Renowned businessman and philanthropist Ratan Tata passed away on Wednesday at the age of 86. Tata, a quiet yet influential figure, had a huge impact on India’s economy. He led the Tata Group for over 20 years before stepping down at the age of 75 in 2012.
What’s Next for the Tata Group?
With no children of his own, there has been a lot of discussion about who will take over Tata’s ₹3,800 crore empire. The Tata Group has already put a succession plan in place. In 2017, N Chandrasekaran was appointed chairman of Tata Sons, the main holding company of the group. Several family members are also expected to take up key roles in the group.
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Noel Tata – The Top Candidate
Noel Tata, Ratan Tata’s half-brother, is seen as the leading candidate to step into the leadership role. He is the son of Naval Tata’s second marriage to Simone, making him an important figure in the family business.
Maya, Neville, and Leah Tata: The Next Generation
Noel Tata’s three children, Maya, Neville, and Leah, are also seen as possible future leaders in the Tata Group.
Maya Tata
At 34, Maya Tata is climbing the ranks within the Tata Group. With degrees from Bayes Business School and the University of Warwick, she has played key roles in the Tata Opportunities Fund and Tata Digital. She was instrumental in launching the Tata Neu App.
Neville Tata
Neville Tata, 32, is also actively involved in the business. He leads the Star Bazaar chain under Trent Limited. Neville is married to Manasi Kirloskar, who comes from the Toyota Kirloskar Group.
Leah Tata
Leah Tata, 39, focuses on the hospitality sector of the Tata Group. A graduate of IE Business School, she has worked with Taj Hotels and now oversees operations at Indian Hotel Company.
The Tata legacy continues through this family, with many of them prepared to take on larger roles in the coming years.
Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.
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