Air India acquisition: Bombay House will face one of its biggest business challenges to make its aviation dream fly

The Tata Group will face one of its biggest business challenges in trying to make the Air India acquisition work, given its chequered record on this front. Some of its blockbuster overseas investments are still a work in progress.

The purchase of Jaguar Land Rover was probably among the better bets made by the group but the unit does yoyo from profits to losses in an industry where market dynamics keep shifting, owing to technological transformations as well as geopolitical and other factors, including Brexit. Disruptors such as Tesla and Chinese carmakers are forcing heavyweight incumbents to change course.