The salt-to-software group, with a presence in almost every sector of the economy, will pump in a significant amount of the planned investment in traditional businesses even as it considers creating new businesses like e-commerce. The group has identified four sectors —realty, defence, consumer and retail and financial services — to fuel its growth.
In order to achieve the 2025 vision, the group will restructure its business portfolio by selling off non-core assets and concentrate on growth and achieving revenue targets. It recently sold the Blue Sydney Hotel in Australia and Neotel telecom unit in South Africa.
This holistic strategy will also include support to companies to restructure those businesses which lack the potential to meet performance criteria in the long term, a Tata Group spokesperson said.