Tata Group companies have began deliberately reducing their exposure to overseas markets by abandoning small operations in order to reinvest funds and focus more on domestic markets, according to the conglomerate’s top executives.

Companies have been told to keep profitable operations that aren’t a distraction from their major consumer market, India, and to focus more capital on scalable lucrative firms. Officials added that any strategic expansion plans outside of India will be selective and implemented only if they match scalability and profitability requirements.