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Natarajan Chandrasekaran

Natarajan Chandrasekaran is an Indian business executive who has served as Chairman of , the principal investment holding company and promoter of the , since February 2017. He previously held the position of and Managing Director of (), the group's flagship services firm, from 2009 until his elevation to the Tata Sons role. Chandrasekaran joined in 1987 after graduating from the and rose through the ranks over a 30-year tenure at the company, becoming its first professional executive chairman in 2017 before transitioning to lead the broader conglomerate. Under Chandrasekaran's leadership, the Tata Group—a century-old conglomerate spanning steel, automobiles, IT services, and consumer goods—has pursued strategic expansions into high-growth areas such as semiconductors, electronics manufacturing, battery technology, and consumer internet platforms, aiming to capitalize on India's manufacturing resurgence and global supply chain shifts. These initiatives include major investments in electric vehicles through Tata Motors and semiconductor fabrication via Tata Electronics, reflecting a focus on technological self-reliance amid geopolitical tensions. His tenure has also been marked by international recognition, including the Padma Bhushan, one of India's highest civilian honors for contributions to trade and industry in 2022, and an honorary appointment to the Most Excellent Order of the British Empire in 2025 for services to UK-India business relations. Chandrasekaran's appointment followed a contentious boardroom battle at , where predecessor was removed in 2016 amid disagreements over governance and strategy, leading to prolonged legal disputes that tested the group's institutional stability but ultimately affirmed the board's decisions through judicial rulings. As the first non-family, professional outsider to helm the traditionally Parsi-led , he has navigated challenges including a 2023 employment scam at involving falsified hires, for which he publicly expressed dismay, and recent internal frictions at Tata Trusts over succession and board composition. In October 2025, Tata Trusts extended his chairmanship for a third term, waiving the group's standard retirement age of 65 to ensure continuity amid ongoing transformations.

Early Life and Education

Upbringing and Academic Background

Natarajan Chandrasekaran was born in 1963 into an agricultural family in , a rural village in Nadu's . Raised in modest circumstances, he grew up assisting with family farming activities while attending local government schools for his primary and . This rural upbringing instilled a practical , though Chandrasekaran developed an early interest in that diverged from traditional family pursuits. Chandrasekaran pursued higher education at the , where he earned a in applied sciences. He then advanced to the Regional Engineering College in (now the ), completing a Master of Computer Applications in 1986. These qualifications in technical fields positioned him for entry into India's emerging sector upon graduation.

Career at Tata Consultancy Services

Entry and Rise Through Ranks

Natarajan Chandrasekaran joined (TCS) in 1987 as a trainee software programmer shortly after graduating from the Regional Engineering College in . Over the subsequent two decades, he advanced through technical and managerial positions, building expertise in , , and business operations within the firm's expanding IT services portfolio. From 1997 onward, Chandrasekaran assumed senior roles in marketing and sales, contributing to TCS's growth and client acquisition strategies. Between 1998 and 2007, he led efforts to internationalize TCS's operations, overseeing the establishment and scaling of global delivery centers and partnerships that boosted the company's overseas from under 10% to a majority share by the mid-2000s. In 2007, Chandrasekaran was elevated to (COO) and , where he streamlined internal processes, enhanced , and prepared the organization for accelerated growth amid rising global demand for IT outsourcing. On October 6, 2009, at age 46, he succeeded S. Ramadorai as CEO and Managing Director, marking him as one of the youngest executives to lead India's largest IT services firm at that time, with then employing over 143,000 people and generating annual revenues exceeding $6 billion.

