Tata Trusts chairman Noel Tata said the Trusts will put more weight on building institutions directly rather than only funding them. In the Trusts’ FY26 annual report, Noel said the need was “not simply to support an existing effort, but to build institutions and models that can become enduring public assets in their own right”. He did not directly refer to the governance and strategic differences between the Trusts and Tata Sons.
\n\nNoel cast the shift as a return to the founders’ purpose. “Our founders did not set out to build the largest group of companies. They believed that enterprise carried with it a responsibility to society, and that the true measure of progress was an improvement in the quality of people’s lives,” he said.
\n\nAccording to Tata Trusts Annual Report, in the year to March 2026, Tata Trusts disbursed Rs 1,556.31 crore and is now working toward a network of 40 to 50 not-for-profit general hospitals, Chairman Noel Tata said in the Trusts' Annual Report for 2025-26.
\n\nTata said patients who can afford to pay would help fund care for those who cannot. The report gives no investment figure, locations, or timeline for the hospitals.
\n\nNoel Tata said the…
Original source: https://www.timesnownews.com/business-economy
