Recently appointed chairman of Tata Sons, Natarajan Chandrasekaran began his journey with the group at a board of directors’ meeting at the Tata Steel premises in Jamshedpur, on the eve of founder, Jamsetji Nusserwanji Tata’s 178th birth anniversary.
The board meeting was organised to reinforce the message that the company is committed to follow JN Tata’s industrial vision and principles. The last such meeting was held in the early 1990’s.
A monthly affair,the board meeting here did not adopt any major decision, the only significance being its iteration to stick to the founder’s guidelines.
Director Ishaat Hussain said, “No major decision was supposed to be taken at the meeting as it was meant to re-dedicate the company to the founder’s ideals while running the company in days to come. It was a routine monthly meeting, otherwise organised in Mumbai. Under the leadership of new chairman, the company will move forward to new horizons in steel industry”.
Directors including DK Mehrotra, Andrew Robb and others had flown to Jamshedpur to attend the meeting and celebrate Founders’ Day programme commencing from March 3. Former chairman Rata Tata also reached the town on Thursday to attend the grand celebrations.
Tata Steel had started production at Jamshedpur on February 16 in 1912 and board members were willing to start a fresh journey with the new chairman from the place that made the company pioneers of the steel industry. Company sources said the board of directors’ meeting was organised in the town that was late JN Tata’s favourite.