Tatas stick to measured growth in retail business, plan expansion

While Tata's retail strategy, experts said, is unlikely to change overnight, the group is still looking to grow its footprint, albeit carefully

Last week, Tata Sons Chairman N Chandrasekaran took steps to get over 1,000 subsidiaries within the group to synergise and to scale up key verticals. This was part of the holding company’s broader plan to simplify business operations and focus on high-growth areas such as consumer and retail. 

Retail, in particular, has been one segment where the group has been measured in terms of its outlook. In two decades since its start, Trent’s flagship apparel chain Westside, for instance, has only 125 stores according to its 2017-18 (FY18) annual report. Latest Westside store count is not available.

Croma, the group’s