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

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.