biography of tata ratan

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Sir Ratan Tata

Jamsetji Tata's younger son was a philanthropist all his life, sensitive to the struggles of ordinary people. His desire to utilise his considerable wealth to enhance the quality of public life manifested in the creation of a trust fund, which is, today, the second largest of the Tata Trusts

759 words     |     3-minute read

Sir Ratan Tata, the younger son of Jamsetji Tata, was a connoisseur of art and a notable philanthropist. His legacy of support to the poor and oppressed lives on in the activities of the Sir Ratan Tata Trust.

Ratan Tata was the second son of Jamsetji Tata, the founder of the House of Tata. Born on January 20, 1871, he was 12 years younger then his brother, Sir Dorab Tata. Ratanji, as he was generally known, was educated at St Xavier's College in Bombay.

Sir Ratan joined the firm of Tata & Sons as a partner in 1896. After the death of his father in 1904, he looked after the affairs of the L’ Union Fire Insurance Co of Paris, of which Tata & Sons were the agents in India. He was also in charge of the trading firm Tata & Co, which had branches in Kobe, Shanghai, Paris, New York and Rangoon, and traded in cotton, yarn, silk, pearls and rice.

A Warrior for Justice

Sir Ratan assisted elder brother Dorabji in the running of the various Tata businesses, but his real interests lay in social and philanthropic causes. He realised the importance of Mahatma Gandhi’s struggle against racism in South Africa and supported it both morally and materially, contributing Rs125,000 in all to the cause. Overwhelmed by the magnanimity of this backing, Gandhi wrote, “That India has been roused is evident from the generous gift of Mr Ratanji Jamsetji Tata… He will probably be followed by other Indians. Parsis are known the world over for their generous gifts. Mr Tata has been true to that spirit of generosity.”

Sir Ratan was a personal friend of Gopal Krishna Gokhale, the great Indian social reformer and freedom fighter. Impressed with the work of Gokhale’s Servants of India Society, Sir Ratan donated an amount of Rs10,000 annually for a period of 10 years to support its welfare work for the weaker sections of the society.

Unparalleled Generosity

Though born and brought up in luxury, Sir Ratan was concerned about the widespread poverty and destitution in India and sought ways to ameliorate them. It was to find lasting solutions to these problems that he made an offer of contributing £1,400 annually to the University of London for instituting a chair at the London School of Economics (LSE). The Sir Ratan Tata Foundation at LSE is now a permanent institution. In 1912, Sir Ratan also extended financial help for setting up the department of social sciences at LSE. The new department was known as the Ratan Tata Department of Social Sciences until 1919, when the school assumed responsibility for it.

Sir Ratan was fascinated by India’s past. He funded the first archaeological excavation at Pataliputra, under the supervision of AB Spooner, between 1913 and 1917, which resulted in the discovery of the 100-column Mauryan throne room in the legendary King Ashoka's palace. He was also a great connoisseur of art. During his tours within India and abroad Sir Ratan collected a treasure trove of paintings, armaments, silverware, manuscripts, carpets and more, which he bequeathed to the Prince of Wales Museum, Bombay.

Sir Ratan was a generous man by all accounts. Any cause that appealed to him received a substantial donation. He gave liberally for the relief of distress caused by natural calamities like floods, famines and earthquakes, and for public memorials, schools and hospitals. He gave a donation of Rs10,000 per annum for a period of ten years to the King George V Anti-Tuberculosis League, started by the Bombay Municipality and Rs1 lakh to the Salvation Army for a memorial to General Booth, its founder in India.

In 1892, Sir Ratan married Navajbai Sett. Around 1912, he made plans for the construction of a palatial house on Waudby Road in Bombay. Tata House was ready in 1915, but Sir Ratan could live there only for a few months before he sailed for England for medical treatment, never to return. Sir Ratan was knighted in 1916 for his services to humanity. He died on September 5, 1918 at St Ives in Cornwall, England. He was buried at Brookwood Cemetery near London by the side of his father.

Sir Ratan had willed a large part of his property for charitable purposes. The Sir Ratan Tata Trust was established in 1919 with a corpus of Rs8 million; today it exists as one of India’s oldest and most respected grant-bestowing foundations.

Sir Ratan Tata Trust & Allied Trusts

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• “Who is Ratan Tata?” Nikkei, September 4, 2014
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• R. M. Lala, “Challenges and Opportunities of Economic Liberalization:The Tata Group,” in Medha M. Kudaisya, ed., The Oxford Indian Anthology of Business History. Oxford University Press, 2011
• Jayati Sarkard, “Business Groups in India, “ in Aslı Colpan, Takashi Hikino, and James R. Lincoln, eds., The Oxford Handbook of Business Groups. Oxford University Press, 2010
• Dwijendra Tripathi, The Oxford History of Indian Business. Oxford University Press, 2004
• Simon Mundy and Victor Mallet, "Tata boss: ‘I needed to stop the bleeding’," Financial Times , February 19, 2018.
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• Video file of this interview available at Baker Library Historical Collections, histcollref+hbs.edu . Harvard ID holders can access the full-length video above.

