THINGS ARE HAPPENING at a fast pace within the Tata Group. Tata Chemicals has ushered in a leadership change at the top. N Chandrasekaran has chosen to step down as chairman of the company and the group. “After careful evaluation of my current and future commitments, I have decided to step down from the board,” he said in his resignation letter. Following this, S Padmanabhan has taken over as chairman of the board. Padmanabhan has had a long association with the Tata Group. His career with in the group began at Tata Consultancy Services Limited (TCS) in 1982 and spans over 40 years. He is an alumnus of PSG College of Technology. The leadership transition at Tata Chemicals comes at a time when significant strategic developments are underway within the broader Tata Group. Earlier, the group embarked on a move to demerge Tata Motors into two in dependent listed entities — one focusing on commercial vehicles and the other on passenger vehicles, including electric vehicles (EVs) and Jaguar Land Rover (JLR). The demerger is aimed at bringing greater strategic clarity and agility, allowing both entities to pursue focused execution and create enhanced value. Will these developments signify the emergence of a fresh perspective at the Tata Group?
