectively increasing their market capitalization by over Rs 9 lakh crore to reach ₹30.45 lakh crore, representing a 42% growth compared to the Nifty’s 26% gain.Related News |
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