Tata Sons Chairman N Chandrasekaran has reiterated his commitment to transforming Air India into a world-class airline. At a recent discussion at the NIT Trichy Global Alumni Meet, he emphasized the importance of improving the airline’s hardware, flight experience, customer experience, technology, and overall performance. The Tata Group acquired Air India in 2022 for Rs 18,000 crore, and Chandrasekaran hopes to make it an “absolute top-class airline in the world.” He also jokingly asked the audience to encourage aircraft manufacturers Boeing and Airbus to speed up deliveries, given Air India’s massive order of 470 planes.
In a separate statement, Chandrasekaran spoke about the Tata Group’s plans to establish a semiconductor fabrication unit by next year, with USD 18 billion in investments in manufacturing, assembly, and testing. He emphasized the importance of a persistent and focused approach in the growing semiconductor industry, and highlighted the need for government support, investments, and academic collaboration. According to Chandrasekaran, thousands of companies are expected to emerge in the next 18-24 months, making an ecosystem for the industry crucial.