~ by Charmaine Mirza
India Inc. is reeling in the wake of the recent dismissal of Cyrus Mistry’s dismissal as CEO of Tata Sons, the promoter company of the Tata Group. The subsequent fracas between Ratan Tata and Cyrus Mistry that has ensued has raised many questions (and eyebrows).
But the question that Inchin Closer is asking is if this will have an impact on the Tata Group’s interests in China. If so, which way will the balance tilt?
- Cyrus Mistry was bullish on China as a market for future growth.
- But the fact remains that the initial roots for the Tata companies’ businesses in China were already sown prior to him taking over.
- There were also strategic alliances between the Tata Group and some provinces in China who foundations had already been laid under Ratan Tata’s stewardship.