TaTa Industries is a large Indian company engaged in a multitude of different industries, some related to each other, others not. What are the conditions in India that make such a broad based diversified company feasible and profitable?
On page 238 of your textbook, the authors state, “The dominant trend of the past two decades has been ‘refocusing on core businesses’. Why do you suppose they made this statement and give one example of a conglomerate that has undergone this process.
TaTa Industries is a large Indian company engaged in a multitude of different industries, some related to each other, others not. What are the conditions in India that make such a broad based diversified company feasible and profitable?
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