Tata Technologies (Tata Tech) is expected to grow 69 per cent to about $800 million by 2025, up from $473 million during 2021-22, driven by an increase in demand in the electric vehicle space and aviation, a top company official has said. The company is also looking at growth through mergers and acquisitions.
“We are expecting business to grow 20 per cent in the next 12 months. We expect to see a 15 per cent CAGR after that. Organically, by 2025, Tata Tech can grow our business to over $800 million,” said Warren Harris, managing director and chief executive officer of Tata Tech — the engineering services and product development arm of Tata Group.
For the year ended March 2022,