Entrepreneurs will find ways to enable new or modified enterprises: Ratan Tata

Entrepreneurs will find ways to enable new or modified enterprises: Ratan Tata

AgenciesUpdated: Monday, May 11, 2020, 05:59 PM IST
article-image

Veteran industrialist Ratan Tata on Monday said the coronavirus pandemic will force entrepreneurs to adapt, create and find ways to enable new or modified enterprises that would be benchmarks of tomorrow.

While seeking not to "downplay the challenges and the difficulties embedded in these current times" the Chairman Emeritus of Tata Sons — the holding firm of Tata Group said, "It can all start on a clean sheet of paper that looks at ways of doing things that were never thought of before."

In a post on social media platform Instagram, Tata hoped that entrepreneurs will find a better way to run their operations following the pandemic that has severely disrupted economic activity.

"In past difficult times, entrepreneurs have displayed farsightedness and creativity that could not have been believed to exist. These became the flagpoles of innovation and new technology today. "I hope that the ability to find another way to build a product, run a company, run operations a better way, will emerge as an outcome of the current crisis," he said.

Tata, who was the Chairman of Tata Sons from 1991 till his retirement on December 28, 2012, further said, "This crisis will force entrepreneurs to adapt and create.” Tata, is one of the few industrialists who has been actively investing in several startups after his retirement.

RECENT STORIES

Tata Power Renewable Secures First BESPA With NHPC, Strengthens Kerala’s Energy Resilience

Tata Power Renewable Secures First BESPA With NHPC, Strengthens Kerala’s Energy Resilience

Torrent Pharma Seeks CCI Nod For ₹19,500-Crore Acquisition Of JB Chemicals, Eyes Number 2 Spot In...

Torrent Pharma Seeks CCI Nod For ₹19,500-Crore Acquisition Of JB Chemicals, Eyes Number 2 Spot In...

IndiQube Spaces IPO To Open On July 23, Price Band Set At ₹225-237 With ₹700 Cr Target

IndiQube Spaces IPO To Open On July 23, Price Band Set At ₹225-237 With ₹700 Cr Target

OpenAI Launches ChatGPT Agent: Now Book Tickets, Order Food & Get Tasks Done — Here’s How to Use...

OpenAI Launches ChatGPT Agent: Now Book Tickets, Order Food & Get Tasks Done — Here’s How to Use...

Sensex - Nifty Open Lower Amid Weak FII Sentiment, Midcap & Smallcap Stocks Lend Market Support

Sensex - Nifty Open Lower Amid Weak FII Sentiment, Midcap & Smallcap Stocks Lend Market Support