PHILOSOPHY
In keeping with the Tata philosophy of leadership in sectors of national economic significance, Tata’s identified the most promising opportunities for growth in the Indian real estate and infrastructure arena, and setup Tata Realty And Infrastructure Limited (TRIL) as a 100 per cent subsidiary of Tata Sons, to serve as a real estate and infrastructure development arm. Tata’s is one of India's largest conglomerates, with a total market capitalisation of about $110.65 billion (as on March 13, 2014) and a shareholder base of 3.9 million. The Tata group comprises over 100 operating companies in seven business sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals. The group has operations in more than 100 countries across six continents, and its companies export products and services to 150 countries. The Tata companies employ over 540,000 people worldwide. The Tata name has been respected in India for more than 140 years for its adherence to strong values and business ethics.
FOCUS
Real estate projects have been identified as the initial focus area for the company, which include projects of other Tata companies, and market opportunities under review which include infrastructure projects focusing on airports, urban transport, roads and bridges and special economic zones. An offshore fund of $1 billion was setup to finance the real estate initiatives. TRIL is in the business of creating value and assets in the real estate & infrastructure sphere.