Expansion into various industries from "summary" of The Tatas by Girish Kuber
The Tata Group's journey has been marked by a constant quest for growth and diversification. From its early days as a trading company, the Tatas have always sought to expand their presence into new industries and markets. This strategy of expansion into various industries has been a key driving force behind the group's success over the years. One of the main reasons behind the Tata Group's diversified approach is the belief in spreading risk and not putting all their eggs in one basket. By operating in multiple industries, the group has been able to cushion itself against the volatility and uncertainties that are inherent in any single sector. This diversification has helped the Tatas weather economic downturns and changes in market conditions more effectively than many of their competitors. Another advantage of expanding into v...
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