Indian conglomerate Tata does not seem satisfied after making history by taking over Anglo-Dutch steel maker Corus and Britain’s premium auto brands Jaguar and Land Rover. It is now considering a partnership with Brazilian aircraft maker Embraer.
Accordin to sources talks were on with Embraer for starting a joint venture for production of aircraft. The world’s third-largest plane manufacturer is unable to cope with orders it is getting from various countries and private players.Tata had offered to set up a joint venture with the aircraft giant, the only firm that makes 120-seater commercial jets.
Read more in The Business Standard article.
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