Mumbai, May 22 (PTI) The salt-to-software Tata Group is keen to make a foray into newer technology-driven businesses such as alternate energy research and clinical diagnostics, a top executive has said.
To begin with, the USD 72-billion Group is keenly looking at launching a dedicated R&D company on the alternate energy front.
"Whether it is solar, whether it is wind, whether its fuel cell ... it does not matter (for setting up ventures," Tata Industries Managing Director Kishore A Chaukar told PTI.
He, however, declined to give any timeframe or investment details for these two new ventures being planned by the country's top conglomerate, which already boasts of having over 98 companies under its umbrella.
Tata Industries' website lists it as a vehicle "to promote Tata's entry into new and high-tech businesses.