Leadership as CEO and Managing Director

Natarajan Chandrasekaran assumed the role of and Managing Director of () on October 6, 2009, succeeding S. Ramadorai after serving as the company's . His appointment came amid the global , providing an opportunity to navigate through economic uncertainty while capitalizing on offshore outsourcing trends. Under his early , emphasized cost controls and volume growth, achieving an 18% increase in volumes despite challenging market conditions. During Chandrasekaran's tenure from 2009 to 2017, TCS experienced substantial expansion, with annual revenues growing from approximately $6.3 billion in 2010 to $17.6 billion by 2017. The employee headcount also surged to over 371,000 by 2017, reflecting aggressive hiring and global scaling. 's market capitalization rose significantly, reaching about $80.7 billion by the end of 2017, underscoring sustained investor confidence in the firm's performance. This growth was driven by consistent compound annual revenue increases and industry-leading operating margins, positioning as a dominant player in IT services. Chandrasekaran restructured TCS into smaller, industry-focused verticals to enhance decision-making speed and client responsiveness, a move that supported high growth rates post-2009. He championed the "Digital Five Forces"—mobility, , , , and —as core drivers for transforming client businesses and maintaining TCS's competitive edge. These initiatives facilitated deeper integration of technologies into services, enabling TCS to adapt to evolving demands in a post-recession IT landscape. His focus on and helped the company achieve milestones such as crossing key revenue thresholds amid global recovery. By February 2017, when Chandrasekaran transitioned to Chairman of , TCS had solidified its status as a global IT leader under his stewardship, with a robust foundation for continued expansion in digital services. His emphasized long-term strategic positioning over short-term gains, contributing to the firm's and market .

Appointment and Leadership at Tata Sons

Selection as Chairman Amid Transition

Following the ouster of as chairman of on October 24, 2016, by a unanimous board vote citing concerns and erosion of trust, assumed the role of interim chairman to stabilize the during the . A selection committee, comprising independent directors Lord Kumar Bhattacharyya, Ronen Shah, and F.N. Subedar, was promptly formed to identify a permanent successor, with a mandate to evaluate both internal and external candidates while prioritizing alignment with Tata's ethical values and long-term vision. Natarajan Chandrasekaran, then CEO and managing of () since 2009, emerged as the frontrunner among internal contenders due to his 29-year tenure within the , demonstrated leadership in transforming into a $17 billion revenue powerhouse, and reputation for operational excellence in digital and technology-driven strategies. He was inducted as an additional on the board on October 25, 2016, signaling early internal confidence in his candidacy amid the ongoing transition. The committee considered external options, including executives and family-linked figures, but favored Chandrasekaran for his non-family, professional-manager profile, marking the first such appointment in Tata's history and diverging from the traditional Parsi lineage of prior chairs like . On January 12, 2017, ' board unanimously appointed Chandrasekaran as executive chairman, effective February 21, 2017, concluding the three-month search process that had drawn intense scrutiny amid Mistry's public allegations of mismanagement and legal challenges against the board's decisions. This selection was positioned as a strategic pivot toward professional management to navigate the group's diversification into electric vehicles, , and consumer sectors, while restoring investor confidence shaken by the internal rift; Tata Sons shares in group firms had dipped post-ouster, underscoring the urgency of the transition. publicly endorsed the choice, emphasizing Chandrasekaran's ability to lead the 150-year-old conglomerate through technological disruption and global competition.

Major Strategic Initiatives and Acquisitions

Upon assuming the chairmanship of in February 2017, Natarajan Chandrasekaran introduced the "One Tata" to foster across the group's over 100 companies, emphasizing simplification of structures, in operations, and of capabilities. This approach involved divesting non-core assets, consolidating cross-holdings, and promoting collaborative business models to enhance efficiency and competitiveness. As part of these efforts, committed over Rs 70,000 crore (approximately $10 billion) between 2017 and 2019 to deleverage balance sheets, restructure underperforming units, and pursue targeted investments. A pivotal acquisition under Chandrasekaran's oversight was the reacquisition of , marking the group's return to aviation after nearly seven decades. On October 8, 2021, , through its subsidiary Talace Private Limited, won the bid for Rs 18,000 crore ($2.4 billion), securing 100% ownership of , 100% of , and 50% of ground-handling firm Air India SATS; the transaction closed on January 27, 2022. This move was followed by the merger of —a with —into , announced in November 2022, to build a unified full-service carrier with expanded international reach. Chandrasekaran has driven diversification into emerging technologies, including and electric vehicles (EVs). The group established Tata Electronics in 2020, commencing assembly and testing with a 28nm node facility in , and formed strategic partnerships such as with in 2024 to bolster India's chip ecosystem; by March 2025, plans were announced for MoUs with 10 additional firms. In EVs, has scaled through giga factories and advanced production via , aligning with national electrification goals. In the digital domain, initiatives include the launch of , an integrated consumer platform in April 2022, combining , , and loyalty programs across group entities to create omni-channel synergies. These expansions reflect a shift toward high-growth sectors, with the group's nearly doubling to Rs 15.34 lakh crore and profits tripling to Rs 1.13 lakh crore by fiscal year 2025.

