21 June, 2021

West India Company

A constant strand with the Tatas has been proving Indians can match foreigners in everything.

West India Company
outlookindia.com
-0001-11-30T00:00:00+05:53

Few could have predicted the boldness with which the Tata Group, once given the opportunity to do so, would stride on to the global scene. By 2003, the year TCS crossed the $1 billion revenue mark and three years after Tata Tea acquired Tetley, international revenues amounted to 24 per cent of the group’s earnings. By 2012, international revenues had increased to 58 per cent. With the United States and United Kingdom as its largest foreign markets, the group bridged the divide between the world’s advanced economies and emerging markets.

In 2011, six Tata Group companies (among 20 Indian companies) were listed on the Boston Consulting Group (BCG)’s list of the top 100 ‘Global Challengers’ from emerging markets. And it’s noteworthy that BCG’s methodology screens out companies “that could only pursue low-end, export-driven models”. The Tata Group includes a substantial proportion of India’s globally competitive, outward looking enterprises. Looking at the group on a per-employee basis, the international focus of the...

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