Breaking News

Tata Sons appoints Roopa Purushothaman as Chief Economist and Head, Policy Advocacy

Tata Sons appoints Roopa Purushothaman as Chief Economist and Head, Policy Advocacy

August 24, 2017: Tata Sons today announced the appointment of Ms. Roopa Purushothaman as Chief Economist and Head of Policy Advocacy. In her role, Ms. Purushothaman will drive macro-economic research as well as all policy and advocacy initiatives as relevant to the businesses of the Tata group. She will join the group with effect from 1st September 2017.

Ms. Purushothaman joins Tata Sons from Everstone Capital, where she was leading the research function. Before that, she was with Goldman Sachs International as Vice President & Global Economist. She has worked in New York, London & Mumbai.  In her longstanding career, Ms. Purushothaman has published research papers covering a wide range of topics, including the path-breaking research on BRIC countries.
Mr. N. Chandrasekaran, Executive Chairman of Tata Sons, said: “I am very delighted to have Roopa as part of the team at Tata Sons. Roopa’s deep knowledge on economic matters and trends, public policy and advocacy will be extremely valuable. Her passion and engagement in the social sector will help her widely contribute to the community initiative.”
Ms. Purushothaman said: “The Tata group is a one-of-a-kind institution that plays a pivotal and multifaceted role in India’s economic development. To be a part of this group, during this period in India’s growth story, is truly a unique opportunity. I look forward to getting to work and deepening our collective understanding of macro patterns and demographic dynamics as they play out over the coming years.”

Ms. Purushothaman is a graduate from Yale University, and has a post-graduate degree from the London School of Economics. She is also the founder of Avasara Leadership Institute, a non-profit educational institution focusing on accelerating academic and leadership outcomes for high potential adolescent girls in India.

About the Tata group
Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India, comprising over 100 independent operating companies. The group operates in more than 100 countries across six continents, with a mission 'To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust'. Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture. In 2016-17, the revenue of Tata companies, taken together, was $100.39 billion. These companies collectively employ over 695,000 people. Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors and shareholders. There are 29 publicly-listed Tata enterprises with a combined market capitalisation of about $130.13 billion (as on March 31, 2017). Tata companies with significant scale include Tata Steel, Tata Motors, Tata Consultancy Services, Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Indian Hotels.