'Pursue growth' is Tata Sons boss N Chandrasekaran's message to group CEOs: Report

N Chandrasekaran, Chairman, Tata Sons

Tata Sons chairman N Chandrasekaran has a direct message for his group company chief executive officers (CEOs) — "pursue growth aggressively", The Economic Times reported on December 2.

The message comes amid rising challenges in the global and domestic markets. The Tata group boss is keen to seize growth opportunities and has emphasised “boldness in ambition”, saying that margins can be fixed over time, the report quoted sources as saying.

Chandrasekaran, who chairs the holding company of the $375-billion group, has given zealous targets and a promise of funds to pursue those goals, it said.

Tata Motors has reported a marginal increase in overall sales at 74,753 units in November as compared to 74,172 units in the year-ago period. Total domestic sales were up a percent at 73,246 vehicles against 72,647 in November 2023, Tata Motors said in a statement.

Total passenger vehicle (PV) sales, including EVs, were at 47,117 units against 46,143 in the year-ago month, up 2 percent, it added.

With PTI inputs