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Indian industrialist, investor, philanthropist, and former chairman of Tata Sons. Ratan Tata is the son of Naval Tata, who had been adopted from J. Petit Parsi Orphanage by Navajbai Tata. His parents Naval and Sonoo separated in 1948 when he was ten and his younger brother, Jimmy, was seven years old. Both he and his brother were raised by their grandmother Navajbai Tata.
Tata began his career in the Tata group in 1961. He started on the shop floor of Tata Steel, shoveling limestone and handling the blast furnace. He could not turn around group companies, NELCO and Empress Mills, which he was given charge of in the 70s. During the 21 years he led the Tata Group, revenues grew over 40 times, and profit, over 50 times. Where sales of the group as a whole, overwhelmingly came from commodities when he took over, the majority sales came from brands when he exited. Ratan Tata relinquished all executive power in the Tata group on 28 December 2012, on turning 75, appointing as his successor, Cyrus Mistry, the 44-year-old son of Pallonji Mistry of the Shapoorji Pallonji Group, the largest individual shareholder of the group and related by marriage.
50 million for the construction of an executive center. He is the interim chairman of Tata Sons. Tata Sons, Tata group’s holding company. He has served in various capacities in organizations in India and abroad. He is a member of Prime Minister’s Council on Trade and Industry’ and the ‘National Manufacturing Competitiveness Council’. He is a director on the boards of Alcoa Inc. Mondelez International and Board of Governors of the East-West Center.
He is also a member of the board of trustees of University of Southern California, Harvard Business School Board of Dean’s Advisors, X Prize and Cornell University. In February 2015, Ratan took an advisory role at Kalari Capital. 100 billion conglomerate, Ratan Tata made a comeback, taking over the company’s interim boss for 4 months. A selection committee has been formed to find a successor in four months.
Ratan Tata received the Padma Vibhushan in 2008 and Padma Bhushan in 2000, the second and third highest civilian honours awarded by the Government of India. The amazing story of how Ratan Tata built an empire. Ratan Tata is chairman emeritus of Tata Sons”. What makes the Tata empire tick? List of Fellows — Royal Academy of Engineering”. You’ll Respect These Indians More After You Find Out How Much They Donate To Charity”.
Ratan Tata rode the tiger economy and now he drives Jaguar”. Thank you, Mr Tata, for thinking of the common man! Ratan Tata goes back to school”. Ratan Tata ’59: The Cornell Story”. Times of India Article: Man of the Year? The Tata group: Out of India”.