152-yr-old Tata Group could be taking a leaf from Mukesh Ambani playbook as it is in talks with Walmart Inc. for a $25 bn investment in a super-app, a multipurpose online platform.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
Why did not Tatas or Ambani acquire Flipkart early on? Having knowledge of Indian market they should have spotted ecommerce and portal opportunities in India much before American and Chinese companies did.
They seem to be reacting rather late. They will have to depend on technologies from US companies now.
Tatas and Ambani just want to diversify into too many things. Can’t they stick to one thing and become world class? They are not specialists with core competencies like Tencent or Alibaba. I am not even bothering to compare with Amazon or Google.
These industrialists have deep pockets and like to make investments in new areas and dominate inside India. But don’t expect any innovation from them in technology space.
Alibaba and Tencent started from nowhere and their founders are all self made billionaires. They may dominate inside China but they are doing world class work on their own without tying up with anyone else. They are truly Atmanirbhar!
The difference between Poni Ma and Jack Ma vs Ambani and Tata is that Chinese duo were promoting Chinese manufactured items and helping them to find market outside China. Whereas both Indian companies are helping foreign brands to penetrate in Indian market.
Why did not Tatas or Ambani acquire Flipkart early on? Having knowledge of Indian market they should have spotted ecommerce and portal opportunities in India much before American and Chinese companies did.
They seem to be reacting rather late. They will have to depend on technologies from US companies now.
Tatas and Ambani just want to diversify into too many things. Can’t they stick to one thing and become world class? They are not specialists with core competencies like Tencent or Alibaba. I am not even bothering to compare with Amazon or Google.
These industrialists have deep pockets and like to make investments in new areas and dominate inside India. But don’t expect any innovation from them in technology space.
Alibaba and Tencent started from nowhere and their founders are all self made billionaires. They may dominate inside China but they are doing world class work on their own without tying up with anyone else. They are truly Atmanirbhar!
The difference between Poni Ma and Jack Ma vs Ambani and Tata is that Chinese duo were promoting Chinese manufactured items and helping them to find market outside China. Whereas both Indian companies are helping foreign brands to penetrate in Indian market.