Tata Sons chairman N Chandrasekaran has articulated an ambitious growth objective for group chief executives, urging them to intensify efforts in propelling growth and fostering additional momentum across key sectors like electronics, EVs, batteries and steel in 2024. Additionally, he has emphasized the importance for CEOs and CXOs in traditional sectors to meticulously execute business strategies on the ground to seize growth opportunities. Group companies were also asked to work harder on customer-centricity and the One Tata plan set in motion a few years back in terms of giving businesses to each other across categories.
This was the theme that brought together around 500 Tata group leaders at the JW Marriott Marquis in Dubai over the weekend for their annual offsite meeting, said top executives at the $270 billion conglomerate. Trent chairman Noel Tata and his three children — Neville, Leah and Maya — attended the meet.
«Our chairman is confident that our group will be able to record good growth across businesses. There is a visible growth momentum, which he is clear that should be maximised and captured by operating companies. Where we want to bet on growth is clear, capital allocation is in place and the right talent has been picked,» said a top executive seeking anonymity.