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India's Tata Group to aggressively scout for overseas acquisitions, top official says

India's Tata Group to aggressively scout for overseas acquisitions, top official says

India's Tata Group is scouting for more overseas acquisitions, the company's executive director said Friday as news reports spread that the conglomerate was looking to buy a European steelmaker.
"We are looking for opportunities in all areas where we are present," said S. Gopalakrishnan, Executive Director of Tata Sons, the group's holding company.
Indian media reported Friday that Tata was looking to acquire London-based steelmaker Corus Group Plc, part of an aggressive strategy by the Mumbai-based firm to purchase companies overseas.


Updated : 2021-04-15 18:20 GMT+08:00