Tata focusing on digital, new energy, health: Chandra
Mumbai, Dec. 27: Tata Group chief N. Chandrasekharan said the conglomerate is now focused on themes like digital, new energy, supply chain resilience and health.
In his New Year address to the over 8 lakh employees of the group, Chandrasekaran, chairman of Tata Sons, said the group is becoming "simpler and financially stronger than we have been in a long time".
On the way forward, he said, "Our strategy, looking ahead, has four themes: digital, new energy, supply chain resilience, and health. Our companies are already adapting to these changes, and we are witnessing a stronger performance."
The group's new pilots and businesses, from 5G to TataNeu (digital platform) and Tata Electronics, are poised to
benefit from these four themes going forward, he said.
Chandrasekaran said that as a business, the group can play its part in the evolution of India, with its ambitions 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, we can push our company, and our country, forward."
However, he said "all ambitions are contingent on a more immediate concern: learning to live with coronavirus. Businesses and society must adapt to it by preparing as best we can for new outbreaks and variants. We are seeing this now with the spread of Omicron."
Asserting that "India's brilliant vaccine program has built a vast wall of protection", he said infections, so far, seem to be mild.
"But, we must be careful. This isn't time to let our guard down," he said encouraging the group employees to follow the latest health protocols and take booster shots when they become available, not just for individuals, but families and communities.
Chandrasekaran reminded the employees that a year ago, when it has hoped that the worst of the pandemic was seen, but the second wave sadly proved much more difficult than the first.