Tata group today announced strengthening its presence in Myanmar with the establishment of a new office in Yangon.
The office, set up by Tata International, will be a central hub for Tata companies and will further enhance and strengthen the group's engagement with stakeholders in Myanmar, it said in a statement.
"It will facilitate growth of Tata companies in the region through furthering their existing capabilities and exploring new opportunities across sectors like agro, power, infrastructure, renewable energy, hospitality, tourism and consumer products," it added.
"Myanmar plays a significant role in a number of our group companies' international portfolio, and we hope to be able to further capitalise on the potential opportunities present in the region," Group Executive Council Member and Group Head for Business Development and Public Affairs, Tata Sons, Madhu Kannan said.
Tata companies present in Myanmar include Tata International, Tata Motors, Jaguar Land Rover, Tata Power, Titan Company and Tata Consultancy Services.
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