Tata Group dwarfed the entirety of Pakistan; its market capitalization exceeded the GDP of the neighbouring nation

The Tata Group's market capitalization now exceeds that of Pakistan's entire economy. Tata Group companies have produced impressive returns over the past 12 months. At the moment, its market capitalization is $365 billion.

In terms of economic size, Pakistan's GDP is currently estimated by the International Monetary Fund (IMF) to be around 341 billion dollars. Simultaneously, the market capitalization of Tata Consultancy, an additional Tata Group enterprise, stands at 170 billion dollars, nearly half of Pakistan's GDP. In India, it is the second-biggest company.

The market capitalization of the Tata Group companies—TCS, Titan, Tata Power, and Tata Motors—has increased dramatically in the past year as a result of their impressive performance. The wealth of Tata Group companies has doubled in a year.

Companies performing well for Tata also include TRF, Trent, Benaras Hotels, and Tata Investment Corporation. Let us tell you that Tata Group company Tata Capital is planning to launch an IPO next year. Currently, the market value of the company is Rs 2.7 lakh crore.

Talking about Pakistan's economy, recorded a growth of 6.1 per cent in the financial year 2022 and 5.8 per cent in 2021. At the same time, a decline is expected in the financial year 2023. Pakistan has suffered losses worth billions of dollars due to floods, due to which it has a debt of about 125 billion dollars.

Pakistan is trying to pay off its debt of $25 billion by July. But his difficulties do not end here. According to the IMF, its foreign exchange reserves are only $8 billion left.