Ratan Tata name is instantly recognizable to everyone. he has earned respect not only as a successful industrialist, but also as a great human being.
Ratan Tata Biography
Ratan Tata As India’s best chairman, he has always prioritized social and employee welfare over commercial gains. He is the 73-year-old CEO of one of India’s largest conglomerates, which includes nearly 100 companies with a combined revenue of USD $80 billion.
In 1990, he was appointed chairman of Tata Sons, and in 2016, he was appointed interim chairman. During his tenure, the Tata Group reached new heights, with revenue increasing 40 times and profit increasing 50 times. Let’s take a look at his life story and try to learn a few chapters from his book.
Childhood and Early Life
Ratan Tata was born in 1937 in Mumbai to one of India’s most prosperous industrialist families. His grandfather, Jamsedji Tata, founded the Tata Group, which pioneered industrialization in India following independence. Tata studied architecture and structural engineering at Cornell University in the United States before enrolling in a management program at Harvard University.
Despite being the future chairman of Tata Group, he began his career alongside blue-collar workers in the Tata Steel Division. Tata was appointed director-in-charge of the National Radio and Electronics Company Limited (NELCO) in 1971, when it was in desperate need of a revival, and he turned it around.
He took over the helm of Tata Group in 1990 and implemented a slew of reforms to modernize the group’s business methods in order to compete successfully in the new era. During his tenure, he unified all Tata companies and acquired several comply-produced cars, including the “Indica” and the first compact car, the “Nano.” Tata created the Nano, the world’s most economically produced car, after becoming concerned about the safety of nuclear families traveling on two-wheelers.
Ratan Tata’s Success Story
Ratan Tata Success Story, who recently turned 84, served as Chairman of the Tata Group until his retirement in 2012, after which he served as interim chairman in 2017. The industrialist has received two of the highest awards bestowed by the Indian government, the Padma Bhushan and the Padma Vibhushan.
Apart from Corus Group, one of Ratan Tata’s most notable accomplishments was taking the Tata brand global through acquisitions such as Tetley Tea, Daewoo Motors’ truck manufacturing arm, and Jaguar Land Rover.
TCS, an IT services firm, went public under his leadership in 2004, and Tata Motors shares were also listed on the New York Stock Exchange.The Tata Group’s revenues ballooned by more than 40 times and its profits by more than 50 times.
Ratan Tata deal with challenges
Ratan Tata faced a significant challenge when he met with Ford executives to sell the Tata Group’s car business. The deal did not go through, but Tata worked to improve the auto industry. When Ford was on the verge of bankruptcy nine years later, Tata was able to secure the company’s Jaguar Land Rover acquisition for more than $2 billion. During the 26/11 terror attacks, he led efforts to assist victims outside the Taj hotel, demonstrating his ability to overcome obstacles. “If you want to walk quickly, walk alone,” he says. If you want to go a long distance, walk together.”
Ratan Tata Age
28 December 1937
Ratan Naval Tata (born 28 December 1937) is an Indian industrialist and former chairman of Tata Sons.
Ratan Tata Wife
Ratan Tata has never married and has no children.
Tata group of companies
The group operates in more than 100 countries across six continents, with a mission ‘To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust’.
Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture.
In 2020-21, the revenue of Tata companies, taken together, was $103 billion (INR 7.7 trillion). These companies collectively employ over 800,000 people.
Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 29 publicly-listed Tata enterprises with a combined market capitalisation of $314 billion (INR 23.4 trillion) as of December 31, 2021.
Companies include Tata Consultancy Services, Tata Motors Tata Steel, Tata Chemicals, Tata Consumer Products, Titan, Tata Capital, Tata Power, Indian Hotels, Tata Communications, Tata Digital, and Tata Electronics.
Ratan Tata's invested Startups
Ratan Tata turned 84 today, on December 28. Apart from being a powerful industrialist and a much more generous philanthropist, the chairman emeritus of Tata Group is also a prolific investor and has made numerous investments in several startups.
