Tata Sons Board Meet Weighs Third Term For Chairman N. Chandrasekaran Amid Major Capex Cycle

Tata Sons is deliberating on the possibility of extending N. Chandrasekaran's chairmanship for a third term, effective from 2027. This move comes at a critical juncture as the Tata Group embarks on a significant capital expenditure (capex) cycle, focusing on sectors such as semiconductors, electric vehicles (EVs), and clean energy. The decision aims to ensure leadership consistency and strategic direction during this transformative period for the conglomerate. N. Chandrasekaran, who has been at the helm since 2017, is credited with steering the group through various challenges and spearheading its diversification efforts. The upcoming board meeting will examine the potential implications of extending his tenure, particularly in the context of the aggressive investments planned across multiple sectors that are pivotal to India's economic growth and sustainability objectives. In light of the rapid advancements in technology and increasing global competition, the Tata Group's commitment to these industries underscores its ambition to remain a leader in innovation and sustainability within the Indian market and beyond.