Ratan Tata, chairman emeritus of Indian holding company Tata Sons, took several questions this month at a key conference in China but the interesting part was the nature of the questions.
Interviewer Zhang Weying, professor of economics at Beijing University, hoped to glean lessons from the patriarch attending the annual Boao Forum for Asia about how Chinese companies could expand and go global. Zhang noted that, while China’s economy has outperformed India’s, its biggest companies still underperform the likes of Tata.
Ratan Tata didn’t seem to have much to say on that, other than noting that conglomerates remain important in India and South Korea.
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