India's Tata Group weighs sale of Voltas home appliances business

India's Tata Group weighs sale of Voltas home appliances business

FILE PHOTO: A man walks past a Tata sign outside their offices in London, Britain March 30, 2016. REUTERS/Toby Melville

India’s Tata Group is considering selling the home appliances business of Voltas, in which it has a nearly 30% stake, as the conglomerate expects difficulties in scaling it up in a competitive market, Bloomberg News reported on Tuesday.

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