Cyrus Mistry Dispute and Governance Issues

On October 24, 2016, the board of removed as its executive chairman by a vote of 18 to 3, citing an erosion of trust and potential financial damage to the group from his leadership decisions. The board alleged that Mistry had pursued aggressive strategies, such as the proposed separation of Tata Steel's profitable operations from its loss-making unit, which risked violating covenants in a $1.1 billion arbitration award related to the Tata-Docomo dispute. , the former chairman, assumed interim leadership immediately following the removal. Mistry contested the ouster, filing a petition with the (NCLT) on December 20, 2016, through entities controlled by his family, Cyrus Investments Private Limited and Sterling Investment Corporation Private Limited, which held an 18.4% stake in as minority shareholders. He alleged of minority interests and mismanagement, including unauthorized decisions by the board, excessive influence of Tata Trusts (which control over 66% of Tata Sons via Class A shares), and governance failures such as the group's mounting debts exceeding ₹250,000 crore and losses in ventures like . Mistry further claimed that his removal violated principles of , as he was not given prior notice or an opportunity to respond, and accused the board of acting under pressure from . In the ensuing board reshuffle, Natarajan Chandrasekaran, then CEO of Tata Consultancy Services, was appointed as an additional director to the Tata Sons board on October 25, 2016, the day after Mistry's removal. On January 12, 2017, shareholders elected Chandrasekaran as the permanent chairman, positioning him to stabilize operations amid the turmoil. The transition highlighted internal preferences for a long-serving Tata executive over external candidates, with Chandrasekaran credited for TCS's growth but facing scrutiny for the group's broader governance opacity due to the dominant role of charitable trusts in decision-making. The dispute escalated through legal channels, raising broader questions about in family-influenced conglomerates. The NCLT dismissed Mistry's claims on July 9, 2018, ruling that no or mismanagement occurred and affirming the board's removal powers under ' (AoA). However, the (NCLAT) overturned this on December 20, 2019, reinstating Mistry and criticizing 's for lacking independence. The , in its March 26, 2021, judgment, set aside the NCLAT order, upholding Mistry's removal as valid under Article 118 of the AoA, which permits dismissal by ordinary resolution without notice. The court found no evidence of or mismanagement, emphasizing that Trusts' control—intended for philanthropic purposes—did not constitute a breach, though it noted the need for enhanced in private companies with public-facing subsidiaries. Governance critiques centered on the structure's potential for concentrated power, with Mistry arguing that the trusts' veto-like influence via principal nominee directors undermined board autonomy and under the Companies Act, 2013. Tata countered that Mistry's tenure saw deteriorating relations with key stakeholders, including the trusts, and decisions risking the group's ethical framework, such as the Docomo exit costing ₹13,000 in penalties. Post-resolution, under Chandrasekaran's leadership, amended its AoA in 2022 to require shareholder approval for chairman removal, addressing some procedural concerns raised, though the trusts' dominance persisted. The dismissed a by Mistry's entities on May 19, 2022, closing the matter without altering the core findings.

