NewsStocksFrom TCS to Titan: The 10 Listed Tata Giants N Chandrasekaran Leaves Behind

From TCS to Titan: The 10 Listed Tata Giants N Chandrasekaran Leaves Behind

Author: CNBC-TV18 Markets·

Key Takeaways

  • N Chandrasekaran, who took charge as Tata Sons chairman in February 2017 after rising through TCS where he served as chief executive, is only the seventh person to lead the conglomerate in its 157-year history.
  • TCS tops the group's listed companies by market capitalisation, with Titan second at ₹4.53 lakh crore and Tata Steel third at ₹2.31 lakh crore.
  • During Chandrasekaran's tenure, Air India returned to the Tata fold in 2022 after nearly seven decades, Vistara was merged into Air India in 2024, and Tata Electronics was created for electronics and semiconductor manufacturing.
  • Tata Sons remains unlisted and largely held by philanthropic trusts, making the ten listed companies the most visible measure of the group's scale and reach.
  • The leadership change will be the first at Tata Sons since 2017, with the successor expected to oversee a portfolio spanning software, steel, commercial and passenger vehicles, power, retail, FMCG, hospitality and digital infrastructure.
From TCS to Titan: The 10 Listed Tata Giants N Chandrasekaran Leaves Behind

The Tata Group is far more than TCS, Tata Motors and Tata Steel. As N Chandrasekaran prepares to exit the top job — he is only the seventh man to lead the conglomerate in its 157-year history — the group he leaves behind stretches from technology and automobiles to jewellery, retail, power and consumer products, anchored by a portfolio of ten listed companies.

Chandrasekaran took charge as chairman of Tata Sons in February 2017 after a three-decade rise through TCS, where he served as chief executive, and the group's public footprint has widened markedly since. Air India returned to the Tata fold in 2022 after nearly seven decades away, Vistara was merged into Air India in 2024, and Tata Electronics was created to take the group into electronics and semiconductor manufacturing. Tata Sons itself remains unlisted and is held largely by philanthropic trusts, which makes the ten listed companies the group's most visible barometer of its scale and reach.

Tata Consultancy Services (TCS), the group's flagship information-technology services company, tops the ranking by market capitalisation. The rest of the listed Tata giants, and their market values, are as follows:

2. Titan Company — ₹4.53 lakh crore. Titan has grown far beyond its origins in watches to become one of India's biggest consumer businesses, with a brand portfolio spanning jewellery, eyewear and watches.

3. Tata Steel — ₹2.31 lakh crore. One of the oldest businesses in the Tata portfolio, Tata Steel remains a global steel major, with operations spanning India and international markets.

4. Tata Motors — ₹1.28 lakh crore. Following Tata Motors' demerger, the commercial-vehicle business now trades separately under the Tata Motors name. The company manufactures trucks, buses, pickups and other commercial vehicles.

5. Tata Motors Passenger Vehicles — ₹1.28 lakh crore. The passenger-vehicle arm houses Tata Motors' cars and SUVs, including its growing electric-vehicle portfolio, and also incorporates the group's Jaguar Land Rover interests.

6. Tata Power — ₹1.21 lakh crore. Tata Power has evolved from a conventional power company into a broader energy player, with businesses spanning generation, transmission, distribution, renewables and electric-vehicle charging.

7. Trent — ₹1.06 lakh crore. Trent has emerged as one of the Tata Group's fastest-growing consumer businesses, powered by brands such as Westside and Zudio.

8. Tata Consumer Products — ₹1.05 lakh crore. Tata Consumer Products brings some of the group's best-known consumer brands under one umbrella, including Tata Tea, Tata Salt and Tata Sampann.

9. Indian Hotels Company — ₹1.03 lakh crore. The company behind the iconic Taj brand, Indian Hotels has become one of India's largest listed hospitality companies.

10. Tata Communications — ₹49,564.40 crore. Tata Communications is the Tata Group's global digital connectivity and communications business, providing network, cloud, cybersecurity and digital-infrastructure services to enterprises worldwide. The company operates one of the world's largest subsea cable networks and connects businesses across more than 190 countries.

Together, the ten listed companies span software services, steel, commercial and passenger vehicles, energy, retail, fast-moving consumer goods, hospitality and digital infrastructure. With the leadership of the group set to change hands for the first time since 2017, attention now turns to who succeeds Chandrasekaran at Tata Sons, and to how a portfolio spread across so many of India's key industries manages that transition.

Source: CNBC-TV18