Sir Ratan TATA Biography : Get all details here

You must have noticed this one name, Ratan Tata, again and again flourishing on Youtube Shorts. Although maximum people know him, but for those who don’t know, he is a Legendary Indian Business Tycoon. 

This More than 60 years veteran Industrialist has a 28 year old founder Shantanu Naidu. Read the complete article and know more about this one of the most amazing Indian Personality. 

Biography of Ratan Tata 

• An Indian industrialist who was the former chairman of the Tata Group (1990–2012), as well as a visionary and philanthropist. 
• He has served as chairman of every significant business, including Tata Steel, Tata Motors, Tata Power, Tata Consultancy Services, Tata Tea, Tata Chemicals, Indian Hotels, and Tata Teleservices. 

Personal Details of Ratan Tata

• Real Name - Ratan Naval Tata
• Date of Birth - 28 December 1937
• Age - 86 (In 2023)
• Birth Place - Surat, Gujarat
• Zodiac Sign - Libra
• Home Town - Mumbai
• Nationality - Indian
• Religion - Parsi
• Profession - Retired Chairman of Tata Group
• Awards - Padma Bhushan, Padma Vibhushan
• Marital Status - Not married

Why is Ratan Tata so famous?

• Ratan Tata is a very quiet and reserved individual who leads a very ordinary life away from the spotlight of society. He is also a bit bashful at times.
• With the support of many years of struggle, his vision, and his own initiative, he was able to turn the loss-making Tata group companies into useful enterprises.
• This particular individual, although being quite wealthy, has long resided in Mumbai's Colaba region in a bachelor flat filled with books and pets. 
• This demonstrates his nature and how unique and unmatched his personality is. Because of his charity work, he has won numerous accolades during his life.

Ratan Tata Life Story

The Family and Early Years of Ratan Tata

On December 28, 1937, in the Gujarati city of Surat, Ratan Tata was born. 

• Father - Naval Tata (Naval Hormusji Tata was a well-known former employee of the Tata Group and Sir Ratanji Tata's adopted son.)
• Mother - Sunu Tata 
• Sibling - Jimmy Naval Tata, Noel Tata (Half-Brother)

His parents got divorced when he was just Ten years old. Following that, their grandma Navajbai Tata raised the two brothers.

Although she was incredibly sweet, his grandma was also very severe. He played cricket and studied the piano when he was younger.

Ratan Tata's Education

• Ratan Tata attended Mumbai's Campion School for his early education up till the eighth grade.
• Bishop Cotton School in Shimla and Cathedral and John Connon Schools in Mumbai are where he completed his intermediate and high school studies.
• He earned his graduate degree from Riverdale Country School in New York City in 1955.
• Education - B.S. Degree Advanced Management Program in Structural Engineering & Architecture

Ratan Tata's Career

• His time spent in America, from 1955 to 1962, had a significant impact on him. He chose to stay in Los Angeles since he was so taken by the West Coast and California way of life while he was in the country.
• After some time, his grandmother Nawajbai's health began to decline, forcing him to abandon his dream of emigrating to America and instead move to India.
• It was IBM's job when he returned to India, but JRD Tata was dissatisfied with this and in 1962 made the offer for Ratan Tata to work for the Tata Group's business. 
• As a result, Ratan Tata joined the Tata Group. He started out working on the Tata Steel shop floor before transitioning to the bigger Tata Group.

Ratan Tata Journey

The journey of Ratan Tata is given below from his initial days as an employee to becoming a veteran industrialist. 

Ratan Tata's Story of Success

• He was appointed director of the National Radio and Electronics Company in 1971. At the time, the company was losing money, and its market share was only 2%, a 40% decline. However, Ratan Tata turned the company around, increasing its profitability and market share to 20%.
• However, the emergency declared by Indira Gandhi's administration cost the company money, and Tata was forced to deal with a union strike that ultimately resulted in the collapse of Nelco.
• After some time, Ratan Tata was given the duty of overseeing an empire of textile factories called Empress Mills. There were losses at this Tata Group company as well. 
• After that, Ratan Tata made numerous attempts to manage it, but for some reason, he needed fifty million rupees to improve the firm's state yet he was unable to obtain it, and in the end, this company was shut down, which made Ratan Tata very unhappy.
• A few years later, JRD Tata saw his vision and named him as the Tata Group's heir. He succeeded his uncle, JRD Tata, in 1991 while still residing in the Tata Group.
• With the acquisition of Tata Industries, Tata Consultancy Services launched a public offering and placed Tata Motors on the New York Stock Exchange.
• The Tata Indica, the first passenger car made in India, was introduced in 1998 by Tata Motors.
• Ratan Tata intended for the Tata Group to expand quickly. This insight allowed them to purchase the Tetley Tea Company in London in 2000, and then the South Korean truck manufacturer Daewoo Motors in 2004.
• Three years later, in 2007, the Tata Group purchased the Dutch steel manufacturer Anglo-Bought. The Tata firm rose to become the fifth-largest steel producer in the world under Ratan Tata's leadership.

