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From code to cars: N Chandrasekaran's technocratic Triumph
Former TCS Chief N Chandrasekaran's unconventional approach transforms Tata Motors from a debt-ridden, traditional automaker to a dividend-paying trendsetter.
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In 2017, Tata Motors faced a crossroads. Burdened with mounting losses and a bloated balance sheet, India's largest automaker needed a fresh perspective. Enter N Chandrasekaran, a veteran of the IT industry with no automotive experience. The appointment of this former TCS boss — which raised eyebrows in Bombay House at the time — has turned out to be a corporate masterstroke that has paid rich dividends for the company and its investors.
Nowhere has this change in leadership been more evident than in Tata Motors' financial performance. The company ended FY24 with a consolidated revenue of Rs 4.37 ...
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