Tatar Group's market value is reported to be greater than Pakistan's GDP.
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| TATA group |
The market capitalization of the group has reached nearly Rs 30.30 lakh crore.
This is higher than Pakistan's GDP of Rs 28.30 lakh crore.
Of this, TCS alone has a market value of nearly 14.77 lakh crore rupees, more than 50 percent of Pakistan's GDP.
Tata Group recently became the first Indian conglomerate to reach a market capitalization of Rs 30 lakh crore.
The reason for this is the rise in share prices of companies such as TCS, Tata Motors and Tata Power under this group. Last year alone, Tata Group's market capitalization rose to nearly Rs 6.13 lakh crore.
The combined value of Reliance, TCS, HDFC, Bank and Infosys is nearly Rs 89.97 lakh crore. This is more than the combined GDP of Bangladesh, Pakistan, Nepal, Sri Lanka, Bhutan and Maldives.List of countries, Bangladesh..37,01. Pakistan..28.27. Sri Lanka..6.21. Nepal...3.43. Maldives...0.57. Bhutan..0.22. Evidence. International Finance.. (Gross Domestic Product, Rupees in Lakh Crores)
In this situation, Pakistan has been facing economic crisis for the past few years.
Since 2011, Pakistan's external debt has doubled and domestic debt has increased six-fold.
Due to increasing and decreasing debt, foreign exchange reserves and unstable politics, the Pakistani economy is said to have reached an unsustainable situation.