To formalise brand-owner Tata Sons as the core strategy unit for the group.
To formalise brand-owner Tata Sons as the core strategy unit for the group.
To guard against takeovers—he can take the Tata name away if he loses control of a company to a corporate raider
To send a message to his independent-minded CEOs about who’s boss
To keep the Tata name alive in posterity, even if there is no Tata at the helm of the group