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Business

Tata Group Chairman N Chandrasekaran to Step Down

Tata Group chairman N Chandrasekaran will not seek reappointment when his term ends, citing a lack of support from the Tata Sons board. Chandrasekaran, known as Chandra in corporate circles, made history as the first non-Parsi chairman in the Tata Group's 150-year existence. He was personally selected for the role by the late Ratan Tata. During his leadership, the conglomerate expanded significantly, with aggregate revenue rising from Rs 7.89 lakh crore in fiscal year 2020 to Rs 16.24 lakh crore in fiscal year 2026, according to company figures. The Tata Group owns Jaguar Land Rover. His departure marks a significant transition for one of India's largest business houses.

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