Ratan Tata

One of the most well-known and respected industrialists in India, Ratan Naval Tata is the Chairman of Tata Sons and Tata Group. At the age of 73, Tata heads one of the country’s largest conglomerates which comprise nearly 100 firms with revenues totaling about USD 67 billion. He is also the chairman of major Tata companies such as Tata Steel, Tata Motors, Tata Teleservices. Power, Tata Consultancy Services, Tata Tea, Tata Chemicals, and The Indian Hotels Company.

Tata was born on December 28, 1937 in Mumbai, in one of the richest families. His great grandfather was Jamsedji Tata, founder of the Tata group. As a young boy, Tata had a disturbed childhood after his parents split. He was raised by his grandmother, Lady Navajbai in the lap of luxury at Tata Palace. America held a special fascination for the Tata scion and he went to Cornell University to study architecture and structural engineering. Later he pursued a management course from Harvard University.

A member of a prominent family of Indian industrialists and philanthropists, he was educated at Cornell University, Ithaca, New York, where he earned a B.S. (1962) in architecture before returning to work in India. He gained experience in a number of Tata Group businesses and was named director in charge (1971) of one of them, the National Radio and Electronics Co. He became chairman of Tata Industries a decade later and in 1991 succeeded his uncle, J.R.D. Tata, as chairman of the Tata Group.

Success is the best revenge, and  Ratan Tata is the best example of this line. Once upon a time, Tata group launched his car Tata Indicom in 1998, it was the dream project of Ratan Tata, and he gave a lot of hard work to establish this car, but Indica car fails in the market, and due to this car, TATA motors is in low profit. 

Ratan Tata partnership members give advice to Ratan Tata that he should sell his company to get lost money. Ratan Tata did not want to sell his company, but he has no other option left, so he goes to Ford company to sell his company. The headquarter of the Ford company is in America.

With Ford company  Ratan Tata and his partners meeting 3 hours. Ford company chairman William Clay Ford Jr. show rude behavior with Ratan Tata. He said to Ratan Tata that if you don’t have any knowledge of this business so why you invest so much money in this indigo car? We just to do a fever to buy your company. These lines hurt Ratan Tata very much, and he takes flight and comes back without selling his company. Ratan Tata does not forget what William Clay Ford Jr. said to him. After that, Ratan Tata decided that he would not sell his company to anyone.

Revenge took by Ratan Tata: Ratan Tata gives all his energy and hard work to stand Tata motor, and his hard work is a success. Tata motor cars selling very fast in the market and earn too much profit. On the other side, the Ford company is going in loss. At the end of 2018, Ford company is in the stage of shutting down. At this time, Ratan Tata proposes Ford company that he will buy  Ford luxury cars Jaguar and Range Rover and gave too much money for those cars. William clay ford is in huge loss due to these two cars Range Rover and Jaguar, and he will happily accept the proposed of Ratan Tata. William clay ford will go to the head office of  Ratan Tata company with his partners. The past is repeating the same, but the person and place are changed.

In a meeting, the owner of companies decided that 9300 crore rupees Jaguar and Range Rover, are part of the Tata motor company. At this time, William clay ford repeats the line that he says in the past with the few changes he says to Ratan Tata, you can give me a favor to buy Range Rover and Jaguar Cars.

Today Jaguar and Range Rover are part of the Tata motors company and grow with colossal profit day by day. If Ratan Tata wants to shut the mouth of William clay ford in the meeting as remembering his past, he will do it, but he doesn’t do that because Ratan Tata was not in the intoxication of success.

In year 2000, he was honored with Padma Bhushan by the government of India. He was also conferred an honorary doctorate in business administration by Ohio State University, an honorary doctorate in technology by the Asian Institute of Technology, Bangkok, and an honorary doctorate in science by the University of Warwick. Tata has a personal fortune of GBP 300 million and owns less than 1% of the colossal group. Over two thirds of Tata Group is owned by charitable trusts that finance good causes.

Tata set a perfect example of generosity and leadership during the 26/11 attacks. Unarmed he stood all alone outside the Taj hotel and supervised the activities to help the victims. He showcased his humane gesture by personally visiting the families of all the 80 employees who were killed or injured. He left no stone unturned to provide relief to the victims and even asked the families and dependents as to what they wanted him to do.

His also steered plan to provide cheap and clean drinking water and helped a few Pune-based designers develop a sub-Rs 1,000 water purifier, Swach. Design Directions Private Limited took more than three years to make this 560-mm unit for purifying water.

A bachelor in real life, Tata loves privacy and shuns media spotlight. He has only CDs, books and dogs for company. The business baron drives himself to work in an unremarkable Tata sedan.