Ratan Tata, the renowned former chairman emeritus of the Tata Group, has left an indelible mark on India’s business landscape. Known for his unique blend of business acumen and philanthropy, Tata guided the conglomerate through decades of growth and diversification.
At 86 years old and without children, the question of Ratan Tata’s succession has become a topic. Who will lead the vast 3,800 crore rupee Tata Group business empire? Fortunately, succession planning is already underway. Natarajan Chandrasekaran has been serving as the chairman of Tata Sons, the group’s holding company, since 2017. Other family members also hold key positions across various segments of the business, making them potential candidates for future leadership.
Noel Tata :
Among the potential successors, Noel Tata stands out as a strong contender. As Ratan Tata’s half-brother, Noel holds significant positions within the family and the business. He chairs both Trent and Tata Investment Corporation and serves as managing director of Tata International. Noel is also the vice chairman of Titan Company and Tata Steel. While his exact net worth isn’t public, estimates place it around 1.5 billion rupees.
Maya Tata :
The next generation of the Tata family is also being groomed for leadership roles. Maya Tata, at 34, is already making waves within the group. An alumna of INSEAD Business School, she has held key positions at Tata Opportunities Fund and Tata Digital. Maya played a crucial role in launching the Tata Neu app, showcasing her strategic vision and innovation skills.
Neville Tata:
Neville Tata, 32, is deeply involved in the family business. He currently heads Star Bazaar, a prominent hypermarket chain under Trent Limited. A graduate of INSEAD Business School, Neville oversees Trent Hypermarket Private Limited, which manages various Tata-owned brands including Westside and Star Bazaar.
Leah Tata:
Leah Tata, the eldest at 39, brings her expertise to the Tata Group’s hospitality division. Educated at Spain’s IE Business School, she has made significant contributions to Taj Hotels Resorts and Palaces. As a key figure at the Indian Hotels Company, Leah is enhancing the group’s presence in the hospitality industry.
As the Tata Group faces this pivotal moment, the ambitions of the next generation will shape its future trajectory. With a well-structured succession plan and capable heirs poised to take on leadership roles, the Tata Group is positioned to continue its tradition of excellence and innovation in the years to come.
-Sanyogita
