when mr.ratan tata took over,the tata group had almost 100 companies.many at that time were sick and more or less a burden to the tatas.his first priority was to sell them and to focus on there core buisness like tata steel,tata motors and that what he exactly did.
tata steel is the lowest steel producer in the world(cost).today indica and dicor has a very very strong holdings in there segments.
then came the money spinner TCS.
it is very difficult for an organization as massive as tata to hive off the loss making units,rebuilt the old ones and venture into the new ones(IT,TELECOM).
hats off to mr .RATAN TATA. the way he is restructuring this massive empire is amazing |