Tata Group tries to break heavy-industry curse with flurry of e-commerce deals
Online pharmacy and grocery acquisitions meant to challenge Flipkart and Amazon
Grocery delivery service BigBasket made over $1 billion in revenue during 2020, largely from consumers stuck at home amid India's COVID-19 lockdowns. (Photo by Ryosuke Hanada)
TOKYO -- Tata Group has hit the accelerator on its expansion into digital services, as lndia's biggest conglomerate seeks to make up for lost time in a shift from heavy industry like cars and steel.
The 153-year-old group's high-profile acquisitions announced in recent weeks are designed to challenge tech leaders Flipkart and Amazon.com in India's fast-growing e-commerce market.
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