Ratan Tata, fully Ratan Naval Tata, born December 28, 1937, in Bombay India, an Indian businessman who chaired the Tata Group, is a coalition based in Mumbai.
A member of a prominent family of Indian industrialists and service providers was educated at Cornell University, Ithaca, New York, where he obtained a B.S. in the construction of buildings before returning to work in India.
He gained
experience in many Tata Group businesses and was appointed as managing director
(1971) in one of them, National Radio and Electronics Co. He became chairman of
Tata Industries ten years later and in 1991 succeeded his uncle, JR.D. Tata, as
chairman of Tata Group.
When he took over
the leadership of the corporation, Dad desperately wanted to grow it, and he
focused on developing his businesses. In 2000 the group acquired London-based
Tetley Tea for $ 431.3 million, and in 2004 bought truck production from South
Korea's Daewoo Motors for $ 102 million. In 2007 Tata Steel completed the
largest takeover by an Indian company when it acquired the largest producer of
Anglo-Dutch steel Corus Group for $ 11.3 billion.
In 2008 Tata oversaw the acquisition of Tata Motors for British high-end Jaguar and Land Rover vehicles from Ford Motor Company. The $ 2.3 billion deal marks the largest acquisition ever made by an Indian car company.
The following year the company unveiled the Tata Nano, a small rear-engine, car-shaped car with an initial price of about 100,000 Indian rupees, or about $ 2,000. Although only 3 meters (3 meters) long and 1.5 meters wide, the highly acclaimed "People's Car" can accommodate up to five adults and, in Tata's words, will provide "safe, inexpensive, a kind of air transport" to millions of middle-income consumers In December 2012, Tata retired as chairman of the Tata Group.
He served as interim chairman in October 2016 following the dismissal of
his successor, Cyrus Mistry.Tata retired in January 2017 when Natarajan
Chandrasekaran was elected chairman of the Tata Group.
Among other things,
he received the Padma Bhushan, one of India's most prestigious public awards,
in 2000.
The Tata family, a
family of Indian businessmen and auxiliaries who developed metal and metal
tools, cotton mills, and power stations have proved the importance of India's
industrial development.
Tata Group, a
private equity firm of about a hundred companies involving several key
business sectors: chemicals, consumer products, energy, engineering,
information systems, building materials and services. Headquarters is in
Mumbai.
Tata Group was founded as an independent trading company in 1868 by businessman and social worker Jamsetji Nusserwanji Tata. In 1902 the group sponsored the Indian Hotels Company to establish the Taj Mahal Palace & Tower, India's first luxury hotel, which opened the following year.
After Jamsetji's death in 1904, his son
Sir Dorab Tata took over as chairman of the Tata Group. Under Dorab's
leadership the group quickly expanded into a wide range of new industries,
including steel (1907), electricity (1910), education (1911), consumer goods
(1917), and aviation (1932).
21 Amazing Motivational Ratan Tata Quotes that always give us Goose Bumps when we heard these.
1. “I don’t believe in taking the right decisions. I take decisions and then make them right.”
8.“I’ve often felt that the Indian Tiger has not been unleashed."
9.“People still believe what they read is necessarily the truth.”
10.If it stands the test of public scrutiny, do it… If it doesn’t stand the test of public scrutiny then don’t do it.”
17.“I admire people who are very successful. But if that success has been achieved through too much ruthlessness, then I may admire that person, but I can’t respect him.”