Neville Tata, the nephew of Ratan Tata, is all set to head Star Bazaar, the Tata Group’s hypermarket division. Neville is pitted against Reliance’s retail divisions headed by Isha Ambani, the daughter of Reliance Industries Chairman and Managing Director Mukesh Ambani.
Mumbai, August 22: Neville Tata, the 32-year-old scion of the Tata family and nephew of Ratan Tata, is all set to head Star Bazaar, the hypermarket division of the Tata retail company Trent Limited. Neville’s ascension to the position now pits him and his retail business against Reliance’s retail divisions, headed by Isha Ambani, the daughter of Reliance Industries Chairman and Managing Director Mukesh Ambani. Neville was already taking care of Trent’s fashion retail brand Zudio.
Know More About Neville Tata
After completing his studies at the Bayes Business School in London, United Kingdom, Neville joined the Tata Group in 2016 as a lead in their food and beverages department. Later, he managed Trent’s apparel brand Zudio, which has become one of India’s largest retail clothing stores. Neville served as Non-Executive Director on the board of Trent Hypermarket. The company is a joint venture between the Tata Group and British retailer Tesco, operating 66 Star Bazaars stores pan-India. Neville Tata has now assumed charge as the head of Star Bazaar. Tata Group’s iPhone Assembly Plant in Tamil Nadu To Offer Jobs to 50,000 Workers, Likely To Become Operational in Festive Quarter of 2024.
How Will Neville Tata Challenge Reliance’s Isha Ambani?
Neville Tata’s appointment at Trent as head could pose a severe challenge to the Ambani retail businesses. Tata’s Zudio opened 80 stores after its establishment four years ago and as of 2024, has reached around 560 stores in 164 cities across India, as per a Bloomberg report. Sales at Trent Limited have tripled, with their net profits surging 12 times over, the report said. On the other hand, Mukesh Ambani-led Reliance’s retail sector was handed over to his 32-year-old daughter, Isha Ambani, who leads Reliance Retail. According to The Ken, Trent’s sales figures are more than Reliance’s by at least 15-20 percent.
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