As managing director of Tata Industries (TIL), Mr Chaukar 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.

Mr Chaukar's responsibilities as mentor and strategist are further enhanced by his membership of the Tata Group Corporate Centre (GCC), which formulates strategy at the Group level.

He was previously the managing director of the ICICI Securities and Finance Company, as well as 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, and Godrej Soaps.

Mr Chaukar is a post-graduate in management from the Indian Institute of Management, Ahmedabad.