Success story of Ratan Tata, India’s coolest business tycoon

Ratan Naval Tata is one of the most influential business magnets in India who is an inspiration to the young generation. He is an industrialist, philanthropist, and former chairman of Tata Sons. Ratan was the chairman of Tata Group from 1990 to 2012 as well as he again took charge as an interim chairman from October 2016 through February 2017.  He is the recipient of two Indian highest awards in India; there are Padma Vibhushan (2008) and Padma Bhusan (2000). He is known for his business ethics and philanthropy.

He is a scion of the Tata family, great-grandson of Jamshedji Tata, and the founder of Tata Group. Ratan has joined the Tata Group in 1961 and apparent successor. During his 21 years in Tata’s Group revenues grew over 40 times, and profit over 50 times. Ratan was born in 1937. Actually, Ratan is not a descendant of the Tata family. He was adopted from an orphanage by his grandmother Navajbai Tata. His father and mother both were separated in 1948 when Ratan Tata was just ten years and his younger brother Jimmy was seven. Both were looked after and raised by the grandmother. Also, Ratan has a step-brother too. He is the first son of the Tata family. Ratan Tata studied in Mumbai and Shimla, in Cathedral and John Connon School and Bishop Cotton School respectively. He completed his graduation from Riverdale Country School in 1955 as well as he also completed a B. Arch degree in architecture from Cornell University.

Ratan N. Tata returned to India and turned down an occupation at IBM on JRD Tata’s recommendation and joined the Tata Group in 1962. He was selected as the Director of National Radio and Electronics in 1971. Ratan Tata has worked in various organizations in India and abroad. He is a member of the Prime Minister’s Council on Trade and Industry as well as he is also a member of the International Investment of Council. Ratan Tatas was a successful bid for Corus, an Anglo-Dutch steel and aluminium producer, which was acquired for an estimated 6.7 billion by Tata Sons. Ratan Tata retired on 28 December 2012 from Tata Group.