Ratan Tata
Personal Profile
Ratan Tata
Birth Name:
Ratan Naval TataDate of Birth:
December 28, 1937Zodiac Sign:
CapricornPlace of Birth:
Mumbai, Maharashtra, IndiaSex:
MaleHair Color:
WhiteEye Color:
BrownNationality:
IndianReligion:
ZoroastrianismEducation:
Cornell University
Harvard Business School
Family
Ratan Tata
Father:
Naval TataMother:
Soonoo Tata
Career
Ratan Tata
Profession:
BusinessmanClaim to Fame:
Chairman, Tata Industries Limited
Awards
Ratan Tata
2000: Padma Bhushan Award
2008: NASSCOM Global Leadership Award
2008: Padma Vibhushan Award
Trivia
Ratan Tata
Quotes
Ratan Tata
- The country is now universally recognised as a nation on the move and takes its place amongst the successful economies in the region. The future potential is enormous but the country's destiny is in our hands. The time has come to move from small increments to bold, large initiatives. The time has come to stretch the envelope and set goals which were earlier not seen to be possible. The time has come for performance to be measured and for allocated funds of the government to reach the people for - Unknown
submitted by - Amit Sana
- I am proud of my country. But we need to unite to make a unified India, free of communalism and casteism. We need to build India into a land of equal opportunity for all. We can be a truly great nation if we set our sights high and deliver to the people the fruits of continued growth, prosperity and equal opportunity. - Unknown
submitted by - Akshya Dhiman
- One hundred years from now, I expect the Tatas to be much bigger than it is now. More importantly, I hope the Group comes to be regarded as being the best in India.. best in the manner in which we operate, best in the products we deliver, and best in our value systems and ethics. Having said that, I hope that a hundred years from now we will spread our wings far beyond India. - Unknown
submitted by - Vaibhav Dhiman
- We will put together teams to look at the areas which we might want to invest in Punjab. - Unknown
submitted by - Aksh Dhiman
- It is an evolving relationship with no barriers, no boundaries, but we don't want to overstate anything now. - Unknown
submitted by - Amit Rank
Biography
Ratan Tata
Last Updated: Saturday, May 01, 2010
Ratan Tata became the Chairman of the Tata Group in 1981 after serving as Chairman in charge of the Nelco division of the group. Tata is India's biggest conglomerate and includes the brands Tata Motors, Tata Steel, Tata Power, Indian Hotels, as well as other brands labeled under the Tata name.
Ratan Tata was born on December 28, 1937 in Mumbai, India in one of the richest families in the country. His great grandfather, Jamsedji Tata, was the founder of the Tata group and passed the authority and inheritance down to his family. Ratan Tata grew up in a cracked household, however, after his parents split in the mid-1940s and he and his brother were raised by their grandmother, Lady Navajbai. Tata's first work with the Group involved working with the Tata Steel division where he worked with the blue-collar workers shoveling stone and working with the furnaces.
Although this original task was physically difficult, it helped Ratan Tata gain a better understanding and awareness for the business and he slowly began taking on more responsibility. In 1971, Tata became Director-in-Charge of the National Radio & Electronics Company Limited (Nelco) in order to help its struggling finances. Ratan Tata helped construct a better consumer electronics division but the economic slump and union strikes prevented his vision from taking hold.
Tata was finally moved to Empress Mills in 1977, a struggling textile mill within the Tata Group. Ratan Tata renewed the vision for the mill but the larger Tata Group was not in agreement with his advice. Instead, the mill was shut down and liquidated in 1986, to Tata's disappointment, and he was moved to the Tata Industries, another holding company.
With Tata Industries, Ratan Tata was able to transform the management and vision of the division and bring in significantly larger dividends. This renewed fiscal success helped bring the Tata Group to the New York Stock Exchange and gave the company even more international power and prestige. Ratan Tata continued to acquire different industries for the Tata Group, finally purchasing the steel an aluminum producer, Corus Group as well as Jaguar and Land Rover brands from the Ford Company. Ratan Tata lives a very private life in Mumbai, India.