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Ratan Tata

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Revision as of 17:22, 28 December 2012 by 159.53.174.145 (talk) (→References)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff) For Ratanji Dadabhoy Tata, see Ratanji Dadabhoy Tata.
Ratan Tata
Born (1937-12-28) 28 December 1937 (age 87)
Bombay, Bombay Presidency, British India before partition of India and Pakistan.
NationalityIndian
Alma materCornell University
Harvard University
OccupationFormer Chairman of Tata Group
Years active1962–2012
RelativesNoel Tata (half-brother)
AwardsPadma Bhushan (2000)
Padma Vibhushan (2008)
KBE (2009)
WebsiteRatan N Tata
Signature
Ratan Tata signature

Ratan Naval Tata, KBE (born 28 December 1937), is an Indian businessman who became chairman of the Tata Group (1991–2012), a Mumbai-based conglomerate. He is a member of a prominent Tata family of Indian industrialists and philanthropists.

Career

Tata began his career in the Tata group in 1962; he initially worked on the shop floor of Tata Steel, shovelling limestone and handling the blast furnace.

In 1991, JRD Tata stepped down as Tata Industries chairman, naming Ratan as his successor. He was heavily criticized for lacking experience in running a company of the scale of Tata Industries.

In 1991 he was appointed as the chairman of the Tata group. Under his stewardship, Tata Tea acquired Tetley, Tata motors acquired Jaguar Land Rover and Tata Steel acquired Corus, which have turned Tata from a largely India-centric company into a global business, with 65% revenues coming from abroad. He also pushed the development of Indica and the Nano.

Ratan Tata retired from all executive responsibility in the Tata group in December 28th 2012 which is also his 75th birthday and he is succeeded by Cyrus Mistry, the 44-year-old son of Pallonji Mistry and managing director of Shapoorji Pallonji Group.

He is currently the chairman emeritus of Tata Sons,Tata Motors and Tata Steel. He is also the chairman of the main two Tata trusts Sir Dorabji Tata and Allied Trusts and Sir Ratan Tata Trust which together hold 66% of shares in the group holding company Tata Sons.

Ratan Tata has served in various capacities in organisations in India and abroad. He is a member of the Prime Minister's Council on Trade and Industry. Tata is on the board of governors of the East-West Center, the advisory board of RAND's Center for Asia Pacific Policy and serves on the program board of the Bill & Melinda Gates Foundation's India AIDS initiative.

External links

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    1. "Amazing story of how Ratan Tata built an empire".
    2. "Tata Group Website".
    3. ^ Chidanand Rajghatta, TNN (2007-12-30). "Times of India Article: Man of the Year? Its Ratan Tata". Timesofindia.indiatimes.com. Retrieved 2011-02-23. Cite error: The named reference "MoY" was defined multiple times with different content (see the help page).
    4. "Cyrus P Mistry to succeed Ratan Tata". Retrieved 23 November 2011.
    5. "Chairman Profile, Interviews and Press Articles". Tata Group Website.
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