Digitization in India is on full swing. India is one of the few nations where internet comes at affordable price for the common man and hence the rate of digitization is high. By 2030, India will be doing 300 Billion dollars worth of Online Retail business inside the nation. Mukesh Ambani realized this factor and is creating roadmaps for Reliance in that way. It is known that several big shot companies round the world invested in Reliance recently on the Online Retail side.
To counter the Reliance’s monopoly in future India in this domain, TATA is coming up with a super app. N Chandrasekaran, who took TATA group to a new level by leading the most profitable business TCS and hence taking over the reigns of the mighty TATA group, is creating roadmaps to take the group to the next level. This super app from the TATAs will be covering all the Online Retail sectors and will be like an umbrella for every product and service.
Around 1000 Crores is expected to be spent on this project and we can expect the seriousness of the TATAs in this domain. Stay tuned to know more about this app.