Ratan Tata (born December 28, 1937, in Mumbai, India) was brought up by Lady Navajbai after his parents separated. He is the Chairman of the Tata Group, a respected and most well-known industrial group. He never married.
Education & Career of Ratan Tata
Ratan Tata had his schooling in Mumbai. He graduated with Bachelor of Science degree in Architecture and Structural Engineering from Cornell University in 1962. He was with Jones and Emmons in Los Angeles, California. He returned to India in late 1962 and joined the Tata Group at Tata Steel in Jamshedpur. He worked with a number of companies before becoming the director-in-charge of The National Radio & Electronics Company (NELCO) in 1971. He became the Chairman of Tata Industries in 1981 and launched major reforms. He took over the Tata group when J R D stepped aside in 1991.
Important Works by Ratan Tata
Tata Consultancy Services went public. Tata Motors got listed in the New York Stock Exchange. In 2007, Tata’s acquired Corus, an Anglo-Dutch steel and aluminum producer for about £6.7 billion. He announced his intention to manufacture Nano costing Rs 100,000 (US$2,528) in three models at the New Delhi Auto Expo on January 10, 2008. Tata Motors acquired Jaguar & Land Rover from Ford Motor Company for £1.15 billion ($2.3 billion).
Awards/Achievements for Ratan Tata
Ratan Tata received a number of awards such as Padma Vibhushan (2008); NASSCOM Global Leadership Award (2008); the Carnegie Medal of Philanthropy on behalf of the Tata family (2007); 26th Robert S. Hatfield Fellow in Economic Education by Cornell University (2006); and Padma Bhushan (2000). Ratan Tata serves in a number of positions including Member, the Prime Minister's Council on Trade and Industry.
Ratan Tata's foreign affiliations include Member of the international advisory board, the Mitsubishi Corporation, JP Morgan Chase, the American International Group and Booz Allen Hamilton; Member of the board of trustees of the RAND Corporation, Cornell University, and University of Southern California; board member, the International Investment Council of South Africa; member, Asia-Pacific advisory committee, the New York Stock Exchange; member, board of governors, the East-West Center; member, the advisory board of RAND's Center for Asia Pacific Policy; Member, programme board of the Bill & Melinda Gates Foundation's India AIDS initiative; honorary economic advisor to Hang Zhou city in the Zhejiang province of China (2004); and the Honorary citizenship, Government of Singapore (29th August 2008) the first Indian to receive this honor.
He received an honorary doctorate from the London School of Economics and is among the 25 most powerful people in business named by Fortune magazine (November 2007). He was listed as one amongst the World's 100 most influential people Time magazine 2008).