Ratan Tata, born 28th Dec, 1937. He had been adopted from the family of a distant relative by Navajbai Tata after the death of her husband, Ratanji Tata. He holds a Bachelors degree in Architecture from the Cornell University, USA, and has pursued and Advanced Management Program from the Harvard Business School, USA.
He started his career in the year 1960 in the Tata Group. He worked as a general worker in the Tata Steel. J.R.D Tata resigned from his chairmanship of Tata Group and made Rata Tata as his successor in 1991. Ratan had to face criticism since people believed that he's not experienced enough to handle a business of the scale that of like the Tata Industries. After ten years of his entry into the Tata Industries, he was appointed the Chairman of the Tata Group. After Ratan's appointment, The Tata Group reached absolutely new heights which had never been experienced by this group earlier. Under his direction, the company went through several different entrepreneurial ventures.
He is currently the chairman Emeritus of Tata Sons. He continues to serve as the chairman of the main two Tata trusts Sir Dorabji Tata Trust and Sir Ratan Tata Trust and their allied Trusts, which together hold 66% of shares in the group holding company Tata Sons.
TATA GROUPThe Tata Group of Companies is the leading conglomerate company of India. The company has over 90 operating companies in seven business sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals. The group operates in over 80 countries. The Tata Group has over 395,000 employees working worldwide.
The brand name 'Tata' has been respected in the country for about 140 years. Their Market Capitalization is of about $99.78 billion and has a shareholder base of 3.5 million.
Ratan Tata has served in various capacities in organisations in India and abroad. He is a member of the Prime Minister's Council on Trade and Industry and the National Manufacturing Competitiveness Council. He is on the jury panel of Pritzker Architecture Prize – considered to be one of the world's premier architecture prizes.
Ratan Tata is a director on the boards of Alcoa Inc., Mondelez International and Board of Governors of the East-West Center. He is also a member of the Board of Trustees of University of Southern California, Harvard Business School Board of Dean's Advisors, X Prize and Cornell University.
AWARDS
2015 Honoris Causa, HEC Paris
2015 Honorary Doctor of Automotive Engineering, Clemson University
2014 Honorary Doctor of Laws, York University, Canada
2014 Honorary Knight Grand Cross of The Order of the British Empire, United Kingdom
2014 Sayaji Ratna Award, Baroda Management Association