1 hr ago
Tata Sons Chairman Says Energy Security Is Key to Growth
N Chandrasekaran said India’s economy is doing well even though the world is uncertain.
He pointed to strong demand and other economic indicators as signs of strength.
He said India will need reliable energy to keep growing.
He also wants more advanced manufacturing jobs and better education and skills training.
He said businesses should focus on quality and make products in more sustainable ways.
He praised Toyota’s use of quality to improve innovation and competitiveness.
Chandrasekaran said India should gradually build more of the knowledge and capabilities needed to make complete products, not just assemble them.
That will require investment in research, equipment and ideas that can become intellectual property.
N Chandrasekaran said India’s economy remains robust despite global uncertainty, citing strong demand, services exports and policy support.
He pointed to indicators including double-digit demand in auto sales, credit, power and cement, and a current account deficit below 1% of GDP.
He said energy security, advanced manufacturing jobs, education and skills investment are essential to sustaining long-term growth.
Chandrasekaran urged manufacturers to make quality and sustainable production central, drawing on Toyota and Germany as examples.
He called for India to move beyond assembly-led growth by investing in research, intellectual property, equipment and end-to-end domestic capabilities.
- Who
- Tata Sons Chairman N Chandrasekaran.
- What
- He said energy security, advanced manufacturing jobs and investment in human capital are important to sustaining India’s long-term growth.
- Where
- New Delhi, at the Indian Foundation for Quality Management Symposium.
- When
- Monday, October 5; the article identifies the event as the IFQM Symposium 2026.
- Why
- He said these priorities are needed to sustain growth and deliver inclusive, sustainable development under the Viksit Bharat 2047 vision.
Key facts
- Speaker
- N Chandrasekaran, Tata Sons Chairman
- Event
- Indian Foundation for Quality Management (IFQM) Symposium 2026
- Location
- New Delhi
- Economic indicator
- Chandrasekaran said the current account deficit had remained below 1% of GDP.
- Growth priorities
- Energy security, advanced and precision manufacturing jobs, and investment in education and skills
- Manufacturing goal
- Move from assembly-led growth toward end-to-end domestic product capabilities.
- Capabilities cited
- Research and development, intellectual property, equipment, vocational skills and quality
Quotes
N Chandrasekaran
Tata Sons Chairman
“Energy security must be ensured because that is going to be fundamental for growth. Second, manufacturing jobs… advanced manufacturing jobs, precision manufacturing jobs…because we need to shift from a low-productivity agricultural workforce to highly-productive manufacturing and modern services with the right investments in all the areas.”
thehansindia.com
theprint.in
“Viksit Bharat 2047 vision of Prime Minister has percolated across multiple disciplines in all parts of the country. But to execute that vision is going to require inclusive, sustainable development by creating world-class infrastructure, institutions and intellectual property. All three will be critical.”
theprint.in
Sources
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