What Tata Group chief N Chandrasekaran told employees about tech and AI in year-end letter – Times of India

What Tata Group chief N Chandrasekaran told employees about tech and AI in year-end letter - Times of India

Tata Sons chairman keeping the tradition alive N Chandrasekaran Sent ‘New Year Message’ to Tata Group Employees In his year-end letter to employees, Chandrasekaran warned employees of expected volatility and disruption in 2024, driven by data privacy regulations and elections in 40 countries during the year. A growing global scenario has been developed.
set A.I Champions
“The next decade will be about companies that excel in delivering great customer experiences. With our growing foothold in the consumer business, we need to bring empathy to every interaction—be it Air India, Tata Motors Or in Titan. The brand Tata should be recognized everywhere. All companies. And our group’s goal is not just to adopt, or adapt to technology. We need to shape it and build it. This new year. “I, I urge every company to appoint an AI champion to actively promote the benefits of AI. Economically, practically and socially,” he said.
“The world faces destabilizing trends, from rising geopolitical tensions to the widespread adoption of generative AI to the rapid shift toward sustainability. Some of these trends are welcome. gone; the rest are few. The rules and processes that govern our world are more difficult to navigate—and all of this has increased the pressure to adapt,” he said.
“I am pleased that in this challenging global context, our group has performed admirably in 2023. Our transformation—following the principles of simplicity, synergy, scale, sustainability, supply chain and AI—is good across our companies. There has been a lot of growth. Lots of achievements. We also celebrated the historic IPO of Tata Technologies, and the announcement of new gigafactories — exciting initiatives that I believe will bring resilient growth for decades to come.” He added.
India’s future is bright.
As part of the Group’s commitment to address India’s unique challenges, it launched the Tata Transformation Prize, an award celebrating the path of research and development. “The first entries have already confirmed my confidence in India’s exceptional science and research community. I am confident that with the right support, transformative breakthroughs will come in multiple areas,” said Chandrasekaran.
The right rules need to be introduced for AI.
He said that although there is a shadow of uncertainty over the immediate global scenario, India’s future is bright. “In 2023, we have done the best. Our economy is booming, with GDP doubling to US$ 7 trillion in the next five years. And I am confident that India will become the world’s largest economy. is ready to take advantage of transformative changes. For example, there is a potential antidote to our problems of access and inequality—provided we are careful and introduce the right principles.” They said.

Tata Group Chairman N. Chandrasekaran,Head of the Tata Group,Tata Group,N Chandrasekaran,A.I
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