Placing Pakistan and China high on its priority list for investments and joint ventures in areas like automobile, IT and hotels, India’s largest corporate house Tatas on Monday said it was waiting for Islamabad to open its doors for Indian businesses to unleash a major initiative.‘‘I am hopeful that sometime in the near future Pakistan will open up the possibility for Indian business. When it does, we will be there in the automotive business, in the hotel area and.in the software area,’’ Tata group Chief Ratan Tata said.‘‘We believe that we can establish viable businesses in Pakistan, even joint ventures with Pakistani companies to serve that country’s economy,’’ he said, exuding confidence that Tatas could add value and create jobs in Pakistan.On the group’s expansion in neighbouring China, Tata said: ‘‘In hotels, we have been endeavouring to do that. In software, we are already there. In automotives, we have some agreements but we have not seen that much action so far.’’Emphasising that Tatas would like to see the group’s presence in all the countries, where it enters, as an ‘‘enterprise in that country, working with that country and not against that country.’’Elaborating on the group’s philosophy on international business expansion, he said he would be ‘‘most satisfied’’ if the group was remembered as a corporate citizen that really contributed to the growth and development of a country and ‘‘not one that took away from that country for our prosperity somewhere else.’’Asked if the increased international presence would be through fresh investment or by way of acquisitions, Tata said, ‘‘it will be a mix of both.’’The group’s philosophy was to ‘‘partner (with) those countries in infrastructure, in development, in bringing knowledge, in collaborating in new fields; just to be as nationalistic in Bangladesh for Bangladeshis or in Vietnam for the Vietnamese as we would be in India,’’ Tata added.
