E-commerce to change face of Indian merchandise biz: Ratan Tata

Promising start-ups in e-commerce and e-retail space are the ones that will change the face of Indian merchandising and marketing business, Tata Sons Chairman Emeritus Ratan Tata said today.

"For the last three years, I have been a free person (by not in command of the Tata Group). If I look at the landscape, I see the future in young managers, the young start-ups. It is what I saw in United States in the 70s and 80s," he said.