New Delhi, Aug. 12 -- N Chandrasekaran has decided to step down as chairman of Tata Sons, ending his nearly decade-long tenure at the helm of the Tata Group.

Chandrasekaran informed the Tata Sons board of his decision on Wednesday, 12 August, and said he would not seek an extension when his current term ends in February 2027.

Chandrasekaran took charge as executive chairman of Tata Sons on 21 February 2017, after spending three decades at Tata Consultancy Services, where he became chief executive and managing director in 2009. He was reappointed for a second five-year term in 2022.

His tenure has coincided with some of the Tata Group's biggest strategic bets, including the acquisition of Air India and expansion into semiconductors, ele...