Air India's Transformation: A Responsibility Beyond Business
Tata Sons Chairman N Chandrasekaran emphasized that Air India's transformation goes beyond just a business venture; it's a responsibility for Tata Group. Despite facing challenges like global supply chain issues and thin margins, the group has committed to an ambitious five-year plan to revitalize the airline.
- Country:
- India
N Chandrasekaran, Chairman of Tata Sons, asserted that the transformation of Air India is not merely a business opportunity but a significant responsibility for the Tata Group.
The aviation sector, facing continuous challenges, grapples with global supply chain disruptions affecting infrastructure and fleet availability, Chandrasekaran noted.
During an event marking J R D Tata's 121st birth anniversary, he highlighted the potential growth of India's aviation sector, pointing out that an 8% growth in GDP correlates to a 16% uptick in the aviation industry.
(With inputs from agencies.)
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