Mistry exhorted the employees to carry forward the legacy of the group’s founder Jamsetji Tata.
Calling for a culture of openness and pooling of resources across companies, Tata Group chairman Cyrus Mistry has asked firms of the conglomerate to focus on innovation and remain agile to succeed in an uncertain and volatile environment.

In an year-end letter to employees, Mistry, who has completed a year at the helm of the group, said that after realising the distinctiveness of every Tata enterprise,” each needs to be viewed in a manner that is appreciative of its uniqueness”.

Exhorting the employees to carry forward the legacy of the group’s founder Jamsetji Tata, whose 175th birth anniversary is being commemorated, Mistry said the year gone by has witnessed a business environment that has continued to be volatile and uncertain.

“This is a time for us to re-look at some of our strategies, recalibrate our business models, fine-tune our execution capabilities and invest in our future,” he said.

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