The Ratan Tata
Trapti Kaushik
Trapti Kaushik
Thursday 10 Oct 2024
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The TATA Group is India’s topmost and no.1 brand in the history. The TATA is the second name of loyalty, trustworthiness for more than 150 years. The growth state of the TATA is one of the topmost successes is their production plant and their growing business. The country’s no.1 brand and the most easily valuable in different sectors of business and also the impact of the TATA products are outstanding. Further we discussed his biography of the honourable “THE RATAN TATA”.

Early Life and Education

  1. Birth and Family Background: In the state of Mumbai, Maharashtra, the legend was born on December 28, 1937. His name was Ratan Tata. They lived with their grandmother. Her name was Navajbai Tata, at the age of 10, years old Ratan Tata was separated from his parents.His father name was Naval Tata. Their grandmother played a significant role in his life to be the most achievable and valuable person of the country.

  2. Academic Credentials: Ratan Tata completed his education in architecture from Cornell University which followed by the management program at Harvard Business School. They learnt the skills from their college and were successful in their life.

Career with Tata Group

  1. Entry into Tata Group: Ratan Tata entered in their business at the age of 14, in 1961. He started at the grassroots level or bottom level. He started his first role working on the shop floor of TATA Steel in Jamshedpur. It is providing him with invaluable hands-on experience.

  2. Chairmanship: The Chairman of the TATA group became Ratan Tata at the age of 44 in 1991. They have joined and handled the TATA group  and grew the industry from Root level to sky. During his leadership, the conglomerate underwent a significant transformation expanding its global footprints and expanding into its many sectors and industries.

  3. Global Acquisitions: The globalisation of the TATA products is trustable and brands are connected with the business strategy that led to landmark acquisitions which includes Tetley (UK), Jaguar Land Rover (UK) and the Corus (UK). These are the brands which have a good reputation in the international market.

  4. Telecom Innovations: the ratan tata recognized the telecom industry and launched their services named as TATA Teleservices. They analysed the segment of the industry of the people and growing their industry, in 1996.

Milestones in Automotive and Beyond

  1. Tata Indica: Tata Motors launched their new car for the middle-class people. They set their target audience to middle-class people. The name of the car was TATA Indica in 1998. This was the first indigenously designed passenger car which revolutionized the automobiles industry landscape in India.

  2. VSNL Acquisition: In 2002, the TATA analyzed the sector of telecom industry and acquired the VSNL (Videsh Sanchar Nagar Limited) and grew their telecommunication sector and became a successful man in the world.

  3. Tata Nano: The TATA analysed the lower middle-class section for their new products. They analysed the lower middle -class person of their new product which is TATA Nano and it is only @1 lakh rupees which is easily bought by customers. This engineering marvel aimed to make car ownership accessible to many Indian families, in 2008

  4. Starbucks Partnership: Tata expands its beverages coffee market and formed a partnership with the Starbucks, which is liked by everyone, in 2012.

Philanthropy and Awards

  1. Philanthropic Endeavours: Ratan Tata was a very kind hearted person in his life. They donated the largest amount from his profit to the charity trust which is focused on education, healthcare and rural development. Approx 65% profit they gave to the charity for their development of poor children’s. The Tata impacted significantly countless lives across India.

  2. Retirement and Continued Influence: In December 2012, the chairman of the TATA group RATAN TATA was retired from their TATA Sons. But now he was the motivation and the inspiration of the TATA industry. They sacrifice their whole life to the TATA industry.

  3. Awards and Recognition: The TATA earned the awards from their whole life are Padma Bhushan in 2000, and the Padma Vibhushan in 2008. These are the two highest civilian awards for the honourable in their life. His contribution to business and the society earned him numerous accolades.

Ratan TATA can become the world’s richest man but they never want that tag in front of their name. Ratan Tata is the legend who donated some profit to their rural development, charity trust to the social welfare. He passed away at the age of 86, October 9, 2024 at Mumbai’s Breach Candy Hospital. His remarkable journey is motivating and inspiring to all Indians.  



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