New Tata boss to face formidable challenges
Xtreme News India
24-08-2026 17:15:40
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New Tata boss to face formidable challenges
Mumbai (Special correspondent) - The shock resignation of Tata Sons chairman N Chandrasekaran earlier this month has left corporate India's top job vacant. But finding his successor will be no easy task for the country's most revered conglomerate, whose sprawling $300bn empire spans Jaguar Land Rover and Air India as well as manufacturing iPhones for Apppole.
Tata Sons chairman N Chandrasekaran resigned on 12 August following alleged differences with Tata Trusts board
The shock resignation of Tata Sons chairman N Chandrasekaran earlier this month has left corporate India's top job vacant. But finding his successor will be no easy task for the country's most revered conglomerate, whose sprawling $300bn empire spans Jaguar Land Rover and Air India as well as manufacturing iPhones for Apple.
Chandrasekaran resigned amid a deadlock over his reappointment and a widening rift with Tata Trusts - the charity arm which owns controlling shares of the unlisted commercial holding company.
The disagreements are said to have centred over a public listing of Tata Sons as well as capital allocation for the group's various new unlisted businesses, including semiconductors, e-commerce and aviation, all of which are bleeding money.
The group has been in the middle of the largest ever capital investment cycle, with tens of billions of dollars being deployed on everything from building India's first chip fabrication plant to manufacturing EV batteries and turning around Air India, which the Tatas bought from the government in 2022.
The new person at the helm will need to have an ability to assess and absorb the risks that have come with this breakneck expansion as well as rise up to numerous other challenges, Hetal Dalal from Institutional Investor Advisor Services (IiAS), a governance advisory firm, told the BBC.
"It is an incredibly difficult role not just for the individual who will get it but also for the selection committee to find someone. It requires a multitude of skillsets and experience from managing the Tata Trusts to the Tata Sons board, understanding various new businesses and being able to also have strong relationships with regulators and the government," Dalal said.
"There aren't many people running such large, diversified conglomerates. And will they leave their current roles to join the Tata Group?"
The complexity of the role has risen in recent years as the "collective losses of the new businesses are more than the cashflow generated by older companies like TCS, the group's software arm whose business model has been challenged by AI”, Nirmalya Kumar, who previously headed strategy at Tata Sons, told the BBC.
Source : BBC news
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