India's Tata bets after outbreaks in digital, electronics and health

[kafa88]

India's Tata Group plans to invest in slotxo high-end digital electronics and healthcare in the world after the outbreak, the $ 100 billion group chairman said on Thursday.Tata, which operates hotels, steel, airlines, electronic goods and technology services, will place big bets on electric vehicles, renewable energy and N Chandrasekaran battery storage. Which is known as Chandra added When you look at future trends, there is a strong signal that you can take everything digitally, we are betting big," Chandra told the Reuters Next conference.The coronavirus epidemic has accelerated the adoption of technology, changing the way of life, work and consumption, and the way companies operate.

Tata revealed its intention to launch an umbrella app to make it accessible to all consumer businesses, Chandra said in an idea borrowed from China, where apps like Alipay allow everything from hotel bookings to e-commerce. Tata also built a business-to-business platform online.British luxury brand owner Jaguar Land Rover (JLR) places big bets on electric vehicles, including battery storage and renewable energy for consumer and industrial use.We are very serious about electric cars," Chandra said, adding that Tata is investing in the development of clean-tech cars at home through Tata Motors and at JLR.Carmakers are investing in EVs, largely driven by stricter government regulations on polluting vehicles, with Tesla,

the world's most valuable car company, with plans to launch in India in This year Chandra said the adoption of technology and changing consumer and corporate behavior will lead to the creation of new and shared workplaces closer to where people live.At the same time, there will be higher levels of automation in Indian factories that are driven by the use of artificial intelligence, the Internet of connected things or devices and more information.With some changes that are unlikely to reverse, Chandra is looking for new opportunities for Tata, especially as India's economy recovered from damage in the early stages of last year's outbreak.

I'm quite amazed at the speed at which the economy recovers and bounces," he said, adding that many Tata companies are recovering from losses due to increased demand, except in areas like airlines.COVID-19 also forces T to be more resilient to disruptions in the global supply chain that depend on Chandra.One way to do this is to be part of it.There are two industries that we have identified, one is high-tech manufacturing electronics, where we have already started an attack and we are developing plans for the future.Tata also plans to meet the growing demand for medical devices in India and around the world, Chandra said.

[GregoryNam]

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