Cyrus Mistry today sent out a letter to all employees of Tata Motors calling the change of chairmanship as "Winds of change" The major highlights of the letter read out as follows -
- Tata Group invested INR 50,000 Crore over last 3 years
- Created primary employment for 8,500 people
- Need to respond swiftly, adapt to market conditions
- Need to address small issues that are often overlooked
- Will be relentless in pursuit of improving competitiveness
- To carry stakeholder along in sustainable, 'Tata' way
- Core of Tata group 'must and will' remain unchanged
- Tata group to invest Rs 45,000 crore in 2 years
- To expand operations in Asian, African, Latin American markets
- India to remain attractive investment destination
- Recent policy clarity, reforms by governemnt
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