N. Chandrasekaran, who completes six years as the chairman of Tata Group, aims to build sizeable new assets under the conglomerate, leveraging the group’s talent, brand and financial power. Once the business model is proven and cash flows are in sight, new businesses are to be opened for strategic investments and IPOs, he tells Fortune India in an exclusive interview. Edited excerpts.
During the initial phase as chairman, you were focused on simplification, synergy, and scale. What is your follow-up strategy?
You should see the group’s efforts as three distinct strategies. The first was strengthening the core, which ensured that every company is financially fit. I used to say fitness first, and performance next. We are pretty much done here as we fixed balance sheets and set the growth strategy of all companies.
Secondly, we are focused on the transition of existing companies with the help of digital technologies. The…
