Tata Technologies investment in America : Tata Technologies may delay the decision to invest in the US. The company’s CEO and MD Warren Harris has said that there is still uncertainty about US President Donald Trump’s tariff policy, which could delay the investment decision there. However, the global product engineering and digital services company with significant presence in the US hopes that the policy will get some clarity in the next one or two months. Harris told the news agency PTI, “We are very optimistic about medium to long term in North America. Lack of clarity on things like tariff is not helpful. They are not helpful for customers and because they are not helpful to our customers, investment decisions are likely to be delayed. ”
Clarification is required on tariff
Harris was answering a question asked about the impact of Tram’s tariff war against various countries. He said, “But we are clear about the fact that the Trump administration has not been for more than two months, so I think there will be clarity on policy matters in the next one or two months.” “Whether we like the tariff or not, the most important thing is clarity and once our customers get clarity, they can do the correct setting accordingly.” When asked if Tata Technologies is ready for any situation, Harris said, “We always keep an eye on the market situation and the last 12 months have taught us that we should be fit and flexible.”
‘We support free trade’
He emphasized that Tata Technologies are not an organization that advocates things like tariffs. He said, “We are a global company and therefore we are fully committed to anything supporting free trade.” He also said that “We have learned to deal with various market situations in different parts of the world.” Europe is very different from North America. What is happening in China is very different from India. He said, “In such a situation, as an organization, we are committed to keeping ourselves fit and flexible.”
