Tata Trusts chairman Noel Tata has said the Tata Group’s strategic direction remains unchanged, but stressed the need for greater discipline in executing large projects and allocating capital. Speaking at the 24th Hindustan Times Leadership Summit, Tata also discussed the Trusts’ approach to philanthropy, saying impact must matter more than expenditure. Reflecting on the legacy of the group’s founders and Ratan Tata, he outlined plans to build 40–50 not-for-profit general-purpose hospitals in underserved parts of India, while explaining why these facilities would be located near reasonably sized cities.