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RatanTata – A Business Legend
Ratan Tata was born on December 28, 1937 in Mumbai. He did his
schooling in Mumbai at the Campion School and the Bishop Cotton School
in Shimla and finished his secondary education at the Cathedral and John
He completed his B.S. in architecture with structural engineering from
Cornell University in 1962.
He started his career in the Tata group in
He initially worked on the shop floor of Tata
Steel, shovelling limestone and handling the
Ratan Tata has also served in various organizations in India and abroad.
He is the chairman of two of the largest private-sector-promoted
philanthropic trusts in India.
He is a member of the Indian Prime Minister’s Council on Trade and
Industry. He is the president of the Court of the Indian Institute of Science and
chairman of the Council of Management of the Tata Institute of Fundamental
He also serves on the board of trustees of Cornell
University and the University of Southern California.
Mr Tata serves on the board of directors of Alcoa, and is also on the
international advisory boards of Mitsubishi Corporation, JP Morgan
Chase, Rolls-Royce, Temasek Holdings and the Monetary Authority of
He also serves on the program board of the Bill & Melinda Gates
Foundation's India AIDS initiative.
He completed the Advanced Management Program at Harvard Business
School in 1975.
In 1981, Ratan was named director of Tata Industries, the Group's other
Nothing worthwhile is ever achieved without deep
thought and hardwork.
Good human relations not only bring great personal
rewards but are essential to the success of any enterprise.
No success is worthwhile unless it serves the needs or
interests of the country and its people and is achieved by fair
and honest means.
Principles of Tata:-
o In 1991, Tata was appointed as the chairman of the Tata group. He
was also chairman of the major Tata companies, including
• Tata Motors.
• Tata Steel.
• Tata Consultancy Services.
• Tata Power.
• Tata Global Beverages.
• Tata Chemicals.
• Indian Hotels
• Tata Teleservices.
o During his tenure, the group’s revenues grew manifold, totalling
over $100 billion in 2011-12.
Ratan Tata as chairman of the Tata group:-
Under his stewardship,
Tata Tea acquired Tetley.
Tata motors acquired Jaguar Land Rover .
Tata Steel acquired Corus which have turned Tata from a largely India-
centric company into a global business, with 65% revenues coming from
RatanTata is the Major reason for
the development of the
Tata Indica (2008)
On 28th December 2012, Ratan Tata retired from the Tata
group. It also happened to be his 75th birthday.
He received the Padma Bhushan in 2000
Padma Vibhushan in 2008
Lifetime Achievement in 2012
Award awarded by Rockefeller Foundation.
Awards and Achievements:-
2004 - Honorary Degree of Doctor of Technology by Asian Institute of
2005 - Honorary Doctor of Science by University of Warwick.
2006 - FIRST Magazine Award for Responsible Capitalism.
2006 - Awarded the 26th Robert S. Hatfield Fellow in
Economic Education by Cornell University.
2007 - Carnegie Medal of Philanthropy by Carnegie Endowment for
2008 - Honorary Doctor of Science by Indian Institute of Technology Kharagpur.
2008 - Honorary Doctor of Law by University of Cambridge.
2008 - Recipient of the 'Global Indian Award' at the NASSCOM Global
Leadership Awards .
2009 - Ratan Tata was knighted as a Knight Commander of the Order of the
2010 - Business Leader of the Year by The Asian Awards.
2010 - Honorary Doctor of Laws by Pepperdine University.
2010 - Legend in Leadership Award by Yale University.
2012 - Honorary Degree by The University of New South Wales.