Judicial Proceedings and Outcomes

In July 2018, the (NCLT) dismissed Cyrus Mistry's petition against his removal as executive chairman of , ruling that the action did not constitute oppression or mismanagement under the , and upholding the board's authority under Article 118 of ' , which permits removal of directors without assigning reasons or notice. Mistry appealed to the (NCLAT), which on December 18, 2019, set aside the NCLT order, reinstated Mistry as executive chairman with retrospective effect from October 24, 2016, declared Natarajan Chandrasekaran's appointment as chairman illegal, and ordered to pay Mistry's costs. Tata Sons challenged the NCLAT decision in the , which stayed the NCLAT order on January 10, 2020, maintaining the with Chandrasekaran as chairman. On March 26, 2021, the overturned the NCLAT ruling in a , restoring the NCLT order, validating Mistry's removal as lawful and procedurally fair, finding no evidence of or mismanagement, and affirming the board's discretion without requiring cause disclosure. The later dismissed the Shapoorji Pallonji Group's review petition against the March 2021 judgment, closing the primary legal challenges arising from Mistry's ouster and Chandrasekaran's succession. No further judicial proceedings directly implicating Chandrasekaran in governance disputes from this episode have resulted in adverse outcomes against .

Personal Life and Philanthropy

Family and Personal Interests

Natarajan Chandrasekaran is married to Lalitha Chandrasekaran, and the couple resides in Mumbai. They have one son, Pranav, who pursued undergraduate studies as of recent reports. Chandrasekaran was born in 1963 into an agricultural family in Mohanur, Tamil Nadu, with his father, Srinivasan Natarajan, working as both a lawyer and farmer; he has five siblings. Chandrasekaran maintains a disciplined personal routine centered on fitness, particularly , which he began in 2007 to mitigate a family . He has participated in marathons, achieving his personal best time at the TCS in 2014. His interests also include and listening to , alongside a preference for and healthy eating habits.

Involvement in Charitable Endeavors

Natarajan Chandrasekaran serves as Chairman of the Sir Dorabji Tata Trust and allied philanthropic entities, which collectively hold approximately 66% of Tata Sons' equity and direct resources toward education, healthcare, livelihood generation, and cultural preservation initiatives across India. In February 2025, Chandrasekaran was appointed Chairman of the Ratan Tata Endowment Foundation (RTEF), a non-profit Section 8 company established from the late Ratan Tata's personal assets exceeding ₹8,000 crore, including stakes in Tata Sons (0.83%), Tata Technologies, and Tata Digital. The RTEF operates independently of the broader Tata Trusts, prioritizing grants for education, healthcare advancements, technological research, and social entrepreneurship projects aimed at societal impact in India. Chandrasekaran's philanthropy has been recognized for facilitating major institutional gifts, notably enabling the development of the Ratan Tata Building at Somerville College, , which serves as the permanent headquarters for the Oxford India Centre for (OICSD), founded in to address sustainability challenges affecting and contexts. In September 2025, Somerville College elected him as a Foundation —its highest philanthropic honor—joining and Tata Trustee Mehli Mistry in acknowledgment of this contribution and the strengthened Tata-Oxford partnership for research.

Awards and Recognition

Key Honors and Accolades

In 2022, Chandrasekaran received the , India's third-highest civilian award, from the for distinguished service in trade and industry. On October 3, 2023, he was conferred the Chevalier de la Légion d'Honneur, 's highest civilian distinction, by the French Minister for Europe and Foreign Affairs, recognizing his contributions to strengthening economic ties between and . In February 2025, Chandrasekaran was awarded the Most Excellent (Civil Division) by the , honoring his services to UK-India business relations through Tata Group's investments and operations. Academically, he was granted an honorary doctorate by in on June 3, 2019, acknowledging his global business leadership, and by Nyenrode Business Universiteit in the in 2013. In September 2025, Somerville College at the bestowed upon him a Foundation Fellowship for his philanthropic and business impact. Among business recognitions, Chandrasekaran was named Best CEO by Business Today in 2013 and 2014, and ranked as Best CEO in Institutional Investor's Annual All-Asia Executive Team surveys from 2010 to 2015. In 2024, he received the Entrepreneur of the Year Special Jury Award for his leadership at .

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