Tata To Invest 90 Billion Dollar By 2027: The country’s largest industrial conglomerate Tata Group is planning to invest $ 90 billion (Rs 7.20 lakh crore) in the next 5 years. It is believed that the Tata group can make this investment in new sectors like mobile component plants, semiconductors, electric vehicles, batteries, renewable energy and e-commerce.
Let us tell you that $ 90 billion (Rs 7.20 lakh crore) to be invested by the Tata group in the next five years, $ 75 billion (6 lakh) to be invested by Mukesh Ambani’s Reliance Industries in 5 years. crore) and more than the investment of $ 55 billion (4.40 lakh crore) of Adani Group.
According to The Economist, the Tata group is now focusing on investing in the domestic market rather than overseas. Because he has suffered heavy losses due to investment in the international market. The Tata group will make about 77 percent of the new investment in India itself.
Tata Group Chairman N Chandrasekaran has said that there is a golden opportunity for global companies to invest in the supply chain in India. He said the group would invest $18 billion every year. If all goes according to the plan, Tata’s investment in the new, hi-tech business will increase from a quarter of the current level to 50 per cent by 2027.
The Tata group company is in talks with Apple’s Taiwan-based supplier Wistron Corp. to start a joint venture in India. Together with Wistron, the Tata group also wants to enter the field of technology manufacturing.
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