Digital, New Energy To Be Tata Group’s Focus Areas In Future, Says Chairman

Digital, new energy will be Tata Group's focus areas in future, says chairman

Tata group to focus on digital and new energy sectors in near future


New Delhi:

The digital space and new energy will be two key areas that the Tata Group will focus on as part of its future strategy.

In his New Year’s address to over 8 lakh employees, Tata Group Chairman, N Chandrasekaran on Monday said supply chain resilience and the health sector would be other focus areas in the coming days, even as he insisted That all ambitions depend on learning. To live with the coronavirus pandemic.


He said businesses and society must adapt to the virus by preparing “the best we can for new outbreaks and forms”. We’re seeing this now with the spread of Omicron.

Reflecting on the year gone by, the group’s president said that the group “is becoming more simple and financially stronger than we have been in the long run”.

Mr. Chandrasekaran said, “We have also made good progress in addressing our carbon footprint and positioning our companies to benefit from revolutionary new technologies. Our most important milestone this year culminated in our bid to win Air India This is indeed a historic moment,” Mr. Chandrasekaran said.

On the way forward, he said, “Looking ahead, our strategy has four themes: digital, new energy, supply chain resilience and health. Our companies are already embracing these changes, and we are seeing a strong performance.” Huh.” The group’s new pilots and businesses, from 5G to TataNeu (digital platform) and Tata Electronics, are set to benefit from these four themes, he said.

Chandrasekaran said that as a business, the group can play its part in India’s growth with its ambition to become a $3 trillion economy by 2024.

“We must keep pushing ourselves to be simpler, more sustainable and more technologically advanced. If we do that, we can advance our company and our country.” However, he added, “all ambitions hinge on a more immediate concern: learning to live with the coronavirus. Businesses and society must adapt by preparing as best as possible for new outbreaks and forms. We are now taking this into account of the spread of Omicron.” watching together.” Stating that “India’s spectacular vaccine program has built up a massive wall of protection”, he said the infections, so far, seem mild.

“But, we must be careful. This is not the time to let down our guard,” he said, encouraging the group’s staff to follow the latest health protocols and take booster shots, not just for individuals, but families. And also for the communities.


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