Tata is also seeking to catch up with rivals such as Amazon.com Inc., Walmart Inc.’s Flipkart and new entrant, billionaire Mukesh Ambani’s Reliance Industries Ltd., who have unveiled grand plans for India. Reliance just finished raising more than $20 billion from investors, including Facebook Inc. and Google, for its digital services platform, while Amazon founder Jeff Bezos has bet $6.5 billion on growth in the world’s second-most populous country.
Tata Digital Chief Executive Officer Pratik Pal is in charge of building the app, the person said. Pal has three decades experience at Tata Consultancy Services Ltd., where he was global head of retail, and helped with the digital transformation of some of the world’s largest retail chains including Walmart, Tesco Plc, Aldi Inc., Target Corp., Best Buy Co. and Marks & Spencer Group Plc.
A representative for Tata Group
declined to comment.
The all-in-one app, reported first by the Financial Times, wants to capitalize on the scope and scale of the Tata Group, which also makes cars, air conditioners, smart watches and tea. It operates luxury hotels, airlines, utilities, an insurance business, departmental stores and a supermarket chain. In addition, it owns brands like Tetley and Jaguar Land Rover and runs Starbucks in India.
Natarajan Chandrasekaran, chairman of holding company Tata Sons Pvt. and a long time CEO of TCS, is now championing the digitization drive.