Tata Sons chairman N Chandrasekaran said on Wednesday that he had resigned after failing to secure board approval for his reappointment, amid tensions with Tata Trusts, the charitable arm that controls the Tata Group.
Tata Trusts owns about 66% of Tata Sons, the holding company that oversees more than 30 businesses across the conglomerate.
Here is a look at the Tata Group’s major businesses:
N Chandrasekaran resigned after failing to secure board approval for his reappointment amid tensions with Tata Trusts, the charitable arm controlling the Tata Group.
During Chandrasekaran's tenure, Tata Group's market capitalization tripled, reflecting significant wealth creation despite recent stock performance challenges.
The selection committee for Tata Sons' next chairman comprises five members, including nominations from Tata Trusts and the Tata Sons board, with an independent member chosen from outside.
Leadership clarity is crucial for sustaining stakeholder confidence and effective execution of strategic projects as the group navigates through uncertainty following Chandrasekaran's departure.
Following Chandrasekaran's resignation, shares of several Tata Group companies, including Tata Consultancy Services and Tata Steel, experienced a decline in investor sentiment.
The group’s aviation business is led by Air India and Air India Express, which together operate nearly 300 aircraft.
Air India merged with Vistara in November 2024 under a deal between Tata Sons and Singapore Airlines, creating a larger full-service airline with a wider network and fleet.
Air India has reported losses every year since the Tata Group took over in 2022. The airline is now in the middle of a multi-year turnaround programme, dealing with supply chain problems, mounting losses and the modernisation of its legacy IT systems.
Tata Motors has grown from a domestic truckmaker into a global automotive group with businesses spanning commercial vehicles, passenger cars and electric vehicles. Its expansion was boosted by its $2.3 billion acquisition of British luxury carmaker Jaguar Land Rover (JLR) in 2008.
Tata Motors completed its demerger in October 2025, splitting its passenger vehicle and commercial vehicle businesses into two separately listed companies. Tata Motors Passenger Vehicles Ltd has a market value of about $13.43 billion, while Tata Motors Ltd, which makes commercial vehicles, is valued at around $17.39 billion.
The passenger vehicle business sold 641,587 vehicles, including EVs, in the 2026 financial year.
JLR, meanwhile, swung to an annual loss after a cyberattack disrupted production. The luxury carmaker is also facing weaker demand in China and higher US tariffs.