Tata will build what India needs, even if it takes longer: Tata Sons chairman Natarajan Chandrasekaran
Natarajan Chandrasekaran of Tata Sons affirmed the conglomerate's commitment to producing semiconductor chips amid ongoing boardroom disputes. Tata is investing heavily in India's first chip-making unit, a key to future growth. Noel Tata has expressed disagreements over capital decisions and shareholder returns, which has escalated tensions. Despite operational challenges at Air India and within Tata Technologies, the group continues to maintain double-digit growth.
Tata Sons chairman Natarajan Chandrasekaran said on Tuesday that the conglomerate will continue making what the world and India require, including semiconductor chips , even if these take longer to build while the group continues to face a boardroom tussle. “Direction is certain, need is certain, ability to execute is certain,” Chandrasekaran said. at the 2026 Bloomberg New Economy Forum in New Delhi. Chandrasekaran focussed on the fact that India has the talent, market and the ability to build, pressing that semiconductor chips would be fundamentally required in a world with growing space for advanced manufacturing. Advt
At nearly 160 years old and with $185 billion in revenue last fiscal, Tata is betting $120 billion on its next growth chapter, anchored by India’s first chip-making unit, a landmark project in the country’s ambition to become a high-tech manufacturing powerhouse. Noel Tata, chairman at Tata Trusts that owns about 66% of Tata Sons, has recently publicly had major differences with Chandrasekaran over the group's decisions pertaining to capital allocation and faster return to shareholders.
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