New factory in Tamil Nadu with an investment of Rs 7000 crore .. Tata grand project ..!
Tata Sons, the parent company of the Tata Group, the largest trading conglomerate in India, is currently growing rapidly under Chandrasekaran’s leadership. In this situation, the Tata Group is poised to move to the next level and expand its existing business on a large scale.
To this end, the Tata Group is capturing an unprecedented number of companies and mobilizing new investment in all available opportunities.
For which project is Tata currently raising investment ..?!
Tata Sons
Tata Sons are currently in the process of raising about Rs 40,000 crore in debt from shareholders. The NCB has also decided to issue these bonds and thereby mobilize investment.
40,000 crore debt
Over the past year, Tata Sons have acquired a number of companies, which have decided to raise funds for expansion and new acquisitions, with a first-round loan of Rs 40,000 crore.
Tejas Networks
Tata Sons recently acquired a 43.3 percent stake in Bangalore-based Tejas Networks to expand its telecom services division.
Foreign Investment Market
That aside, Tata Sons has decided to raise $ 1 billion privately in the foreign investment market. The Tata Group plans to make the entire investment in Tamil Nadu.
Factory in Tamil Nadu
Tata Group has recently started manufacturing mobile phones and electronic devices. The sector has witnessed remarkable growth in a short span of time. Thus Tata Group has decided to expand its business in this segment and set up a new mobile and parts manufacturing plant in Tamil Nadu.
7000 crore investment
Tata has decided not only to achieve significant business in the segment through this plant but also to make major plans in the long run. Tata Sons alone are raising $ 1 billion, or Rs 7,000 crore, for this project alone.
Sunrise Factory
Following this, the Tata Group has now decided to focus more on the Sunrise industry. India in particular is intensifying its efforts to set up a healthcare and medical equipment manufacturing plant.
Tata Advanced Systems
Similarly, Tata Advance Systems, a subsidiary of Tata Sons, plans to expand its business in India in the defense and aerospace sectors.
Computer chip shortage
The Tata Group has decided to commercialize the shortage of computer chips around the world, which is expected to continue for the next few years.
Semiconductor manufacturing
The Tata Group, led by N. Chandrasekaran, Chairman, Tata Sons, has decided to enter the semiconductor manufacturing sector and set up a new plant in India.
Air India
Meanwhile, the Tata Group is increasingly interested in acquiring Air India. With the sale of Air India expected to fetch around Rs 15,000 crore, the Tata Group plans to revamp Air India by investing $ 1 billion.
50,000 crore target
Tata Sons have now decided to raise around Rs 50,000 crore for these megaprojects. The jackpot for us is the smartphone factory set up in Tamil Nadu
Tata Sons dominates
Tata Sons continues to dominate the empire, though not directly in the business, as all the companies and business transactions that Tata Group acquires are made through Tata Sons.
