The complete story of Ratan Tata, who took Tata Group to great heights.
Under the brilliant leadership of Ratan Tata, the revenue of the Tata Group increased more than 40 times. The profit of the group also increased more than 50 times. For Ratan Tata, work meant worship. He used to say that work will be better only when you respect it. The most special thing about Ratan Tata was to remain calm and cheerful. Ratan Tata says that if you want to be successful in any work, then even if you start that work alone, but to take it to heights, the support of people is very important.
Former Tata Group Chairman Ratan Tata
It was the year 1998 when Tata Motors launched its first passenger car Indica in the market, but for a year people did not like it and its sales were also not much. Overall, this car was sold, then some people advised Ratan Tata to sell the car division. He followed the advice of the people and contacted many car companies. One of them was the famous American company of that time, Ford. Ford officials came to Tata's headquarters Bombay House and after initial talks, Ratan Tata was invited to Ford's headquarters. I was called to Detroit, America along with Chairman Ratan Tata. I also went there. We talked for about three hours but his attitude towards us was insulting. During the long conversation, Ford's Chairman Bill Ford said that when you did not know anything about passenger cars, then why did you start the car business? We will do you a favor by buying it. After this incident, Ratan Tata decided to return to New York from Detroit, America, the same evening. Ratan Tata looked sad during the flight of about one and a half hours. Time changed and 9 years after this incident, i.e. in 2008, Ford was on the verge of bankruptcy. Then Tata decided to buy Ford's luxury brand Jaguar. Ford officials came to Tata's headquarters Bombay House. The deal was completed for 2.3 billion dollars, about 9300 crores rupees at that time and about 19000 crores rupees today. Then Ford's chairman Bill Ford said that you are doing us a great favor by buying JLR. Actually, Ford was incurring losses due to Jaguar. Tata took it to profit in just a few years. Praveen Cardle, who was part of Ratan Tata's team, narrated this while attending a program 10 years ago.
Yes, there are many stories related to Ratan Tata which tell that Ratan Tata is not just a Ratan in his name but he is a true Ratan of the business world. Ratan Tata has a big contribution in taking the Tata Group to great heights.
Whenever we talk about a company that makes everything from needle to Aeroplane. If this happens, the name of Tata Group is taken. From morning to night, you will definitely find Tata products in every part of your life, whether it is the salt used in the kitchen, the morning tea to start the day, or Tata Insurance. After JRD Tata, the person who works the hardest is Ratan Tata. Ratan Tata is a very generous person. Ratan Tata is not only a successful businessman but also a happy person. His social service works are also discussed a lot.
Ratan Tata Biography
Ratan Tata was born on 28 December 1937 in Mumbai. Born in the house of Naval Tata and Soni Tata, Ratan Tata was raised by his grandmother. Ratan Tata studied till eighth standard from Campan School, Mumbai. Then he went to Cathedral and John Conan School in Mumbai. After this, Ratan Tata studied from Bishop Cotton School in Shimla and graduated from River Dale Country School, New York in 1955. After this, in 1959, he obtained a degree in architecture and structural engineering from the Cornell University of America. After returning to India in 1962, he joined the Tata Group. Ratan Tata, who returned after studying abroad, had family members who were the owners of the Tata Group. Even though Ratan Tata was a member of the Tata family, he still used to do all the work of the company himself. He also did the casting work in the limestone furnaces in the plan with the laborers. Ratan Tata wanted to learn the nuances of the company's work, so he did every work that was happening in that factory. Due to his behavior and work, he became popular among the workers and officers. The year 1991 was very important for Ratan Tata. He was given an important responsibility as the chairman of Tata Sons and Tata Group. The Tata Group progressed a lot under the leadership of Ratan Tata. He successfully led the company for 21 years and helped the company reach great heights. Under the leadership of Ratan Tata, the Tata Group has acquired many companies. Under his leadership, the Tata Group acquired more than 36 companies. This acquisition includes big companies like Corus Steel, Jaeger and Land Rover. The result of his hard work is that the business of Tata Group has spread to more than 100 countries.
Apart from business, by what name was Ratan Tata known?
Apart from business, Ratan Tata is also known for his philanthropic work. Ratan Tata donated about Rs 233 crore to Cornell University in America, which helped poor Indian students. Along with this, Harvard Business School donated Rs 416 crore to help the students. Apart from this, he donated an amount of Rs 95 crore in 2014 to promote research at IIT Bombay. Along with this, he spends a lot of money every year in philanthropic work.
Some interesting stories about Ratan Tata
Let us also know some interesting stories about Ratan Tata. Ratan Tata is unmarried. The special thing is that he was close to getting married four times in his life, but due to different reasons he did not marry. He also once admitted that when he was working in Los Angeles, America, there came a time when he fell in love but after the 1962 Indo-China war, the girl's parents were against sending her to India. After which he did not marry. Tata loves flying. He is a skilled pilot. Ratan Tata was the first Indian to fly an F16 Falcon in 2007. Since the days of Jamsetji Tata, there has been a tradition of letting stray dogs inside the headquarters of Tata Sons, Bombay House, during rains. Bombay House now has a home for stray dogs as well. He also keeps donating to many NGOs and animal shelters. Ratan Tata wanted the middle class people of India to have their own car. So he launched the lakhtakaiya car Nano. Nano was launched but it failed .
Under the brilliant leadership of Ratan Tata, the revenue of the Tata Group increased more than 40 times. The profit of the group also increased more than 50 times. For Ratan Tata, work meant worship. He used to say that work will be better only when you respect it. The most special thing about Ratan Tata was to remain calm and cheerful. Ratan Tata says that if you want to be successful in any work, then even if you start that work alone, but to take it to heights, the support of people is very important.
You must have seen a boy with Ratan Tata often. His pictures with Ratan Tata keep going viral. His name is Shantan Naidu and he is Ratan Tata's manager. Now many people know Shantanu Naidu, they treat him like their son. Shantanu looks after Ratan Tata's business as well as his investments.
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