From Ola Electric to Paytm to Zivame and many more, Tata has invested in over 30 start-ups to date, most in his personal capacity and some via his investment company.
Ola Electric
Ratan Tata funded Ola Electric Mobility Pvt Ltd (Ola Electric) in 2019 as part of its Series A round of funding for an undisclosed amount. Tata is also an early investor in ANI Technologies Pvt Ltd, Ola’s parent company.
Paytm
Ratan Tata made an investment in Paytm by raising funding in March 2015 for One97 Communications – the parent company of digital payments platform. This funding fetched him the position of a business advisor on One97 Communications’ board.
Snapdeal
Snapdeal is the first e-commerce firm that Ratan Tata invested in. He is believed to have picked up a 0.17 per cent stake in Snapdeal in August 2014, when he invested less than Rs 5 crore, as per earlier reports.
Cardekho
One of the largest auto search platforms in the country, CarDekho, helps users purchase cars online. Ratan Tata invested an undisclosed amount in GirnarSoft – the parent company of CarDekho, BikeDekho, and PriceDekho portals.
Cure.fit
Cure.fit is a health and fitness start-up that has raised $170 million from investors like Accel Partners, Kalaari Capital, Chiratae Ventures, and Ratan Tata.
UrbanLadder
Urban Ladder is a Bengaluru-based online furniture retailer. The online furniture retailer secured funding from Ratan Tata in November 2015.
After Snapdeal, it was Tata’s second personal investment in an e-commerce firm.
However, in November 2020, Reliance Industries’ (RIL’s) retail arm acquired 96 per cent stake in Urban Ladder for over Rs 182 crore.
Zivame
Online lingerie platform founded in 2011 by Richa Kar and Kapil Karekar, Zivame also saw funding from the industrialist.
Zivame raised a funding from Ratan Tata in September 2015. However, other details about the investment weren’t disclosed. Later, it reportedly said that it planned on using the money to develop technology and strengthen its customer base.
Urban Company
Services marketplace Urban Company (formerly known as UrbanClap) raised an undisclosed amount in funding from Ratan Tata in December 2015. Urban Company is a Gurgaon-based services marketplace .
Abra
Ratan Tata has also made an investment in a Silicon Valley-based bitcoin start-up Abra with American Express. The start-up allows users to store digital cash and send money to any smartphone using Abra’s app. Abra earns money when users buy or sell digital currency through its app.
Lenskart
Lenskart the popular online retailer that sells eyewear such as sunglasses, eye glasses, contact lenses and more, secured funding from Tata in April 2016. However, an official from the company reportedly said that Tata’s role was more of a mentor/advisor rather than a financial investor.
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Ratan Tata Net Worth
Ratan Tata Net Worth :A remarkable human being and industrialist, amazingly Ratan Tata never featured in ‘Forbes billionaires list.
but As per the Forbes Ratan Tata Net Worth is $291 Billion, Which is much higher than the the Elon musk, Ambani and Adani.
We All Love him from the bottom of Heart, Such a Great human being. One Article or 100 of articles are much less to explain about him.
Ratan Tata A True Leader
Ratan Tata is a true leader who has always believed in putting a human face before commercial gain. He is involved in a number of philanthropic activities aimed at improving the quality of life and education in rural India.
He has received a lot of attention in his lifetime. Padma Bhushan was bestowed upon him by the Indian government in 2000, and Padma Vibhushan was bestowed upon him in 2008. Aside from that, he received honorary doctorates from Ohio State University, the University of Warwick, and the Asian Institute of Technology in Bangkok.
His fortune is staggering at GBP 300 million, but he owns less than 1% of the massive conglomerate of Tata Groups. The majority of Tata Group shares are owned by several charitable trusts that finance several philanthropic activities.
Frequently Asked Questions?
He never showcased in Forbes Billionaire list, he and the Tata Group Always work for humanity.
Ratan Tata had told that he has had 4 girlfriends but by the time the wedding card was printed, they broke up.
No he is not married, But the told that the wedding card kept getting printed and got canceled.
Tata and Starbucks are 50:50 JV partners in this venture.
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