Tatas to expand global business this year

The Tata Group has drawn up a strategy to focus on expanding their business globally during the current calendar year. Stating this in a message delivered to group employees, Tata Group chairman Ratan Tata said, ‘‘This is an important new phase in the group’s growth plans.’’

Tata said the group’s goals for the year would be to achieve significant further turnover growth, with substantial improvement in profits through consistently providing high-quality products and services, and a total commitment to better serve customers, while at the same time maintain high ethical standards and values.

On the road to globalisation and venturing into new frontiers, Tata said, ‘‘This year, we will also be focusing on expanding our businesses internationally. This will demand that our products and services are globally competitive and that our enterprises operate to international standards in terms of quality and customer service.’’