Archive · 6 Oct 2026
Tata Sons Chief Says Energy and Manufacturing Will Sustain Growth
Tata Sons Chairman N Chandrasekaran said India’s economy is doing well, even though the world is uncertain.
He pointed to strong demand and other economic measures as evidence.
He said India needs reliable energy to keep growing.
He also wants more advanced manufacturing jobs and better education and skills training.
He said making high-quality products can help businesses invent and compete.
He urged manufacturers to make their work more sustainable, too.
India currently assembles many products, and he wants it to build more of the parts, tools and knowledge needed to make complete products.
He said this will take investment in research, equipment and intellectual property.
N Chandrasekaran said India’s economy remains robust, supported by domestic demand, services exports and an enabling policy environment.
He cited double-digit demand in auto sales, credit, power and cement, alongside a current account deficit below 1% of GDP, strong forex reserves and low bank NPAs.
He said energy security, advanced and precision manufacturing jobs, and investment in education and skills are critical to long-term growth.
He called for quality and sustainable manufacturing to drive innovation, productivity and competitiveness, citing Toyota and Germany as examples.
He urged India to build on assembly-led growth by investing in research, intellectual property, equipment and end-to-end domestic capabilities.
- Who
- N Chandrasekaran, chairman of Tata Sons.
- What
- He described India’s economy as robust and said energy security, advanced manufacturing jobs and human-capital investment are important for sustained growth.
- When
- Monday, October 5; the event was the IFQM Symposium 2026.
- Where
- New Delhi, at the Indian Foundation for Quality Management Symposium.
- Why
- He said these measures are needed to sustain long-term growth and deliver inclusive, sustainable development.
- Speaker
- N Chandrasekaran, Tata Sons chairman
- Event
- Indian Foundation for Quality Management (IFQM) Symposium 2026
- Location
- New Delhi
- Economic indicators cited
- Double-digit demand in auto sales, credit, power and cement; current account deficit below 1% of GDP; strong forex reserves and low bank NPAs
- Growth priorities
- Energy security, advanced and precision manufacturing jobs, education and skills
- Manufacturing direction
- Build from assembly-led growth toward end-to-end domestic capabilities
- Capabilities mentioned
- Research and development, intellectual property, equipment, vocational skills, quality and sustainable manufacturing
Sources
India's economy strong; energy security, manufacturing jobs key to lasting growth:Tata Sons Chairman
India’s Economy Robust and Stable, Long-Term Growth Hinges on Energy and Manufacturing: Tata Sons Chief
