 "N Chandrasekaran, chairman of Tata Sons")
Tata Sons has formally announced consolidation in its sprawling aerospace and defence businesses, which have developed under various group companies, under a single entity, Tata Aerospace and Defence (Tata A&D).
Tata Sons Chairman N Chandrasekaran on Wednesday said: “The formation of Tata A&D, a single unified entity, will allow us to better target emerging opportunities in aerospace and defence, and engage holistically with customers both in India and globally.”
Banmali Agrawala, Tata Sons chief for infrastructure, defence and aerospace, has explained the rationale behind the merger: “Tata A&D, when formed, will be better equipped to execute larger and more complex
