Reuters exclusively reports Tata Group’s expansion into e-commerce

Last Updated on 31/07/2021 by


Business & Finance

India’s Tata Group is taking a more vocal interest in rules shaping online marketplaces, hinting at ambitions as it reappraises its retail strategy just as e-commerce reform threatens to muddy plans. Reuters reported exclusively how the $106 billion conglomerate, which is still an e-commerce minnow, was far more vociferous than market leader Amazon.com Inc at a July 3 meeting with government officials about proposals, such as the prohibition of sales of own-brand or affiliates’ goods on online marketplaces. The 153-year-old Tata conglomerate is ubiquitous on Indian high streets, so its voice in favor of e-commerce at the July 3 meeting indicates the degree to which it is changing tack. 

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Equities

Regions: Asia

Countries: India

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story



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