Conditions in india that make broad-based diversification

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Tata Group is one of India's largest companies employing 203,000 people in many different industries (e.g., telecommunications, jewellery, steel, energy, vehicles). Such diversity far exceeds that of any North American, western European or Australian cmpany.

Discuss the conditions in India that might make such a broad-based diversification both feasible and profitable?

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Reference no: EM13722919

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