how can TATA company benefit by opening a branch in South Africa
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TATA Company can be benefitted by opening its branch in South Africa, because if it sells its product here, in South Africa, it can sell easily in rest of Africa.
The success in South Africa will prove to be a benchmark in the African Continent.This will help to increase its business manifolds.
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TATA Company will gain from launching the branch in South Africa because it can sell effectively in the rest of Africa if it markets the commodity here, in South Africa.
Explanation:
- South Africa's progress will continue to be a landmark on the African Continent. This will help increase its market multipliers.
- The Tata Group, one of India's largest two companies, has listed South Africa as a major growth region in its plans to increase the exposure from 25 to 35 percent of its non-Indian firms worldwide in five years.
- The company is about to inject billions of rends into a number of South African sectors, driven on by the declaration of Chairman Ratan Tata to "lost my heart to South Africa."
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