Tata Sons expects 60 per cent revenues from international operations
The Economic Times — September 27, 2007

One of India's biggest corporate conglomerate Tata Sons today said this year the company expects its revenues from the overseas operations to increase in comparison with its domestic operations.

"We expect 60 per cent of our revenues coming from international operations largely because of Corus acquisition," Tata Sons executive director Alan Rosling told reporters on the sidelines of a conference here.

Last financial year, the company's revenues from international operation touched 37 per cent.

Earlier at the conference Tata Sons Chairman Ratan Tata said: "We are investing more in India than overseas. Our growth is more domestic oriented."

"We are not obsessed with acquisition," Tata said. The Tata name would be added to the Corus. "The name change would be done in course of time," he said.

Tata Sons Chairman said there is a lack of highly skilled manpower in many countries including India. "Each country is rushing to create these skills," he said.