Tata Sons would focus on market access and skilled workforce after Brexit

Tata Sons said that access to markets and skilled workforce would be considered important post Brexit, adding that that each of its 19 firms having interests in the UK will be going in for a business review.

"There are 19 independent Tata companies in the UK, with diverse businesses. Each company continuously reviews its strategy and operations in the light of developments, and will continue to do so," read a statement from Tata Sons.

"Access to markets and skilled workforce will remain important considerations," the statement added.

Tata Group stocks had a hard fall this morning after the Brexit results, going down by up to 13%. This could be cited to the Indian conglomerate's huge exposure to UK.

Specifically, Tata Motors stocks fell 12.9%, Tata Steel tanked 10.89%, TCS plummeted 4.81%, Tata Elxsi dipped 9.21%, Tata Global Beverages saw a fall of 7.26%, Tata Chemicals drubbed 5.72% and Tata Communications went down by 5.34%.

Tata Sons has been operational in the UK since 1907, and out of its 19 firms having interests in the region, JLR and Tata Steel are most globally known.

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