Ratan Tata

Ratan Tata
Tata in 2005
Born
Ratan Naval Tata

(1937-12-28) 28 December 1937 (age 86)
Alma materCornell University (BArch)
Occupation(s)Industrialist, Philanthropist
TitleChairman Emeritus, Tata Sons and Tata Group[1]
Term
  • 1991–2012
  • 2016–2017
PredecessorJ. R. D. Tata
Successor
Parent
RelativesTata family
Awards

Ratan Naval Tata (born 28 December 1937) is an Indian industrialist, philanthropist and former chairman of Tata Sons. He was a chairman of the Tata Group from 1990 to 2012, and interim chairman from October 2016 through February 2017. He continues to head its charitable trusts.[2][3] In 2008, he received the Padma Vibhushan, the second highest civilian honour in India, after receiving the Padma Bhushan, the third highest civilian honour in 2000.[4]

He is the son of Naval Tata, who was adopted by Ratanji Tata, son of Jamsetji Tata, the founder of the Tata Group. He graduated from the Cornell University College of Architecture with a bachelor's degree in architecture.[5] He joined Tata in 1961, where he worked on the shop floor of Tata Steel. He later succeeded J. R. D. Tata as chairman of Tata Sons upon the latter's retirement in 1991. Under his tenure the Tata Group acquired Tetley, Jaguar Land Rover, and Corus, in an attempt to turn Tata from a largely India-centric group into a global business. Tata is also one of the largest philanthropists in the world, having donated around 60–65% of his income to charity.

Ratan Tata is also a prolific investor and has made numerous investments in several startups. Tata has invested in over 30 start-ups to date, most in a personal capacity and some via his investment company.[6][7]

  1. ^ Tata.com. "Tata Sons Board replaces Mr. Ratan Tata as Chairman, Selection Committee set up for new Chairman via @tatacompanies". Archived from the original on 24 October 2016. Retrieved 24 October 2016.
  2. ^ "Ratan Tata is chairman emeritus of Tata Sons". The Times of India. Archived from the original on 11 February 2016. Retrieved 11 January 2016.
  3. ^ Masani, Zareer (5 February 2015). "What makes the Tata empire tick?n;". The Independent (UK). Archived from the original on 1 June 2016. Retrieved 30 April 2016.
  4. ^ Cite error: The named reference List of Fellows was invoked but never defined (see the help page).
  5. ^ "Leadership Team | Tata group". Tata.com. 28 December 2012. Archived from the original on 1 May 2020. Retrieved 10 January 2022.
  6. ^ "Ratan Tata turns 84: A list of 10 start-ups funded by the industrialist". Business Today. 28 December 2021. Retrieved 17 August 2023.
  7. ^ "Ratan Tata invests in companionship startup Goodfellows: Why he invested, the business model and other details". The Times of India. 17 August 2022. ISSN 0971-8257. Retrieved 17 August 2023.

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