Sir — This refers to the report, “Mistry goes; what’s up at Tata SonsIJ” (October 25) by Kushan Mitra. It is surprising that the Indian salt-to-software conglomerate has ousted Cyrus Mistry as chairman and restored Ratan Tata to the position while it seeks a permanent replacement.
We need visionaries to lead the Tatas. Tata Sons is the main holding company of the group. After taking charge, Mistry had to face some challenging situations such as the decision to sell Tata Steel UK in the wake of mounting losses.
Tata Sons’ chairmanship is not a place for one to cut one’s teeth. In India, the Tatas have symbolised high professionalism. During the stewardship of Ratan Tata, there was considerable expansion as well. Tata Sons ought to have given time to this young man or guided him on decisions by constituting a committee earlier.