Having Cyrus Mistry as group Chairman a big advantage: Tata Power
"Tata Power has a big advantage because Mistry was on the board of Tata Power for many many years. He started off in Tata Group with Tata Power," its Managing Director Anil Sardana told PTI in an interview here.
"We have a big advantage because he (Mistry) knows Tata Power. Besides, he knows the infrastructure sector very well because he was managing director of Shapoorji Pallonji Group where his prime focus was infrastructure. He understands infrastructure and power. That is our biggest advantage," the Tata Power chief said.
Sardana said that Tata Power was one of the first companies where Mistry became the Chairman.
"He (Mistry) became Chairman of Tata Power on November 28, one month before he assumed chairmanship of many other companies. We have that coveted distinction of having him as first chairman amongst all other Tata companies," he added.
"It is an advantage if someone knows that they can relate very quickly... His inputs are almost impromptu (about the subject). That is the advantage," Sardana said.
The 44-year-old Mistry took over as Tata Group chief after Ratan Tata's retirement from the position on December 28. Besides succeeding Ratan Tata as Chairman of Tata Sons Ltd, the group's holding company, Mistry has also taken over as Chairman of various group firms including Tata Power.
Talking about the former
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