Tata Infra Sectors
Fast tracking its investment activities across the country, Tata Group companies including Tata Housing, Tata Realty and Tata Projects, which currently have projects worth Rs 15,000-20,000cr in various stages of execution, have targeted to invest a staggering sum worth Rs 70,000cr covering the real estate and infrastructure sectors. This is probably for the first time the companies of the group in the infrastructure segment have come together for a unified target, said sources adding that there are large opportunities for Tata Group companies to participate in sectors such as roads and highways, in which investments are expected to grow at 16 per cent a year.

It may be recalled that Tata Realty and Infrastructure, a wholly owned subsidiary of the group holding firm Tata Sons, is scouting for new highway projects to benefit from increasing investment in road infrastructure. It constructed the 110-km Pune-Solapur four-lane project under the National Highways Development Program this year. Apart from this, the player also acquired three road projects from infrastructure firm IVRCL in the recent past. Now, it is looking at road projects worth Rs 7,500cr and in the next five years it will also cover sectors like airport and urban transport, Managing Director and Chief Executive Officer, Tata Realty, Sanjay G Ubale, said.