Tata Trusts Welcomes New Trustees: Neville Tata & Bhaskar Bhat
In a significant development for Tata Trusts, Neville Tata and Bhaskar Bhat have been approved as new trustees, effective November 12, 2025. This decision comes shortly after the ousting of Mehli Mistry, highlighting the consolidation of influence by Noel Tata, who chairs the Trusts. The induction of Bhat, a notable figure in the Indian business landscape, and Neville, son of Noel Tata, marks a strategic move aimed at steering Tata Trusts towards a stable future.
Bhaskar Bhat, who previously served as the Managing Director of Titan Company, played a crucial role in revolutionizing the watch industry in India. His experience of over three decades within the company showcases his deep understanding of the business and market dynamics. Under his leadership, Titan transformed into a major player, and his insights are expected to be invaluable as he joins the board of Tata Trusts.
On the other hand, Neville Tata, who graduated from Bayes Business School, is making strides in the family business. He is currently involved with Trent Ltd., overseeing operations of Zudio, a well-known fashion retail brand. His leadership is already making a mark in the retail space, and his contribution will likely enhance the strategic direction of the Trusts.
The recent changes in the Tata Trusts' board come at a time when stability is much needed following Mistry's departure. His exit was marked by a public disagreement with Noel Tata and other trustees, which raised concerns about governance within the Trusts. With Bhat and Neville's induction, there is an expectation of a more cohesive and focused leadership approach.
Tata Trusts holds a significant stake in Tata Sons, which is the principal holding company of the Tata group. The Trusts control strategic assets that influence not just the Tata group's direction but also contribute to India's economic landscape. The new appointments are poised to reinforce the Trusts' commitment to philanthropy and community development while ensuring that the Tata legacy continues to thrive.
Industry observers suggest that these changes may be the first of several anticipated in the coming years as Noel Tata is expected to further consolidate his influence within the Trusts. As Tata Trusts navigates through this transition, the focus will remain on maintaining the integrity and reputation that the Tata brand has built over decades, ensuring that it remains a leader in both business and social responsibility.
