Will manufacturing be de-emphasised in an economy where the service sector will grow faster?
The Tata Group has equally strong capabilities in manufacturing as in the services sector. As such, it will be poised to take full advantage of global economic trends regarding the relative importance of manufacturing and services in an economy. What are your thoughts on the much-publicised debut of the Indica vis-รก-vis the risks and recipe for success you would like to associate with it. The challenge that the Indica posed to us was to create a world class product by relying on Telco’s strengths and capabilities. It is encouraging that the Indica has been received enthusiastically but its eventual success will be defined by its ability to create a market for itself which can withstand the inevitable competition from world class players like Toyota, Honda and the Korean companies. Is there any chance of the Tata airline project being revived? Civil Aviation Minister Ananth Kumar has squarely blamed the Tatas for abandoning the project without giving the government time for further deli
