Tatas scout for more buyouts in UK
Tatas scout for more buyouts in UK The Tata Group is planning to expand its presence in the United Kingdom (UK) and is thereby scouting for buyouts, including new areas such as leather footwear, reports DNA. The group is focusing upon brand-building, which it considers as the gateway to doing business in Europe and other regions. It has appointed a financial public relations consultancy firm Financial Dynamics (FD), for augmenting this exercise. UK is considered to be the largest market for the group after India, and is generating revenue worth more than USD 7 billion per year; the company feels there is still a lot of growth potential left which it intends to tap.
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