Tata Motors Ltd Chairman’s Speech at 79th AGM
New Delhi, June 24, 2024.
Good Afternoon, Ladies and gentlemen. Let me take this opportunity to take you through the backdrop in which your company is operating, the performance last year as well as the plans for the years to come.
While we are seeing growth and stability in India, the global geo-political scenario continues to remain troubled with continuing military conflicts. The coordinated actions by the central banks of several countries have helped moderate inflation albeit the absolute price levels continue to remain high. The economic scenario is expected to stabilize with global growth estimated to be around 3% during the next couple of years.
The structural shifts that we had called out last year when we met, are continuing to evolve. These are i) Energy transition–irre...
