|
The Tata Group's operations in Africa are growing steadily;
its reach has spread to 11 African countries and has an
investment base worth billions of rands. The latest projects
to be announced are two new hotels coming up in South Africa.
The
first project has already started in Cape Town and the second
one will be located in Johannesburg. "We are also interested
in building a hotel in Durban. Due to some issues we could
not start that, but we will come back as and when those
issues are resolved," says Tata Africa managing director
Raman Dhawan. The new hotels will greatly increase the Taj
Group's bouquet of African destinations; the luxury chain
already manages the Taj Pamodzi at Lusaka, Zambia.
Although the Tatas have been operating in Africa for six
decades, the Group's presence in South Africa is relatively
new, just thirteen years. But in that time, Tata has built
up a network of businesses in several sectors. The automobile
industry is a focus area; apart from distribution and marketing
of Tata Motor vehicles, the Group makes bus bodies in Johannesburg
and is looking to assemble vehicles as well.
One of the largest investments of Tata in South Africa
is the new ferrochrome smelter in Richards Bay that makes
130,000 tons of ferrochrome for the export market. Telecom
is another big area with Tata taking a major stake in Neotel,
South Africa's second national fixed line licensee. Tata
Consultancy Services also has a significant presence in
the region.
Mr Dhawan attributes the growth of the Tata Group in Africa
to the organisation's forward-thinking vision of investing
in the community and generating resources for the use of
a broader section of society. This year Tata scholarships
have been offered to post graduate students of the University
of KwaZulu Natal.
The scholarships are in keeping with the Tata Group's principles
of philanthropy and social responsibility, and are just
one of many examples of the Group's commitment to work with
the local community towards betterment of their lives.
|