Business EconomyPosted at: May 11 2026 8:11PM


Noel Tata to quit Tata Group co-boards before 70th birthday

Mumbai, May 11 (UNI) Noel Tata, Chairman of the Tata Trusts, is preparing to quit the Tata Group company boards since he is nearing 70, according to senior company officials.
Discussions about potential transitions are already underway with senior executives.
Noel Tata will turn 70 in November this year.
The Tata Group has a governance practice where executives retire from operational roles at 65 and step down from nonexecutive board positions at 70.
The group historically followed such age-linked succession norms including during the transition of late Ratan Tata.
Presently, Noel Naval Tata serves as Chairman of Tata Trusts and in that capacity chairs all the trusts which comprise the Tata Trusts.
He also serves as chairman of Tata Investment Corporation, which focuses on investments in both listed and unlisted equities. He also serves on the Board of various Tata Group Companies, including as the Chairman of Trent Limited, Tata International Limited, Voltas Limited & Tata Investment Corporation Limited and as the Vice Chairman of Tata Steel and Titan Company Limited.
Before his appointment, he was a Trustee on the Boards of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust.
Noel Tata has been associated with the Tata Group for more than 40 years.
Noel Tata, who is the half-brother of the late Ratan Tata, became the chairman of Tata Trust on October 11, 2024. He now oversees both the philanthropic and strategic interests of the Tata Group, balancing business leadership with social impact initiatives.
His corporate journey began in 1999 when he took charge as Managing Director of Trent, the retail company founded by his mother Simone Tata, where he turned Westside into a profitable venture.
Later, Noel Tata joined the boards of Titan Industries and Voltas in 2003, before becoming Managing Director of Tata International in 2010, where he steered the conglomerate's international operations.
Noel Tata assumed the chairmanship of Trent in April 2014 following the retirement of F H Kavarana. Under his watch, the company's revenue surged nearly ninefold — from Rs 2,333 crore in FY14 to Rs 20,193 crore in FY26, while the business swung from a loss of Rs 19 crore to a profit of Rs 1,477 crore.
Noel Tata took over as chairman of Voltas in August 2017, succeeding Ishaat Hussain upon his retirement. Revenue at the company more than doubled from Rs 6,404 crore in FY17 to ₹15,737 crore in FY25, with net profit climbing from Rs 578 crore to Rs 841 crore, after Noel Tata took over.
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