MTI says Tata’s strategic business interventions advantageous for Sri Lanka

Saturday, 22 July 2023 00:21 - - {{hitsCtrl.values.hits}}

With a population of 1.4 billion and among the fastest growing economies in the world, Sri Lanka is in a vantage position to benefit and learn from the world’s 6th largest economy. Within India, Sri Lanka should further strengthen its strategic relationship with the Tata Group.

The visit by Tata Sons Chairman Natarajan Chandrasekaran to Sri Lanka is a great move for Sri Lanka – at a time of economic re-structuring. “It is encouraging to see Sri Lanka take a highly focused and customised approach to driving FDIs into Sri Lanka – as opposed to relying on broad-brush promotional campaigns that will take ages to see the benefit of,” said MTI Consulting CEO Hilmy Cader.

MTI Consulting recently completed working on the India Enterprise Connectivity Strategy with Tata Tele-Business Services. Tata is among the most diversified global entities, more importantly respected for its sincere commitment to corporate conduct – that is engrained in the Tata Values.

The Tata group comprises of over 250+ subsidiary companies, 70+ Associates and 6 joint ventures companies across ten verticals (from aerospace to Telecom and Media) in more than 100 countries across six continent. In 2021-22, the revenue of Tata companies, was $ 128 billion (INR 9.6 trillion) with a market capitalisation of $ 311 billion (INR 23.6 trillion) as on 31 March 2022. Collectively these companies employ over 935,000 people

MTI Consulting is an internationally networked Strategy Consultancy, having worked on 680 assignments across 51 countries in the last 26 years. MTI operates via 6 regional offices, covering Africa, Asia-Pacific, Europe, Middle East, North America, and South Asia.