Most "family" businesses (like Chaebols in Korea, Keiretsu in Japan) are diversified to reduce risk.
This is in fair contrast to vertical integration often seen in Western companies (and also some rare instances when the state orders it) who only diversify when opportunities arise, not for risk reduction.
I'm not sure it's all of them really. Electricity, water, waste disposal and intra state roads are usually state/city owned utilities in India, with Highway, Railway and most of the Oil and Gas ones under the central government. Some are taken up by both, like public education. Even for the ones that Tata and Reliance are fairly nestled in, there's government owned competitors (ex. Steel manufacture and Telcom)
I'm necessarily summarising here, but there's a non-negligible level of public sector competition here: https://en.wikipedia.org/...
It's genuinely impressive how many domains they've conglomerated into, I'd compare them to Samsung. Kinda helps that the family is more of the industrialist kind rather than the pure corpo kind, though I really wouldn't be surprised if they had controversies of their own
though I really wouldn’t be surprised if they had controversies of their own
https://nos.nl/zoeken?q=tata&page=1
Pick any article here really, its all controversy.
Tata steel is not really a well liked name in the netherlands
Oof, yeah that's rough. Thanks for sharing this though, this is the first time I'd heard of Tata owning steel manufacture overseas too
I was just about to make a joke about Samsung in South Korea
My first time ever hearing of the tata group
@sopuli.xyz
A place to post memes & images that won't absolutely obliterate your mental health! Memes must not stray into hopelessness and be generally positive or neutral.
I made this with my kid in mind, so that they can have a good, safe place to look at memes, just made to make folks laugh and smile!
Only goofs & silliness. (:
go to feed...
@sopuli.xyz
A place to post memes & images that won't absolutely obliterate your mental health! Memes must not stray into hopelessness and be generally positive or neutral.
I made this with my kid in mind, so that they can have a good, safe place to look at memes, just made to make folks laugh and smile!
Only goofs & silliness. (:
go to feed...
Haha. Love a suffocating conglomerate that has privatized all my country's domestic utilities and critical infrastructure. Lolz.
Great add. 5/7. tips fedora
save