Ratan Tata is one of the leading Indian industrialists, ex-Chairman of the largest Indian conglomerate, Tata Group of Companies. He currently holds the post of Chairman Emeritus of Tata Sons, the holding company of the Tata Group which controls some of the major companies including Tata Steel, Tata Motors, Tata Power, Tata Consultancy Services, Indian Hotels and Tata Teleservices. Brought up by his grandmother from the age of ten when his parents separated, he became actively involved in the family business after completing his graduation. He started as a fellow worker on the shop floor at Tata Steel and gained an insight about his family business. After the retirement of J.R.D. Tata, he became the new Chairman of the Tata Group. Under his leadership, the organization achieved new heights and generated a large amount of overseas revenues. He was instrumental in the acquisition of Tetley, Jaguar Land Rover and Corus, which turned Tata from a major India-Centric company to a global brand name. Apart from expanding his multinational, he has also served in various capacities in organizations in India and abroad. He is also a leading philanthropist and more than half of his share in the group is invested in charitable trusts. Through his pioneering ideas and positive outlook, he continues to serve as a guiding force for his conglomerate even after retirement.

Wiki/Biography

Real Name Ratan Naval Tata
Nick Name Ratan Tata
Profession Entrepreneur, Businessperson, Engineer, Investor, Philanthropist
Famous for Ex-Chairman of Tata Group
Date of Birth 28-Dec-37
Age(as in 2021) 84 years
Birth Place Surat, Gujarat
Nationality Indian
Home Town Mumbai
School Campion School, Mumbai and Cathedral and John Cannon School, Mumbai
College/University Cornell University, New York, USA and Harvard Business School, Boston, Massachusets, US
Educational Qualification B.S. degree in architecture with structural Engineering Advanced Management Program
Religion Zoroastrian
Address Mumbai, Maharashtra, India
Height 177 cm
Weight 80 kg
Eye Color Light Brown
Hair Color Salt & Pepper
Hobbies Driving, Painting and Scuba Diving
Smokes? No
Drinks Alcohol? No

Birth & Early Life

He was born on December 28, 1937, in Surat, India, to Naval Tata and Sonoo. Naval Tata was the adopted son of the Jamsetji Tata’s younger son Ratanji Tata. Jamsetji Tata was the founder of the Tata Group of Companies. Ratan Tata has a brother, Jimmy, and a step-brother, Noel Tata.

When he was ten, his parents got separated and thereafter, he and his brother were brought up by his grandmother, Navajbai Tata.

He received his early education from the Campion School, Mumbai and finished his schooling from the Cathedral and John Connon School, Mumbai. In 1962, he obtained his B.S. in architecture with structural engineering from Cornell University, U.S.A.

Later he got enrolled at the Harvard Business School and completed an Advanced Management Program in 1975.

Career

Ratan Tata

In 1962, he started his career with the Tata Steel division where he shoveled stones and worked with the furnaces along with the blue-collar employees. It was a difficult job and helped him gain a better understanding and respect for his family business.

In 1971, he was appointed as the Director-in-Charge of the National Radio & Electronics Company Limited (NELCO) in order to help its struggling finances. He worked towards building a better consumer electronics division but the economic recession and union strikes prevented him from achieving success.

In 1977, he was moved to Empress Mills, a struggling textile mill within the Tata Group. He proposed a plan for the mill but the other Tata executives rejected it and the mill was shut down. Later, he was moved to the Tata Industries.

In 1991, J.R.D. Tata appointed him as the new Chairman of the Tata Group of Companies. This decision came under scrutiny following objections from other executives of the company and questions were raised regarding his ability to run the corporation.

But he succeeded in improving the financial success of the industries and expanded the growth of the organization under his leadership. He transformed the management and vision of the division and managed to bring in significantly larger dividends.

He also became a member of the Prime Minister’s Council on Trade and Industry. He served on the advisory board of the RAND’s center for Asia Pacific Policy and is also an active participant in India’s AIDS initiative program.

He also holds the membership of the international advisory board of the Mitsubishi Cooperation, the American International Group, JP Morgan Chase and Booze Allen Hamilton.

On his 75th birthday, i.e, on 28 December 2012 he resigned from the post of Chairman of Tata Group and was succeeded by Cyrus Mistry, managing director of Shapoorji Pallonji Group. Even after retirement, he is still an active businessman and invests in upcoming promising business ventures.

Favorite things of Ratan Tata

Favorite Film Not Known
Favorite TV Show Not Known
Favorite Singer Not Known
Favorite Sport Cricket

Marital Status and More

Marital Status Unmarried
Marriage Date
Controversies Not Known
Salary (Approx.)
Net Worth  $1 Billion

Social Media Presence

Facebook
Twitter https://twitter.com/rntata2000
Instagram https://www.instagram.com/ratantata

Personal Life

Ratan Tata is a bachelor. He is known for his low profile lifestyle. He resides in a simple house in Mumbai and drives around in a Tata Sedan.

Awards & Achievements

  • In 2000, he was conferred the Padma Bhushan, the third highest civilian honor awarded by the Government of India.
  • In 2004, he received the ‘Medal of the Oriental Republic of Uruguay’ from the Government of Uruguay.
  • In 2005, he was conferred the ‘International Distinguished Achievement Award’ by the B’nai B’rith International.
  • In 2007, he was conferred the Honorary Fellowship of The London School of Economics and Political Science.
  • In 2008, he was awarded the ‘Padma Vibhusan’, the second highest civilian honor awarded by the Government of India.
  • In 2009, he received the ‘Award of ‘Grand Officer’ of the Order of Merit of the Italian Republic’ from the Government of Italy.
  • In 2009, he was awarded the title of Honorary Knight Commander of the Order of the British Empire, United Kingdom.
  • In 2010, he won the ‘Oslo Business for Peace Award’ presented by the Business for Peace Foundation.
    In 2014, he was conferred the ‘Honorary Knight Grand Cross of The Order of the British Empire’.

Some Facts about Ratan Tata

  • Ratan Tata is a bachelor.
  • He is a licensed pilot and flies aircraft.
  • He was offered a job at IBM, but he refused and instead joined his own family business.
  • He enjoys driving a Ferrari California supercar when he is free.
  • He is one of the advisory board members in the biggest corporate such as JP Morgan Chase, Mitsubishi Corporation etc.
  • He joined Instagram in October 2019 and garnered nearly 500k followers in just 1 day.
    He donated Rs. 500 Crore during Corona Virus outbreak.