As the Tata Group, one of India’s largest conglomerates, prepares for its next chapter, questions surrounding the succession plan for its ₹33 lakh crore ($165 billion) empire have come into focus. While N. Chandrasekaran currently serves as the chairman of Tata Sons, the holding company, several members of the Tata family, particularly from the next generation, are emerging as potential future leaders.
Noel Tata: A Strong Contender
Noel Tata, the half-brother of Ratan Tata and son of Naval Tata from his second marriage to Simone, has been actively involved in the Tata Group for years. Currently, he chairs several key companies, including Trent Limited and Tata International. Given his experience and proximity to the family, Noel is a potential successor who could play a significant role in the Group’s future.
Maya Tata: Shaping the Digital Future
At 34, Maya Tata, Noel’s daughter, is already an important figure within the Tata Group. With degrees from Bayes Business School and the University of Warwick, she has held key positions at Tata Opportunities Fund and Tata Digital. Maya was instrumental in launching the Tata Neu app, a major initiative in the company’s digital transformation. Her strategic insight and leadership in digital ventures position her as a strong contender for a leadership role.
Neville Tata: Leading Retail Initiatives
Neville Tata, 32, another of Noel’s children, has taken on significant responsibilities within the Tata Group. He heads Star Bazaar, a key player in the hypermarket segment under Trent Limited. Married to Manasi Kirloskar from the prominent Toyota Kirloskar Group, Neville has been a visible figure in the corporate world, making him a strong candidate to take on higher leadership positions within the group.
Leah Tata: Expanding Hospitality Reach
Leah Tata, 39, has been spearheading the Group’s hospitality sector. A graduate of Spain’s IE Business School, Leah oversees the Taj Hotels Resorts and Palaces brand under the Indian Hotel Company. Her leadership has expanded the Group’s presence in the hospitality industry, and she is seen as a key player in the Group’s future, especially in the growing global luxury market.
The Road Ahead
While N. Chandrasekaran has successfully led the Tata Group since 2017, the involvement of Noel Tata and his children suggests that the future leadership of the conglomerate may stay within the family. Each member brings unique expertise, from digital transformation to hospitality and retail, indicating a strong succession plan that could continue the legacy of excellence established by Ratan Tata.
As the Group navigates global and domestic challenges, the leadership transition will be crucial in maintaining its growth trajectory and staying at the forefront of Indian industry.