Pointing out that even during earlier challenging times when entrepreneurs showed far-sightedness and creativity, industrialist Ratan Tata today told the coronavirus crisis will also force entrepreneurs to adapt and create.
Ratan Tata, chairman emeritus of Tata Sons, said in a social media post – “It can all start on a clean sheet of paper that looks at ways of doing things that were never thought of before. This crisis will force entrepreneurs to adapt and create”.
While acknowledging the challenges embedded in the current coronavirus pandemic situation, Tata said his confidence remains high in the inventive nature and the creativity of entrepreneurs today who will find ways to enable new or modified enterprises which would be the benchmarks of tomorrow.
“In past difficult times, entrepreneurs have displayed farsightedness and creativity that would not are believed to exist. These became the flagpoles of innovation and new technology today. The COVID-19 crisis is one among the toughest challenges we’ll face as a race. The Tata Trusts and therefore the Tata group companies have within the past risen to the requirements of the state . At this moment, the need for the hour is greater than any other time”, Tata told hoping that the ability to find another way for building a product, run a company, run operations a far better way, will emerge as an outcome of the present crisis.
The veteran industrialist described coronavirus as the worst crisis we have ever faced. Tata Trusts has donated ₹500 crores for medical supplies and for types of equipment that will help combat the coronavirus outbreak.