There has been a big change in Tata Group. TV Narendran has been made the new chairman of Tata International. Noel Tata has stepped down from the boards of 6 companies after turning 70.
T V Narendran Named Tata International Chairman
There has been a massive change in the Tata Group. Tata International has appointed TV Narendran as its new chairman. He will replace Noel Tata. The company has also decided to make Noel Tata the honorary chairman. The appointment of both has come into effect from 12 November 2026. The special thing is that Noel Tata has decided to step down from the board of 6 big companies of Tata Group after completing 70 years of age. However, he will remain the chairman of Tata Trusts.
Tata International on Thursday approved the appointment of TV Narendran as chairman. The company said that this change has been made under the retirement rules of Tata Group.
Why did Noel Tata leave the responsibility of 6 companies?
Noel Tata has decided to step down from the boards of 6 Tata Group companies after completing 70 years of age. In fact, according to Tata Group rules, the retirement age for board members who are not involved in the day-to-day functioning of the company is fixed at 70 years. Under this rule, Noel Tata has given up his responsibilities on the boards of these companies with effect from November 12.
Noel Tata removed from the board of which 6 companies?
| Company Name |
|---|
| Trent |
| Voltas |
| Tata Investment Corporation |
| Tata Steel |
| Titan Company |
| Tata International |
These companies are involved in different businesses like retail, air conditioner, investment, steel and jewellery.
Who is TV Narendran, the new chairman of Tata International?
TV Narendran has been made the new chairman of Tata International. He will take over this responsibility in place of Noel Tata. On getting the new responsibility, Narendran said that he will work to take the company forward. According to him, his priority will be to keep the company’s business strong in the long run, increase its working capacity and take care of the interests of all the people associated with the company.
He said he looks forward to working to build on the strong foundation and identity of Tata International.
What did Noel Tata say?
On stepping down from the post of Chairman of Tata International, Noel Tata praised the company’s journey so far. He said that Tata International has over the years built a strong identity in terms of business, facing difficult situations and partnering with other companies. Noel Tata thanked the company’s employees and people working with them for their contribution. He also wished the company and its employees all the best for the years to come.
Also Read: Who is Sunil D’Souza? Whom Tata Group made the new chairman of Voltas
What does Tata International do?
Tata International is a major trading and distribution company of the Tata Group. In simple language, the company does business related to purchase, sale and supply of different types of goods. Apart from this, the company also does manufacturing in some areas. Tata International’s business is spread in more than 29 countries of the world. The company has offices and subsidiaries in different countries.
More than 8,000 employees work in it. The company’s total worldwide revenue in the financial year 2024-25 was $ 3.77 billion. The company also provides services related to purchase, supply and marketing of goods in 10 different types of businesses.
Will Noel Tata now separate from Tata Group?
Noel Tata has left his responsibilities from the boards of 6 companies, but he is not completely separating from the Tata Group. He will remain the chairman of Tata Trusts. Apart from this, Noel Tata will also continue to hold the responsibility of director appointed by Tata Trusts on the board of Tata Sons. Tata Sons is the main holding company of the Tata Group. This means that even though Noel Tata has decided to step down from the boards of 6 companies, he will continue to play an important role in the main institutions of the Tata Group.
Source: hindi.business-standard.com



