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The Tata model is one of India's unique contributions to capitalism—it mustn’t get undone

The Tata Group’s unique, century-old philanthropic model, a "societal asset" sustained by trust ownership for public services, is endangered. The author stresses disputes (shareholders, RBI) must not sacrifice this invaluable inheritance. Compromise is crucial to shield this trusted institution from collateral damage. While acknowledging governance issues, better oversight is vital, not abandoning trust ownership. Preserving Tata’s public-purpose wealth generation idea is essential for India’s global contribution.

LiveMint · Ajit Ranade · Sep 21, 2026 at 7:00 AM

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