Mr. Chaukar was the Managing Director of Tata Industries Ltd. (TIL), and was responsible for providing strategic direction and support to the Tata companies that have been promoted by TIL. He was 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 was 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 diploma in management from the Indian Institute of Management, Ahmedabad.
He also serves on the Boards of several companies such as Tata Communications Ltd., Tata Investment Corporation Ltd., Tata Petrodyne Ltd., Praj Industries Ltd., Tata AIA Life Insurance Co. Ltd., Tata Trustee Co. Ltd. and Kirloskar Brothers Ltd.