India’s conglomerate focuses investment on Vietnam, Myanmar
(VOVworld) - Seven companies of India’s Tata Sons Group would focus on Myanmar and Vietnam as viable markets to expand its business. A Tata Sons spokesperson was quoted by The Economic Times and International Business Times of India as saying that growing economies, expanding middle class and tax incentives have made Vietnam and Myanmar important destinations for firms looking to expand their global operations in South East Asia. He added that Tata companies such as Tata Power, Tata Projects, Tata Chemical, Titan and Tata Motors, among others, are on the lookout for opportunities in Vietnam and Myanmar. He noted that the demographics and the economic development stage of these countries represent a market for several products and services from the Tata Group.