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Ratan Tata Biography : Tata Group Chairman

Famous for : Being a wealthy billionaire Indian businessman and chairman of the
Tata Group, one of the largest conglomerate companies in India.
Tata details : Born - 28th of December, 1937 Mumbai, India / Lives India

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Biography - Information

Ratan Tata became the Chairman of the Tata Group in 1981 after serving as Chairman in
charge of the Nelco division of the group. Tata is India's largest conglomerate and includes the
brands Tata Motors, Tata Steel, Tata Power, Indian Hotels, as well as other brands labeled
under the Tata name.

Ratan Tata was born on December 28, 1937 in Mumbai, India in one of the richest families in
the country. His great grandfather, Jamsedji Tata, was the founder of the Tata group and
passed the power and inheritance down to his family. Ratan Tata grew up in a broken
household, however, after his parents split in the mid-1940s and he and his brother were raised
by their grandmother, Lady Navajbai.

Tata was a good student and studied hard at the Campion School in Mumbai followed by
studies in architecture and structural engineering at Cornell University. He graduated with his
bachelors degree in 1962 and joined the Tata Group in December of that same year. Tata's first
job with the Group involved working with the Tata Steel division where he worked with the blue-
collar employees shoveling stone and working with the furnaces.

Although this original job was physically difficult, it helped Ratan Tata gain a better
understanding and appreciation for the business and he gradually began taking on more
responsibility. In 1971, Tata became Director-in-Charge of the National Radio & Electronics
Company Limited (Nelco) in order to help its struggling finances. Ratan Tata helped build a
better consumer electronics division but the economic recession and union strikes prevented
his vision from taking hold.

Tata was eventually moved to Empress Mills in 1977, a struggling textile mill within the Tata
Group. Ratan Tata renewed the vision for the mill but the larger Tata Group was not in
agreement with his advice. Instead, the mill was shut down and liquidated in 1986, to Tata's
disappointment, and he was moved to the Tata Industries, another holding company.

With Tata Industries, Ratan Tata was able to transform the management and vision of the
division and bring in significantly larger dividends. This renewed financial success helped bring
the Tata Group to the New York Stock Exchange and gave the company even more
international power and prestige. Ratan Tata continued to acquire different industries for the
Tata Group, eventually purchasing the steel an aluminum producer, Corus Group as well as
Jaguar and Land Rover brands from the Ford Company.

Ratan Tata lives a very private life in Mumbai, India.

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Ratan Tata Quotes

One hundred years from now, I expect the Tatas to be much bigger than it is now. More
importantly, I hope the Group comes to be regarded as being the best in India.. best in the
manner in which we operate, best in the products we deliver, and best in our value systems
and ethics. Having said that, I hope that a hundred years from now we will spread our wings
far beyond India.
Ratan Tata - India - Best - Products - Ethics - Growth - Inspirational

I am proud of my country. But we need to unite to make a unified India, free of communalism
and casteism. We need to build India into a land of equal opportunity for all. We can be a truly
great nation if we set our sights high and deliver to the people the fruits of continued growth,
prosperity and equal opportunity.
Ratan Tata - India - Growth - Proud - Opportunity - Great - Wealth