Decarbonisation at Ijmuiden plant will be in two phases, with one blast furnace to be replaced before 2030
India's consumer market represents a long-term structural opportunity, driven by population, a growing middle class, rapid urbanisation, increasing disposable incomes and raising aspirations, Tata Consumer Products Ltd Chairman N Chandrasekaran said on Thursday. The Tata group's FMCG arm is well positioned to capitalise on the significant opportunity, he said, while addressing the annual general meeting (AGM) of TCPL. Chandrasekaran said the India economy has been growing "very strongly" and the current momentum continues to be high. India is likely to maintain similar growth momentum in the coming years, he said, adding that the global economic landscape has been rather volatile with the geopolitics reshaping supply chains, energy security, and overall resilience. The baseline forecast for the world economy is to continue to grow over 3 per cent during 2024 and 2025. However, "India has been growing very strongly with the economic growth rate of 8.2 per cent for the fiscal 2023-2
Chandrasekaran also remarked that the reason for the rising number of cases is also because of higher awareness
Chandrasekaran said that AI will empower every employee to perform at a higher level of productivity.
Tata Consumer Products on 'transformative journey' to serve Indians, he says in company's annual report
N Chandrasekaran will succeed Banmali Agrawala, who has served in this post for the past few years
Krithivasan's remuneration includes his that for his previous role as company's global head for BFSI
Tata Sons Chairman N Chandrasekaran on Saturday said the conglomerate will move to 70 per cent green energy by 2030. He was addressing the convocation of XLRI-Xavier School of Management in Jamshedpur where he was honoured with the Sir Jehangir Ghandy Medal for Social and Industrial Peace. "Nation-building impulse is as relevant now as it was earlier. There are major energy transitions, digital transitions in the form of AI and machine learning, and supply chain transitions that we are facing today. But, India is uniquely placed because we can invest in each of these transitions today because of the geopolitical advantages that our country has," he said. He said that by 2030, the Tata Group will move to 70 per cent green energy. Chandrasekaran said the priorities of the conglomerate are simplification, synergy, sustainability, supply chain transformation and digital transformation. "These are achieved via integrity, sound strategy, great execution, good governance and consistent .
The Tata group chairman said that the company's Assam plant will lead to a lot of prosperity and jobs in the state
The first set of semiconductors will start rolling out from Tata Electronics' plant here in December 2026, union minister for communications and IT Ashwini Vaishnaw said on Wednesday. Speaking at the ground-breaking ceremony of Tata Group and CG Power chip plants, Vaishnaw said India will be among the top five chip ecosystems in the world by 2029. "The first chip from Dholera plant will be out in December 2026 and chip from Micron plant will be out by December 2024," the minister said. He said Tata's Dholera plant will make chips in 28, 50, 55 nanometer node. Prime Minister Narendra Modi on Wednesday laid the foundation of three chip plants -- two units by Tata Electronics and the third by CG Power -- entailing total investment of Rs 1.26 lakh crore. The three plants include the country's first high-tech chip manufacturing plant of Tata Electronics which the company is setting up in partnership with Taiwan's Powerchip Semiconductor Manufacturing Corp at Dholera's special industria
This comes amid group's bet on semiconductor, EV battery biz
Tata Sons Chairman N Chandrasekaran on Sunday said the conglomerate would continue to uphold the legacy of its founder Jamsetji Tata, and remain committed to the principles of integrity, innovation and social responsibility. Chandrasekaran was addressing a gathering at the Postal Park in Bistupur in Jharkhand's Jamshedpur after paying homage to Jamsetji Tata on his 185th birth anniversary. He was accompanied by Tata Steel CEO and MD TV Narendran. "Our founder, Jamsetji Tata, envisioned a future where industry would be a force for positive change, and it is with great pride that we continue to uphold his legacy. In this occasion, we reaffirm our commitment to the principles of integrity, innovation, and social responsibility that have guided us since our inception," Chandrasekaran said. "We will continue to work together with the community to build a brighter, more prosperous future for Jamshedpur and its residents," he added. Later, he inaugurated an exhibition at Steelennium Hall
Vibrant Gujarat Summit: 'Tata Group is about to complete negotiations surrounding semiconductor fab plant in Gujarat,' announced chairman N Chandrasekaran
The complexity of global governance will reach new heights in 2024, and there should be preparedness for more disruption and volatility, according to Tata Sons Chairman N Chandrasekaran. In his New Year message to employees of the Tata Group, Chandrasekaran identified three priorities -- execution, customer satisfaction and technology -- for the group as it moves forward with its transformation journey in the next year, asserting the next decade will belong to companies who excel in giving customers excellent experiences. He described 2023 as "a tumultuous year", when the world faced an array of destabilising trends, from escalating geopolitical tensions to the mass adoption of generative AI (artificial intelligence) to the ever-accelerating push toward sustainability. "Some of these trends have been welcome; others much less so. But all of them have made the rules and processes governing our world trickier to navigate and all of them have added to the pressure to adapt," ...
Tata Consumer Products Ltd., the owner of the Tetley tea brand, was uncomfortable with Haldiram's $10 billion valuation
G20 nations will consider 54 recommendations and 172 policy enablers drawn up by B20 leaders
With this, Chandra has emerged as one of the highest-paid chief executive officers (CEO) in Corporate India for FY23
Tata Motors on Tuesday said it will continue to remain focused on executing its strategy to deliver growth, profitability and free cash flows consistently. Addressing virtually Tata Motors shareholders at the company's 78th AGM here, chairman N Chandrasekaran also said that the domestic business is expected to achieve the 'zero debt' target by this fiscal while the subsidiary company JLR will achieve it in the calendar year 2024. "We have an exciting journey ahead of us and the management teams are very committed and focused towards accelerating our journey towards this transformation," Chandrasekaran told shareholders. "Tata Motors will continue to remain focused on executing its strategy to deliver growth, profitability and free cashflows consistently," he said. Looking ahead, he said, all three businesses of the company - commercial vehicles, passenger vehicles and electric vehicles -- and Jaguar Land Rover are all geared for growth as well as leadership in each of their ...
Company will uphold 'highest values' and has a zero-tolerance policy for breach, says Chandrasekaran
Another three employees were fired for sexual misconduct, taking the total tally to 38