Tata Motors Pays Tribute Amidst Strategic Changes
Tata Motors Chairman N Chandrasekaran led a tribute at the company's AGM for the Air India crash victims. He highlighted the continuing economic volatility and its impact on the automotive sector. The company has made strides in financial performance and operational structure, aiming for sustainable growth amidst challenges.
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At Tata Motors' 80th annual general meeting on Friday, Chairman N Chandrasekaran led a heartfelt homage to the victims of the recent Air India crash.
In his first AGM speech since the tragedy, he pointed to the unpredictable economic environment's effects on the automotive industry, emphasizing the company's restructuring efforts as a means of adaptation.
Tata Motors has achieved record financial performance, boosting its flexibility and resilience. The AGM also witnessed an approved final dividend and highlighted the absence of former chairman Ratan Tata, paying homage to his contributions.
(With inputs from agencies.)
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