Aiming for top-tier growth by 2027, Tata Sons plans to implement a ₹300 billion boost for its hottest ventures, from electronics, digital, to defence.
Tata Sons is planning to invest ₹300 billion ($3.5 billion) in a range of its high-potential companies, including Tata Digital, Tata Electronics, Air India, as well as its defence and battery sectors. This fresh funding, approved by the Tata Sons board recently, will be made through equity injections.
This investment forms part of the group’s ongoing commitment to boost its emerging ventures. It comes in addition to the broader $120 billion pledged to new businesses over the past few years.
According to Money Control, a company representative explained that the funds are intended to support these units as they move to the next stage of growth. Future investments will be carefully prioritised, with companies needing to demonstrate strong potential before receiving additional capital.
The group continues to prioritise its defence division, reflecting its strategic importance in light of global technological and security trends.
Chairman N Chandrasekaran is personally monitoring the progress of these businesses. The goal is for them to become among the top five Tata companies by revenue and to reach profitability by the financial year 2027.
Currently, Tata Digital and Tata Electronics rank within the top ten revenue generators in the group. In a sign of increased focus, Chandrasekaran recently left the board of Tata Chemicals to concentrate on Tata’s higher-growth priorities. He has been at the helm of Tata Sons since 2017 and began his second term last year.
Meanwhile, Tata Digital is expected to appoint a new CEO soon, following the departure of Naveen Tahilyani, who took the role within a year.
