The Tata Group is the best-known Indian business house in the world, but it has to address several issues to maintain its position as the gold standard of the country’s industry. The Tata brand remains India’s most valuable and also the best known global calling card of Indian industry. But in 2017, it fell out of the list of the world’s 100 top brands for the first time since 2007, clocking a rank of 103, a 14 position decline compared [...]
The Tata Group is India’s most successful global firm but its geographical spread may not always be a good thing.
The Tata Group is a much respected, admired and valued conglomerate in India and one that is also highly successful. Very often the two do not go hand in hand. It is also perceived as a very ethical corporate group, having played a significant role in nation building since its inception in 1868 – creating country’s first steel plant, power station, luxury hotel, domestic airline and information and technology company.
Sanjeev Gupta is being dubbed the UK’s new “man of steel” after he emerged as a potential saviour of jobs if he were to acquire Tata Steel’s UK assets, which went up for sale in March.
‘India Global Business’ caught up with the founder and executive chairman of Liberty House Group to delve into the crisis in the European steel industry, restarting mothballed steelworks and why he feels his GreenSteel model would prove more resilient.