Chandra bows out: Tata Sons Chairman to exit after nearly a decade

Mumbai: N Chandrasekaran will step down as chairman of Tata Sons when his second term expires in February 2027, ending a nearly decade-long tenure in which he reshaped India’s largest conglomerate with a series of big bets on aviation, semiconductors, electronics and hardware, newage energy and digital business.

Failure to be elected as a director at the Tata Sons annual general meeting (AGM) next week could have immediately ended his executive tenure, people familiar with the matter told ET. Chandrasekaran, 63, told the Tata Sons board on Wednesday that he would not seek reappointment.