Tata will build what India needs: Chandra

Tata Sons chairman Natarajan Chandrasekaran affirmed on Tuesday that his conglomerate remains committed to producing what the world, including India, demands, such as semiconductor chips, despite potential delays in their development. Speaking at the 2026 Bloomberg New Economy Forum in New Delhi, Chandrasekaran emphasized that the company's direction, need, and ability to execute are all clear.

He highlighted India's talent pool, market, and capacity for advanced manufacturing, stating that semiconductor chips would be crucial in a world where advanced manufacturing is gaining more importance. With a revenue of $185 billion in the previous fiscal year, Tata is planning to invest $120 billion in its next growth phase, which includes the establishment of India's first chip-making unit, a significant project in the nation's push to become a leading high-tech manufacturing hub.

The conflict between Tata Sons chairman Natarajan Chandrasekaran and Noël Tata, chairman of Tata Trusts, which owns about 66% of Tata Sons, has escalated recently. Noel Tata disagreed with Chandrasekaran's decision to reappoint himself as chairman, leading to a legal challenge by the Trusts. Despite this, Tata continues to navigate multiple operational challenges and a boardroom dispute, including the crash of Air India, a cyberattack, and supply-chain disruptions. However, the conglomerate has managed to maintain its margins and achieve double-digit growth.