Over the next four years, Tata Technologies, part of India’s $116 billion Tata Group, plans to acquire a number of secondary and tertiary defense suppliers as part of a corporate plan to grow revenues from $500 million today to around $1 billion by 2020, reports Defense News. Tata Technologies CEO Warren Harris said that his company is actively seeking companies it can buy up in order to grow its global footprint, specifically among those secondary and tertiary firms that make up the U.S. defense supply chain.
Tata Technologies handles a significant portion of Tata Group’s defense work, handling offset obligations from Western defense firms that want to do business with India. In 2008, the company created a joint venture with Hindustan Aeronautics Limited, India’s largest defense aerospace firm focusing on tooling and manufacturing.
“In the last six years our compound annual growth rate is 16 percent,” Harris explained. “We fully expect to be able to maintain that organically. Our trajectory over the next four years organically sees us going to $800 million, so we see about $200 million in revenue that will come in from acquisitions.”
Harris added that the company will conduct both commercial and defense work. Tata Technologies is about 70 percent automotive, 11 percent aerospace, and 12 percent industrial heavy machinery, and Harris wants to see aerospace grow at a much higher rate than automotive, in order to keep a balanced portfolio.
The company’s role will remain “secondary to tertiary” in developed markets such as the U.S. and U.K., but it aims to be Tier 1 in India and the Middle East.
“We’re certainly very bullish about the prospects for the Indian government to discharge some of the plans that have been built in for the last 10 years,” Harris said. “We’ve been expecting this wave of procurement decisions that have not been realized, but I think over the last 12-18 months we’re really starting to see signs that will start to happen.”
Last updated: December 26th, 2025