Interview Citation Format

"Interview with Ratan Naval Tata, interviewed by Tarun Khanna, April 27, 2015, Creating Emerging Markets Project, Baker Library Historical Collections, Harvard Business School, http://www.hbs.edu/creating-emerging-markets/."

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Ratan Tata Biography: Birth, Age, Education, Family, Successor, Net Worth, Awards, Lessons, and More

On the occasion of ratan tata's 85th birthday, let us take a look at the life of one of the most renowned business tycoons in india. .

Ratan Tata Biography

Ratan tata: birth, age, family, and education.

Born on 28 December 1937 in Bombay, British India (present-day Mumbai), Ratan Tata is the son of Naval Tata and Sooni Commissariat. They got separated when Ratan Tata was 10 years old. He was then formally adopted by his grandmother Navajbai Tata through the J. N. Petit Parsi Orphanage. Ratan Tata was raised with his half-brother Noel Tata (son of Naval Tata and Simone Tata). 

The 84-year-old attended Campion School, Mumbai, Cathedral and John Connon School, Mumbai, Bishop Cotton School, Shimla, and Riverdale Country School in New York City. He is an alumnus of Cornell University and Harvard Business School.

Ratan Tata as Chairperson of Tata Sons

When JRD Tata stepped down as the chairperson of Tata Sons in 1991, he named Ratan Tata his successor. He faced stiff resistance from many companies heads who spent decades in their respective companies. Tata began replacing them by setting a retirement age. He further made it compulsory for each company to report to the group office. Under his leadership, the overlapping companies of Tata Sons were streamlined into a synergized whole. 

During his 21 years of stewardship, revenues grew over 40 times, and profit over 50 times. He got Tata Tea to acquire Tetley, Tata Motors to acquire Jaguar Land Rover, and Tata Steel to acquire Corus, turning the organization from a largely India-centric group into a global business. 

He also conceptualized the Tata Nano car. The car was capped at a price that was within the reach of the average Indian consumer. 

Upon turning 75, Ratan Tata stepped down as the Chairperson of Tata Sons on 28 December 2012. Cyrus Mistry was named his successor, however, the Board of Directors and Legal division voted for his removal on 24 October 2016 and Ratan Tata was then made the group's interim chairman.

A selection committee comprising Ratan Tata, TVS Group head Venu Srinivasan, Amit Chandra of Bain Capital, former diplomat Ronen Sen, and Lord Kumar Bhattacharya was formed to find the successor of Ratan Tata. The committee named  Natarajan Chandrasekaran as the Chairperson of Tata Sons on 12 January 2017.

Philanthropic Work of Ratan Tata

Being a supporter of education, medicine, and rural development, Ratan Tata supported the University of New South Wales Faculty of Engineering to provide improved water for challenged areas.

Tata Education and Development Trust endowed a $28  million Tata Scholarship Fund that will allow Cornell University to provide financial aid to undergraduate students from India. The annual scholarship will support approximately 20 students at a given time. 

Tata Group companies and Tata charities donated $50 million in 2010 to Harvard Business School (HBS) for the construction of an executive center.

Tata Consultancy Services (TCS) donated $35 million to Carnegie Mellon University (CMU) for a facility to research cognitive systems and autonomous vehicles. It is the largest ever donation by a company and the 48,000 square-foot building is called TCS Hall.

Tata Group donated Rs. 950 million to the Indian Institute of Technology, Bombay in 2014 and formed Tata Center for Technology and Design (TCTD). It was the largest ever donation received in the history of the institute. 

Tata Trusts also provided a grant of ₹750 million to the Centre for Neuroscience, the Indian Institute of Science, to study mechanisms underlying the cause of Alzheimer's disease and to evolve methods for its early diagnosis and treatment.

Ratan Tata Wife

"I came close to getting married four times and each time I backed off in fear or for one reason or another," said Ratan Tata in 2011. 

Awards 

Ratan tata family tree.

1- Jamshedji Nusserwanji Tata- Founder of Tata Group, India's biggest conglomerate company. He was married to Hirabai Daboo. 

2- Dorabji Tata- The elder son of Jamshedji Tata and second chairperson of the Tata Group. His wife was Meherbai Tata, the paternal aunt of renowned nuclear scientist Homi J. Bhabha.

3- Ratanji Tata- Younger son of Jamshedji Tata. He was the pioneer of poverty studies. He was married to Navajbai Tata. His wife adopted an orphan, Naval, who was the grand-nephew of Hirabai Tata, and raised him as her own son.

4- Naval Tata- Adopted son of Navajbai Tata. His biological father was Hormusji Tata. His maternal grandmother was the sister of Hirabai Tata. Director in several Tata companies, ILO member, and recipient of Padma Bhushan, Naval Tata had three sons-- Ratan Tata (5th chairperson of Tata Group), Jimmy Tata, and Noel Tata (Chairperson of Trent Limited)-- from two marriages.

