Bombay house is thinking big. The USD 22 billion Tata Group now intends to invest over USD 26 billion in the next few years. That's Rs 1,20,000 crore and it's just in India.
"Next 3-5 years the house would probably invest in the vicinity of Rs 1,20,000 crore in India in a variety of sectors and businesses including VSNL and steel, auto, power and chemicals," said Kishore Chaukar, MD at Tata Industries.
The group has already lined up projects, which are are over Rs 1 lakh crore. Tata Steel has planned to invest Rs 67,000 crores in three new steel plants, Tata Motors has chalked out a Rs 10,000 crore expansion plan, Tata Power will pump in Rs 18,000 crores to add 4500 mw capacity.
On Thursday, Tata Group's communication company VSNL announced a Rs 2700 crore rupee investment in two new undersea cables to Europe and Asia to help boost the enterprise data business. All this at home.
Internationally, Tata is present in 40 countries and has acquired 18 businesses worldwide in the past 6 years.That's a bill of Rs 13,200 crore."We have invested quite substantially internationally as well. The focus of the house will be to some extent wider than what it has been in the past," said Kishore Chaukar, MD at Tata Industries.
Apart fom key sectors like auto, steel, technology, telecom, hospitality and power, the group is also looking at investing in emerging businesses like alternative medicine, other energy projects, and utilities, both home and abroad.
The group has already lined up projects, which are are over Rs 1 lakh crore. 
