Ratan Tata Biography
Ratan Tata, an Indian industrialist, was born on December 28, 1937, in Bombay (now Mumbai). He hails from the prestigious Tata family, known for its philanthropy and business acumen. Ratan Tata served as the Chairman of Tata Sons, the holding company of the Tata Group, from 1991 until 2012. Under his leadership, the Tata Group expanded globally, acquiring notable companies like Jaguar Land Rover and Corus Steel. Tata is renowned for his ethical leadership and initiatives in social welfare, including the creation of the Tata Nano, the world’s cheapest car. His contributions earned him numerous accolades and a revered status in India’s business landscape.
General Information About Famous Indian industrialists, ex- Chairman Ratan Tata
| Detail | Information |
|---|---|
| Full Name | Ratan Tata |
| Nickname | N/A |
| Profession | Industrialist |
| Date of Birth | December 28, 1937 |
| Current age | 86 years, 11 months, 24 days |
| Wife | Not Married |
| Nationality | Indian |
Exploring RatanTata Personal Journey
| Detail | Information |
|---|---|
| Name | Ratan Tata |
| Birth Name | Ratan Naval Tata |
| Nickname | Not Available |
| Height | in centimeters– 177 cm in meters– 1.77 m in feet & inches– 5’ 10 |
| Figure | Not Available |
| Weight | |
| Eye Color | Light Brown |
| Hair Color | Gray |
| Date of Birth | 1937-12-28 |
| Religion | Zoroastrianism |
| Present Address | Bombay, Bombay Presidency, British India |
| Hometown | Mumbai, India |
Ratan Tata Education
| Detail | Information |
|---|---|
| School | Campion School, Mumbai |
| College/University | Cathedral and John Connon School, Mumbai |
| Degree | Bachelor of Architecture |
Ratan Tata Favorite
| Detail | Information |
|---|---|
| Food | N/A |
| Actor/Actress | N/A |
| Musicians | N/A |
| Song | N/A |
| Book | N/A |
| Hobbies | Flying, Collecting Cars, Philanthropy |
| Films | N/A |
| Colour | N/A |
| Perfume | N/A |
| Director | N/A |
| Holiday Destinations | N/A |
| Likes | N/A |
Ratan Tata Relationship Journey
| Affair | Not Known |
Ratan Tata Career Journey
| Category | Details |
|---|---|
| Managerial Position in 1970s | Turned around National Radio and Electronics (NELCO) but saw it collapse during economic slowdown |
| Chairmanship | Became chairman of Tata Sons in 1991, succeeded J. R. D. Tata. Faced initial resistance from subsidiary heads |
| Consolidation Policies | Implemented retirement age, direct reporting to group office, profit contribution for brand building |
| Innovation & Talent | Prioritized innovation, delegated responsibilities to younger talent |
| Globalization Efforts | Streamlined operations, exited unrelated businesses, pursued globalization |
| Revenue & Profit Growth | Under his leadership, revenues grew over 40 times and profit over 50 times |
| Major Acquisitions | Tata Tea acquired Tetley, Tata Motors acquired Jaguar Land Rover, Tata Steel acquired Corus |
| Tata Nano | Conceptualized and developed Tata Nano car for affordable pricing for Indian consumers |
| Electric Vehicles | Tata Motors rolled out Tigor Electric Vehicles, described as advancing India’s electric dream |
| Resignation | Resigned executive powers on 28 December 2012 at age 75 |
| Succession Crisis | Leadership crisis over Cyrus Mistry’s succession, interim chairmanship, Natarajan Chandrasekaran appointed |
| Investments | Invested in Snapdeal, Teabox, CashKaro.com, Ola Cabs, Xiaomi, Nestaway, Dogspot, and Goodfellows |
| Philanthropy | Supporter of education, medicine, rural development; major donations to various institutions |
| Board Memberships | Served on boards of Alcoa Inc., Mondelez International, East–West Center, and various educational institutions |
Ratan Tata Career Statistics
| Year | Award | Awarding Organization |
|---|---|---|
| 2001 | Honorary Doctor of Business Administration | Ohio State University |
| 2004 | Medal of the Oriental Republic of Uruguay | Government of Uruguay |
| 2004 | Honorary Doctor of Technology | Asian Institute of Technology |
| 2005 | International Distinguished Achievement Award | B’nai B’rith International |
| 2005 | Honorary Doctor of Science | University of Warwick |
| 2006 | Honorary Doctor of Science | Indian Institute of Technology Madras |
| 2006 | Responsible Capitalism Award | FIRST (For Inspiration and Recognition of Science and Technology) |
| 2007 | Honorary Fellowship | The London School of Economics and Political Science |
| 2007 | Carnegie Medal of Philanthropy | Carnegie Endowment for International Peace |
| 2008 | Honorary Doctor of Law | University of Cambridge |
| 2008 | Honorary Doctor of Science | Indian Institute of Technology Bombay |
| 2008 | Honorary Doctor of Science | Indian Institute of Technology Kharagpur |
| 2008 | Honorary Citizen Award | Government of Singapore |
| 2008 | Honorary Fellowship | The Institution of Engineering and Technology |
| 2008 | Inspired Leadership Award | The Performance Theatre |
| 2009 | Honorary Knight Commander of the Order of the British Empire (KBE) | Queen Elizabeth II |
| 2009 | Life Time Contribution Award in Engineering | Indian National Academy of Engineering |
| 2009 | Grand Officer of the Order of Merit of the Italian Republic | Government of Italy |
| 2010 | Honorary Doctor of Law | University of Cambridge |
| 2010 | Hadrian Award | World Monuments Fund |
| 2010 | Oslo Business for Peace Award | Business for Peace Foundation |
| 2010 | Legend in Leadership Award | Yale University |
| 2010 | Honorary Doctor of Laws | Pepperdine University |
| 2010 | Business for Peace Award | Business for Peace Foundation |
| 2010 | Business Leader of the Year | The Asian Awards |
| 2012 | Honorary Fellow | The Royal Academy of Engineering |
| 2012 | Doctor of Business honoris causa | University of New South Wales |
| 2012 | Grand Cordon of the Order of the Rising Sun | Government of Japan |
| 2012 | Lifetime Achievement Award | Rockefeller Foundation |
| 2013 | Foreign Associate | National Academy of Engineering |
| 2013 | Transformational Leader of the Decade | Indian Affairs India Leadership Conclave |
| 2013 | Ernst and Young Entrepreneur of the Year – Lifetime Achievement | Ernst & Young |
| 2013 | Honorary Doctor of Business Practice | Carnegie Mellon University |
| 2014 | Honorary Doctor of Business | Singapore Management University |
| 2014 | Sayaji Ratna Award | Baroda Management Association |
| 2014 | Honorary Knight Grand Cross of the Order of the British Empire (GBE) | Queen Elizabeth II |
| 2014 | Honorary Doctor of Laws | York University, Canada |
| 2015 | Honorary Doctor of Automotive Engineering | Clemson University |
| 2015 | Sayaji Ratna Award | Baroda Management Association |
| 2015 | Honoris Causa | HEC Paris |
| 2016 | Commander of the Legion of Honour | Government of France |
| 2018 | Honorary Doctorate | Swansea University |
| 2022 | Honorary Doctorate of Literature | HSNC University |
| 2023 | Honorary Officer of the Order of Australia (AO) | King Charles III |
| 2023 | Maharashtra Udyog Ratna | Government of Maharashtra |
Ratan Tata Income
| Net Worth | ₹3,800 crore |
