Mr. Chaukar is the Managing Director of Tata Industries Ltd. (TIL), and he is  responsible for providing strategic direction and support to the Tata companies that have been promoted by TIL. He is also involved in strengthening TIL's role as a catalyst for the introduction of new businesses within the Group, especially in areas of high technology and future economic potential.
The responsibilities of Mr. Chaukar’s as mentor and strategist are further enhanced by his membership in the Tata Group Executive Office, which formulates strategy at the Group level.
He was previously the managing director of the ICICI Securities and Finance Company, and was also a member of the board of directors of ICICI. He has also worked with Bhartiya Agro Industries Foundation, a public trust engaged in rural development.
Mr. Chaukar is a post-graduate in management from the Indian Institute of Management, Ahmedabad.
He also serves on the Boards of several Companies, such as Tata Industries Ltd., Tata Teleservices Ltd., Tata Communications Ltd., Tata Investment Corporation Ltd., Tata Business Support Services Ltd., Tata Petrodyne Ltd., Praj Industries Ltd., TSR Darashaw Ltd. and Tata AIG Life Insurance Company Ltd.