Tata Sons weighs Narendran, Agrawal; NSE’s Chauhan named as contender

Outlook Business reports Tata Sons is assessing T V Narendran, Saurabh Agrawal and NSE chief Ashish Chauhan as potential successors to N Chandrasekaran, whose tenure ends in February 2027. The eventual choice could influence investment priorities across Tata Digital, BigBasket, Tata 1mg and Air India.

— Source publishedSat, 5 Sept, 2026, 13:18 IST·First seen Sat, 5 Sept, 2026, 13:18 IST·Source Outlook Business

What happened

Tata Sons is assessing T V Narendran, Saurabh Agrawal and NSE chief Ashish Chauhan as potential successors to N Chandrasekaran. The choice will shape capital

Key facts

  • Tata conglomerate valuation: $275 billion-plus
  • Tata Group revenue: roughly ₹16.24 lakh crore
  • NSE IPO size: ₹30,000 crore
  • Potential NSE valuation: about ₹5 lakh crore
  • Chandrasekaran's tenure ends: February 20, 2027
  • Group spans more than 30 businesses and more than 1 million employees

Why this matters

Potential leadership change at Tata Sons may alter partnership, acquisition and portfolio-rationalization priorities across its digital, retail, health and aviation businesses, making early relationship mapping prudent.