The group also intends to take leadership in electric vehicles. Third, it has got into electronics hardware manufacture with a handset component and assembly plant, investment in a network equipment company, and the latest announcement of an entry into chip manufacture. Acquisitions have helped do a jump-start. Meanwhile, its “super-app” digital foray aims to service a range of consumer-facing businesses, including retailing, travel and financial services (this last an area of past failure). Its foray into defence and aerospace involves making cargo planes, wings for fighter aircraft and fuselages for helicopters armoured and defence-purposed vehicles of various kinds artillery guns drones advanced materials and sundry weapon systems - all of them involving multiple marriages with leading manufacturers. All this is a strong vote in favour of the group’s top management.īut one wonders about the sweeping range of its recent initiatives, covering four or five broad areas, each with multiple individual businesses. From accounting for about 90 per cent of the group’s market value, TCS’s share is down to two-thirds - which tells us that the software services company is no longer the group’s sole bread-winner. Investors are enthused the group’s market capitalisation has soared over the past year and more. The group is still heavily in debt, but the burden is shrinking.

Tata Motors has doubled its share of the car market over the past year and Tata Steel is enjoying a price boom, while Tata Consultancy Services and Titan continue to chug along.

Titan quest stonebinder cuffs