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In June 2025, Natarajan Chandrasekaran, Chairman of Tata Sons, prepared to chair an emergency board meeting that would determine the future of Tata Motors, one of India’s most iconic automotive firms. The company had returned to profitability after years of restructuring but was facing renewed turbulence. US tariffs had halted Jaguar Land Rover exports, China’s rare earth restrictions were straining EV supply chains and Tata’s domestic electric vehicle leadership was under threat as agile competitors gained ground. Four competing strategic responses emerged: a long-delayed demerger, renewed investment in EV acceleration, defensive supply chain fortification and regional diversification of JLR’s manufacturing...
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