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Tata Chairman N Chandrasekaran

World needs resilience and India can take lead: N Chandrasekaran

Tata Sons Chairman further said India produces the largest number of graduates, which is just one of the several factors putting the country in an advantageous position

Updated On : 19 Jan 2023 | 12:06 AM IST

India well positioned to be fastest growing major economy: Chandrasekaran

India is well positioned to continue to be the fastest-growing major economy next year, which may mark the lowest global growth since the millennium began barring the pandemic and the global financial crisis, according to Tata Sons Chairman N Chandrasekaran. In his New Year message to around 9.35 lakh employees of the Tata Group, he said increasing consumption, consumer confidence and investment will support India's growth story although the global environment has several risk factors, including the energy crisis in Europe, the battle to contain inflation to avoid recession, and ongoing geopolitical conflicts. "Post-pandemic, India opened up, and we have returned to living our daily lives normally, in a year that saw the nation turn 75 years old. Business momentum has been strong for many of our companies," he wrote. In the next year, Chandrasekaran said, "we are likely to see inflation gradually moderate. India is well positioned, and we will continue to be the fastest growing majo

Updated On : 26 Dec 2022 | 7:04 PM IST

Reform will propel fundamentals of India's performance: N Chandrasekaran

Reform will be a key pillar that will propel fundamentals of India's performance in the coming decades, which have a major growth opportunity for the country, Tata Sons Chairman N Chandrasekaran said on Friday. While the country can look forward to becoming a USD 25-30 trillion economy in its 100th year of Independence, it is also crucial to spread the gains of the future to everyone, including informal workers, agricultural labourers and women, he said while addressing the annual convention of industry body FICCI. Chandrasekaran noted that the government has taken several reforms before and after the pandemic which has set a strong foundation for a renewed vision for India in 2047. "Looking for the next few decades, India presents a major growth opportunity. At the same time, it is important to remember the scope of reforms India has undertaken in the last few years," he said. Pre-pandemic, the government introduced GST, Insolvency and Bankruptcy Code (IBC), inflation targeting ..

Updated On : 16 Dec 2022 | 5:53 PM IST

Tata Sons chairman N Chandrasekaran condoles death of Cyrus Mistry

Tata Sons Chairman N Chandrasekaran on Sunday condoled the death of Cyrus Mistry, a man who, he said, had a passion for life. "I am deeply saddened by the sudden and untimely demise of Mr Cyrus Mistry. He had a passion for life and it is really tragic that he passed away at such a young age," Chandrasekaran said in a statement. He further said, "My deepest condolences and prayers for his family in these difficult times." According to police, Mistry (54) was killed on Sunday when his car hit a road divider on a bridge in Maharashtra's Palghar district neighbouring Mumbai. Mistry took over as Chairman of Tata Sons in December 2012 after Ratan Tata retired. However, in October 2016 he was ousted from the position followed by boardroom battles and a long-drawn legal battle. Chandrasekaran was designated as Chairman of Tata Sons in January 2017 and took official charge in February 2017.