Tata chief sees AI/ML, supply-chain diversification as growth drivers

'Need to keep careful watch on commodity price rises,' Chandra tells employees in New Year message

The Tata group is likely to leverage its technological prowess amid a global transition towards increased use of artificial intelligence (AI) and machine learning (ML), besides taking advantage of global efforts towards sustainability and supply-chain diversification.  

Despite external headwinds and slowing global growth being a drag on output, Tata Sons Chairman N Chandrasekaran, in a new year message to employees, exuded confidence in India’s growth prospects next year, saying “our rising share of global manufacturing should provide some buffer/insulation”. He also lauded the “strong performance” by group companies this year but asked employees to remain watchful of commodity price rises.