Tata Sons Chairman N Chandrasekaran stated that India's economy is robust amid global uncertainties. Speaking at the Indian Foundation for Quality Management (IFQM) Symposium 2026 on October 5, 2026, he emphasized that energy security, advanced manufacturing jobs, and investment in human capital are critical for sustaining long-term growth.

Key Highlights

  • Viksit Bharat 2047 Vision: Chandrasekaran noted that this vision has permeated various aspects of the country, requiring inclusive and sustainable development supported by world-class infrastructure, institutions, and intellectual property.
  • Economic Performance: He remarked that the Indian economy has consistently exceeded expectations, showcasing the highest growth rates in a challenging global environment. Key drivers include strong domestic demand, services exports, and a favorable policy environment from the government.

Economic Indicators

Chandrasekaran pointed to several indicators that demonstrate India's stable position:

  • Current account deficit consistently below 1% of GDP
  • Services exports at about 11% of GDP
  • Strong foreign exchange reserves
  • Healthy bank NPAs