TATA'S TITAN

N. CHANDRASEKARAN HAS DEFTLY MANOEUVRED THE TATA GROUP'S FORAY INTO NEW BUSINESSES, ADDED MUSCLE TO EXISTING ONES AND LAID THE FOUNDATION FOR SUSTAINED AND HEALTHY GROWTH

- SOURAV MAJUMDAR AND KRISHNA GOPALAN -

WHEN THE REFURBISHED Bombay House opened its doors on July 29, 2018, it marked another moment in history for the iconic headquarters of the Tata group. The new had not replaced the old. Instead, the conventional core received a contemporary brush, with high-tech offices, a digitally enhanced visitor experience centre, doors that open with the touch of a finger, and a cool Starbucks outlet, too. The structure from the British era, which was completed in 1924, retains its neo-classical look. Yet, it is in touch with the times. The evolution of the Tata group itself is not very different. The conglomerate, which began life in 1868 as a private trading firm founded by Jamsetji Nusserwanji Tata, and then moved into hotels, steel, automobiles, power, IT, financial services, retail and a myriad other businesses over the past century and more, now readies itself for a new world shaken frequently by large doses of disruption. Yet, there are exciting opportunities that emanate from that very disruption, which could further propel the transformation of the 155-year-young conglomerate.