Tata Sons' China revenue to cross $1 bn this fiscal
Powered by the acquisition of auto brands Jaguar and Land Rover, (Indian) Tata Sons' revenue from China this fiscal will cross the $1-billion mark, a top company official said on Tuesday.
"Our revenues from China will cross USD 1 billion this financial year, partially because of the Jaguar and Land Rover acquisition," Tata Sons Executive Director Alan Rosling told reporters in Mumbai.
Tata Sons is the holding company of the salt-to- software conglomerate.
Last year, its revenues from China stood at $600 million. Many Tata Group companies have a footprint in the world's fastest-growing major economy. These include TCS, Tata Motors, Tata Steel, Indian Hotels and Tata Autocomp.
About 60 per cent of Tata Sons' revenues come from overseas operations.
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