The uncertain situation in the US has made investment decisions for TATA Technology difficult and the recent statements by CEO Warren Harris shed light on the company’s plans. Talking to the PTI from Detroit, Harris said that the next few months might make things clear but as of now, the company will not move ahead with the investment goals.
TATA Technologies is an international engineering and digital service company with a strong presence in the States.
We are very bullish, medium to long term in North America. The lack of clarity on things like tariffs are not helpful. They’re not helpful to our customers, and because they’re not helpful to our customers, investment decisions are likely to be delayed.
Tata Technologies CEO and MD, Warren Harris
After his re-election as the president of the United States, Donald Trump has imposed tariffs on several countries. The above statement comes in response to the question of tariff wars. He emphasized on the short tenure of the new government and talked about the constant monitoring of the situation to adopt as per the requirement.
With leadership changes, TATA Technologies is maintaining a poise and taking careful steps, as reflected in Warren Harris’s statements. He further remarked that the past 12 months have taught them to be agile and flexible at the same time.
Harris asserted that TATA Technologies is “not an organization that advocates things like tariffs,” he said, “We’re a global company, and so anything that supports free trade is something that we are very much aligned to.”
He focused on the role of software as an emerging dimension and the opportunity it comes with and also added that the company has learned to deal with market changes in different parts of the world and is ready for the future.
