Tata Sons has decided to halve the number of listed companies from 29 to 15 in the coming months. This is being done to concentrate on investing in bigger realities that can contend adeptly in the business, a report by Economic Times( ET) said.

The report quoted the empire’s directors as saying that it’s speeding up its simplification to concentrate more on the growth and scale of the company. Also, it may lead to better cash flux in larger companies.

Piecemeal from 29 listed companies, the group has nearly 60 unrecorded companies and hundreds of accessories across ten sectors. Under the current president N Chandrasekaran, the company has been taking way to consolidate its business to ameliorate its effectiveness.

Last week, the group blazoned a junction of seven sword companies into Tata Steel. It’ll include the junction of four listed companies. In March, Tata Consumer Products blazoned its junction with Tata Coffee.

Several similar small realities were created and listed with some specific requirements at that point in time. moment, scale and cost optimisation will help the effective deployment of capital and coffers,” an superintendent told ET.

In technology, the group has three companies, Tata Consultancy, Tata Elxsii, and Tata Digital. Tata Digital is unrecorded, and the other two are listed.

In the machine sector, the company has three listed companies Tata Motors, Automotive Stampings & Assemblies Ltd, and AutomobileCorp. of Goa Ltd. Tata Autocomp Systems is unrecorded.

In 2018, the company blazoned the connection of several businesses in the aerospace and defence sectors under Tata Aerospace & Defence.

In the airline business, the company may soon reportedly combine AirAsia India, Vistara, and Air India into Air India by 2024.

The company’s retail business is also spread across several units, including Trent, Infiniti Retail, which operates under the brand Croma, Titan, and consumer electronics unit Voltas.