<p>He, however, did not elaborate on succession plans. “I don’t have anything to say about my succession. There is a committee in place and it will find the right person. I faced the same kind of thing when I took over from JRD. Obviously, nobody can do the job forever and we all have to move on,” he said.<br /><br />In May, the group had said the selection committee had interviewed several candidates, both internal and external, but no final decision had been taken. Tata Sons had set up a panel to search a successor to Group Chairman Ratan Tata who is due to retire in December, 2012, when he turns 75- the retirement age fixed by the group.<br /><br />The Tata group has over 90 companies, of which 28 are listed, including the country’s largest software exporter TCS, India’s largest auto maker Tata Motors and Tata Steel, which is the world’s fifth largest steel maker.<br /><br />Tata, who took over as Chairman in 1991 from JRD Tata, had said: “I do not want to go out on a wheelchair.”<br /><br />Tata Sons had said while forming the committee to find successor that the group would require someone with experience and exposure to direct its growth amidst the challenges of the global economy. <br /></p>
<p>He, however, did not elaborate on succession plans. “I don’t have anything to say about my succession. There is a committee in place and it will find the right person. I faced the same kind of thing when I took over from JRD. Obviously, nobody can do the job forever and we all have to move on,” he said.<br /><br />In May, the group had said the selection committee had interviewed several candidates, both internal and external, but no final decision had been taken. Tata Sons had set up a panel to search a successor to Group Chairman Ratan Tata who is due to retire in December, 2012, when he turns 75- the retirement age fixed by the group.<br /><br />The Tata group has over 90 companies, of which 28 are listed, including the country’s largest software exporter TCS, India’s largest auto maker Tata Motors and Tata Steel, which is the world’s fifth largest steel maker.<br /><br />Tata, who took over as Chairman in 1991 from JRD Tata, had said: “I do not want to go out on a wheelchair.”<br /><br />Tata Sons had said while forming the committee to find successor that the group would require someone with experience and exposure to direct its growth amidst the challenges of the global economy. <br /></p>
