N. Chandrasekaran’s decision to step down as chairman of Tata Sons has opened a new chapter for India’s largest business conglomerate. Amid the leadership transition, one of the group’s most closely watched businesses will be Air India, which remains at the centre of Tata’s ambitious but costly expansion strategy.

Mr. Chandrasekaran, who has led Tata Sons since 2017, will step down after his current term ends in February 2027. His decision comes at a crucial time for the conglomerate, with the potential listing of Tata Sons, geopolitical uncertainties and mounting losses across several of its businesses.

Published - August 16, 2026 07:00 am IST