Inside Tata's empire as N. Chandrasekaran secures another five-year term

India's salt-to-software conglomerate Tata Sons reappointed N. Chandrasekaran as chairman for a further five years on Thursday.

Chandrasekaran, whose current term ends in February 2027, said last month he would not seek another as chairman of Tata Sons, which controls more than 30 group companies.

Also read: Tata Trusts opposes Chandra’s return as Tata Sons' chairman, calls it ‘illegal’


Here are more details on the group's businesses:

AVIATION

Tata's aviation business is anchored by Air India and Air India Express, which together operate a fleet of nearly 300 aircraft. Air India has posted losses every year since the Tata Group took over in 2022 and is midway through a multi-year turnaround programme as it navigates supply chain constraints, mounting losses and modernising IT systems.

AUTOMOTIVE

Tata Motors has transformed from a domestic truckmaker into a global automotive group spanning commercial vehicles, passenger cars and EVs, propelled by its 2008 acquisition of British luxury automaker Jaguar Land Rover for $2.3 billion. Tata Motors completed its demerger in October 2025, splitting into Tata Motors Passenger Vehicles Ltd, with a market value of about $13.43 billion, and Tata Motors Ltd , which manufactures commercial vehicles and is valued at around $17.39 billion.

JLR swung to an annual loss after a cyberattack disrupted production, while the luxury carmaker also grapples with weaker demand in China and higher US tariffs.

In 2025, Tata Motors agreed to acquire Europe's Iveco Group in a $4.36 billion deal combining their commercial vehicle operations, helping it expand its geographic footprint beyond India into Europe and the Americas.

INFORMATION TECHNOLOGY

Founded in 1968, Tata Consultancy Services serves clients across banking, manufacturing, consumer goods and media worldwide. It has historically been the biggest contributor to Tata Sons' dividend income. Its shares have lost more than a quarter of their value this year, giving it a market capitalization of about $92.85 billion, as customers rein in discretionary technology spending amid economic and geopolitical uncertainty.

STEEL

Founded in 1907, Tata Steel is one of the world's oldest steelmakers with operations spanning mining to finished products across India and Europe and a market capitalization of about $24.66 billion. Tata Steel cemented its global presence with the $12 billion Corus buy in 2007.

Tata Steel posted net profit of 159.69 billion Indian rupees ($1.66 billion) for the full year ended March 31, 2026, compared with 84.23 billion rupees last year.

POWER AND ENERGY

Tata Power, one of India's largest integrated power utilities with a market capitalization of about $12.74 billion, operates across power generation, transmission and distribution, renewable energy, solar manufacturing and EV charging, with more than 16 gigawatts of installed capacity serving more than 13 million customers.

It reported profit after tax of 51.18 billion rupees for fiscal 2026, up from 47.75 billion rupees a year earlier.

RETAIL AND CONSUMER

The Tata Group has a strong presence across India's consumer market through companies including watch and jewellery retailer Titan, fashion retail company Trent , packaged foods and beverages business Tata Consumer Products and air-conditioning and consumer durables maker Voltas.

Brands include Tanishq jewellery, Westside and Zudio fashion stores, Croma electronics and BigBasket's online grocery.

Also read: Tata Sons approves five-year extension for N Chandrasekaran to prepare for IPO

The group also owns British tea brand Tetley, and is Starbucks' joint-venture partner in India, running a network of more than 500 outlets across 80 cities.

SEMICONDUCTORS

Tata Electronics, which is not publicly listed, is making a big bet on India's chip ambitions, building a semiconductor fab in Gujarat and a chip assembly and testing facility in Assam, backed by Taiwan's PSMC and ASML. These are expected to serve automotive, AI and consumer electronics.

FINANCIAL SERVICES

Tata Capital offers lending, wealth management and investment banking services through a nationwide network, while Tata AIA and Tata AIG give the group a strong presence in life and general insurance.

TELECOM AND DIGITAL

Tata Communications connects businesses across more than 190 countries and has expanded into cloud, cybersecurity and AI infrastructure, while Tata Play is one of India's leading pay-TV and streaming platforms.