Among the Most Famous and Honored industrialists in India, Ratan Naval Tata is the Chairman of Tata Sons and Tata Group. In age 73, Tata heads among the nation’s biggest conglomerates which contain almost 100 companies with earnings totaled about USD 67 billion.
He’s also the chairman of leading Tata companies like Tata Steel, Tata Motors, TataTata Teleservices. Electricity, Tata Consultancy Services, Tata Tea, Tata Chemicals, The Indian Hotels Company
Tata was created on December 28, 1937 in Mumbai, in one of the richest families. As a young boy, Tata had a disturbed childhood after his parents split.
He had been raised by his grandmother, Lady Navajbai at the lap of luxury at Tata Palace. America held a special fascination for the Tata scion and then he went to Cornell University to study architecture and structural engineering. Later he pursued a management class from Harvard University.
In 1962he joined the Tata Group and also his very first job entailed working together with the Tata Steel branch in Jamshedpur, where he worked together with all the Allied employees shoveling rock and working together with the furnaces. He had been appointed the Director-in-Charge of the National Radio & Electronics Company Limited (Nelco) in 1971 and has been effective in turning Nelco around.
In year 2000, he was honored with Padma Bhushan from the authorities of India. He was also conferred an honorary doctorate in business management by Ohio State University, an honorary doctorate in engineering from the Asian Institute of Technology, Bangkok, along with an honorary doctorate in mathematics from the University of Warwick. Tata has a private fortune of GBP 300 million and possesses less than 1 percent of this colossal group. More than two thirds of Tata Group is owned by charitable hopes that fund great causes.
His also steered strategy to supply cheap and clean drinking water and assisted several Pune-based designers create a sub-Rs 1,000 water heater, Swach. Design Directions Private Limited required over three years to create this 560-mm device for purifying water. A mentor in actual life, Tata enjoys solitude and shuns media spotlight.
He’s just CDs, dogs and books for business. The business baron pushes himself to work within an abysmal Tata sedan.Standing tall with his contemporaries with a shocking fortune and entire recognition, Ratan Tata has incredibly never featured in the’Forbes billionaires list’.