Ratan Tata Dream of a “Nano Car”

• Ratan Tata had a desire that his nation would offer the most affordable and practical vehicle on the market for the people of India, and his wish came true. 
• The "Nano Car," which cost Rs 1 lakh, or roughly INR 1-2 Lakhs in Delhi, was introduced by Tata Motors in 2008 at the Auto Expo in New Delhi.

Retirement of Ratan Tata

• Ratan Tata oversaw the Tata Company for 21 years. Ratan Tata led the Tata group to a 40% gain in market share and a 50% increase in profitability.
• At the age of 75, Ratan Tata retired from the Tata Group on December 28, 2012. 
  

Who Owns Tata After Ratan Tata?

Cyrus Mistry, the 44-year-old son of Pallonji Mistry of the Shapoorji Pallonji Group and the person selected to lead the Tata Group, came after him.

• Cyrus Mistry was let go from the company in 2016 for an unspecified cause.
• In the years 2016 and 2017, Ratan Tata once more assumed control of the Tata Group's management. Natarajan Chandrasekaran was given the responsibility of the Tata Group in 2017 and continues to do so.

Ratan Tata’s Net Worth in 2023

One billion dollars, or around 7416 crore rupees in Indian currency, is Mr. Ratan Tata's net worth. The sum of Mr. Ratan Tata's net worth includes a sizable sum of money from numerous sources.

Ratan Tata Achievements & Awards

The third and second highest civilian honors granted by the Indian government, the Padma Bhushan and Padma Vibhushan, respectively, were given to Ratan Tata in 2000 and 2008.

Other than this, he has many awards like:

• 2001 - Honorary Doctor of Business Administration The Ohio State University
• 2005 - International Distinguished Achievement Award by Brith International
• 2008 - Honorary Citizen Award Government of Singapore
• 2010 - Oslo Business for Peace award Business for Peace Foundation
• 2010 - Business for Peace Award Business for Peace Foundation
• 2010 - Business Leader of the Year Asian Awards.
• 2012 - Grand Cordon of the Order of the Rising Sun Government of Japan
• 2013 - Transformational Leader of the Decade Indian Affairs India Leadership Conclave 2013
• 2013 - Honorary Doctor of Business Practice Karengi Mellon University
• 2014 - Honorary Doctor of Business Singapore Management University
• 2015 - Sayaji Ratna Award Baroda Management Association, Honorary Cause, HEC Paris
• 2016 - Commander of the Legion of Honor French Government

Ratan Tata Love Story

When Rata Tata was young and employed by a Los Angeles architecture business, he purportedly met a woman. Tata had romantic ideas about marrying the woman after falling in love with her. Ratan Tata had to return to India, however, to take care of his grandmother, who had been ailing for some time.

Ratan Tata Social Media Channels

• Instagram - @ratantata
• Twitter - @RNTata2000
• Email ID - rntata@tata.com
  

Ratan Tata Library

The address of Ratan Tata Library is:

M6M5+W9H, Delhi School of Economics, University of Delhi, Sudhir Bose Marg, New Delhi, Delhi 110007

Ratan Tata and Shantanu Naidu Relationship

• Shantanu Naidu (1993 Born) is the general manager of Ratan Tata's company as well as his personal assistant. 
• In 2015, Shantanu founded Motopaws (A Company that Manufactures Neon Collars for Dogs), in Pune. This firm was funded by Ratan Tata. 
• As Tata appreciated the love of Naidu for Dogs, their journey together started as professional as well as personal friends.

Interesting Fact About Ratan Tata

• With 100 firms, the Tata Group ranks as the fifth-largest company in the world. Tata sells everything, including tea, steel, needles, nanocars, and airplanes. They also sell needles and steel.
• Ratan Tata loves animals and has donated his 400 crore Mumbai mansion to care for pet dogs. He also enjoys flying and holds a license. 
• Ratan Tata devoted his 21 years to the Tata Group and led the business to success throughout that time. 50 times increased the company's value. 
• Tata provided medical care for all those hurt at the Taj Hotel during the terrorist attack on Mumbai's Taj Hotel on November 26, 2008 (the 26th).
• After the terrorist assault on September 11, Tata provided assistance to everyone who had lost their local small businesses and the people working in The Taj also got their monthly salaries from Tata Company.

Ratan Tata's 7 Best Inspiring Thoughts

Some of the most famous quotes by this legendary philanthropist are:

“I don't believe in taking the right decisions. I make decisions and then prove them right.”

“If you want to walk fast, walk alone. But if you want to walk far, walk together.”

“Power and money are not my two main principles.”

“The day I can't fly, it will be a sad day for me.”

“One cannot destroy iron, but its own rust can! Similarly one cannot destroy a human being, but its own mindset can.”

Conclusion

Collecting every aspect of Ratan Tata, who is a gem as a person, in just one article is just not possible at all. Still, we have tried our best to do so.
If you find this article useful, bookmark us and get more detailed information about similar inspirational people in future