Ratan Tata Biography

Ratan Tata

Ratan Tata Biography

Birth: 28th December 1937, Surat

Career / Business / Post: Dismissed Chairman of Tata Sons

Ratan Tata is a renowned Indian industrialist and retired chairman of Tata Sons. He was the Chairman of the Tata Group from 1991 to 2012. He relinquished the position of Chairman of the Tata Group on 28 December 2012 but still remains the Chairman of the Charitable Trust of the Tata Group. He was also the chairman of all major companies of the Tata Group such as Tata Steel, Tata Motors, Tata Power, Tata Consultancy Services, Tata Tea, Tata Chemicals, Indian Hotels, and Tata Teleservices. Under his leadership, the Tata group touched new heights and the group's revenue also increased manifold.

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Early Life

Ratan Tata was born on December 28, 1937, in the city of Surat, India. Ratan Tata is the son of Naval Tata who was adopted by Navajbai Tata after the death of her husband Ratanji Tata. When Ratan Tata was ten years old and his younger brother, Jimmy, his parents (Naval and Sonu) separated from each other in the mid-1940s when he was seven. The two brothers were then raised by their grandmother Navajbai Tata. Ratan Tata also has a half-brother named Noel Tata.

Ratan did his early education from Campion School in Mumbai and secondary education from Cathedral and John Conan School. He then completed his BS with structural engineering in architecture from Cornell University in 1962. He then completed the Advanced Management Program in 1975 from Harvard Business School.

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Ratan Tata

Carrier

Before returning to India, Ratan Tata worked at Jones and Amon’s in Los Angeles, California. Ratan Tata started his career with the Tata group in 1961. In the early days, he worked on the shop floor of Tata Steel. He then joined other companies in the Tata group. In 1971, he was appointed director in charge of the National Radio and Electronics Company (NELCO). In 1981, he was made the chairman of Tata Industries. In 1991, JRD Tata relinquished the position of chairman of the group and succeeded Ratan Tata.

Under the leadership of Ratan Tata, the Tata group touched new heights. Under his leadership, Tata Consultancy Services issued a public issue and was listed on the Tata Motors New York Stock Exchange. In 1998, Tata Motors introduced the first fully Indian passenger car - Tata Indica. Later, Tata Tea acquired Tetley, Tata Motors 'Jaguar Land Rover' and Tata Steel acquired 'Corus', which increased Tata Group's credibility with the Indian industry. The Tata Nano - the world's cheapest passenger car - is also the result of Ratan Tata's own thinking.

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On 28 December 2012, Ratan Tata retired from all executive responsibilities of the Tata group. He was succeeded by 44-year-old Cyrus Mistry. Although Ratan Tata is now retired, He is still working. Recently, Ratan Tata made his personal investment in India's e-commerce company Snapdeal. Along with this, he has also invested in another e-commerce company Urban Ladder and Chinese mobile company Xiaomi.

Ratan Tata is currently the retired chairman of the Tata group. Along with this, he also remains the chairman of 2 trusts of Tata Sons.

Ratan Tata has played an important role in many organizations in India as well as in other countries. Ratan Tata is a member of the Prime Minister's Council on Trade and Industry and the National Manufacturing Competitiveness Council. Ratan Tata is also a director on the board of several companies.