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Tata Chair Defends Nation-Building Bets Over Short-Term Returns

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Tata Chair Defends Nation-Building Bets Over Short-Term Returns Tata Sons Pvt. Chairman Natarajan Chandrasekaran said the group will keep building what India and the world need, including semiconductor chips, even if these projects are slow to deliver amid a tussle with owners who are pressing for quicker returns. The group’s semiconductor push shouldn’t be judged on whether it meets the numbers in two to three years, he said at Bloomberg’s New Economy Forum in New Delhi on Tuesday.

Tata Chair Defends Nation-Building Bets Over Short-Term Returns Tata Sons Pvt. Chairman Natarajan Chandrasekaran said the group will keep building what India and the world need, including semiconductor chips, even if these projects are slow to deliver amid a tussle with owners who are pressing for quicker returns. The group’s semiconductor push shouldn’t be judged on whether it meets the numbers in two to three years, he said at Bloomberg’s New Economy Forum in New Delhi on Tuesday.
Tata (ORG) Defends Nation-Building Bets (ORG) Tata Sons Pvt (ORG) Natarajan Chandrasekaran (PERSON) India (LOCATION) Bloomberg’s New Economy Forum (ORG) New Delhi (LOCATION)
Originally published by Bloomberg Technology Read original →