5-Ratanji Dadabhoy Tata- He was one of the early stalwarts who served the Tata Group. His father Dadabhoy and his mother Jamshedji Tata, Jeevanbai, were siblings. He married Suzanne Brière and the couple gave birth to five children, including J.R.D. Tata and Sylla Tata.

6- J.R.D. Tata- He served as the fourth Chairperson of the Tata Group. He is the founder of Tata Airlines (later Air India).

7- Sylla Tata- Elder sister of J.R.D. Tata was married to the founder of the first textile mill in India, Dinshaw Maneckji Petit. Her sister-in-law  Rattanbai Petit, was married to Muhammad Ali Jinnah, the founder of Pakistan. Jinnah's only child, Dina Jinnah, was married to Neville Ness Wadia. 

Famous Quotes By Ratan Tata

1- “I don’t believe in taking the right decisions. I take decisions and then make them right.”

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

3- “I’ve often felt that the Indian Tiger has not been unleashed.”

4- “People still believe what they read is necessarily the truth.”

5-  “If it stands the test of public scrutiny, do it… If it doesn’t stand the test of public scrutiny then don’t do it.”

6- “Power and wealth are not two of my main stakes.”

7- “I have been constantly telling people to encourage people, to question the unquestioned, and not to be ashamed to bring up new ideas, new processes to get things done.”

8- “None can destroy iron, but its own rust can! Likewise, none can destroy a person, but its own mindset can!”

9- “Businesses need to go beyond the interest of their companies to the communities they serve.”

10- “Ups and downs in life are very important to keep us going because a straight line even in an ECG means we are not alive.”

11- “Apart from values and ethics which I have tried to live by, the legacy I would like to leave behind is a very simple one – that I have always stood up for what I consider to be the right thing, and I have tried to be as fair and equitable as I could be.”

12- “I admire people who are very successful. But if that success has been achieved through too much ruthlessness, then I may admire that person, but I can’t respect him.”

13- “There are many things that, if I have to relive, maybe I will do it another way. But I would not like to look back and think what I have not been able to.”

14- “Don’t be serious, enjoy life as it comes.”

15- “I have always been very confident and very upbeat about the future potential of India. I think it is a great country with great potential.”

16- “One hundred years from now, I expect the Tatas to be much bigger than it is now. More importantly, I hope the Group comes to be regarded as being the best in India.. best in the manner in which we operate, best in the products we deliver, and our best in our value systems and ethics. Having said that, I hope that a hundred years from now we will spread our wings far beyond India.”

17- “Take the stones people to throw at you, and use them to build a monument”

18- “I followed someone who had very large shoes. He had very large shoes. Mr. J. R. D. Tata. He was a legend in the Indian business community. He had been at the helm of the Tata organization for 50 years. You were almost starting to think he was going to be there forever.”

19- “Young entrepreneurs will make a difference in the Indian ecosystem.”

20- “I would say that one of the things I wish I could do differently would be to be more outgoing.”

21- “The strong live and the weak die. There is some bloodshed, and out of it emerges a much leaner industry, which tends to survive.”

22- “At Tatas, we believe that if we are not among the top three in an industry, we should look seriously at what it would take to become one of the top three players.. or think about exiting the industry”

Get here current GK and GK quiz questions in English and Hindi for India , World, Sports and Competitive exam preparation. Download the Jagran Josh Current Affairs App .

• Who is the wife of Ratan Tata? + Ratan Tata is unmarried. He once loved a girl in Los Angeles while working there and had to return to India as his family member was ill. The girl's parents didn't allow her to go to India. Tata stood by his commitment and is unmarried to date.
• Is Ratan Tata adopted? + Ratan Tata is the son of Naval Tata and Sooni Commissariat. When his parents were separated, he was formally adopted by his grandmother and widow of Sir Ratanji Tata-- Navajbai Tata-- through the J. N. Petit Parsi Orphanage.
• Is Ratan Tata married? + No, Ratan Tata is not married. "I came close to getting married four times and each time I backed off in fear or for one reason or another," said Ratan Tata in 2011.
• Who is Ratan Tata? + Ratan Tata is Chairman Emeritus, Tata Sons and Tata Group. He is also known for his philanthropic work.
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About the author  (2023)

Dr. Thomas Mathew (https://thomasmathew.com) is a retired career bureaucrat belonging to the 1983 batch of the Indian Administrative Service. With a passion for writing, he has several publications to his credit, including four books – In Search of Congruence: India-US Relations under the Obama Administration (edited and contributed to its lead chapter), The Winged Wonders of Rashtrapati Bhavan, and Abode Under the Dome. He regularly writes opinion pieces for leading dailies. Dr. Mathew holds a PhD degree from Jawaharlal Nehru University, New Delhi, and is a Bachelor of Law from Delhi University. He has worked in key roles in the Ministries of Finance, Defense and Industry, among others. He subsequently served as Additional Secretary to President of India Pranab Mukherjee. Dr. Mathew met Ratan Tata in a professional capacity about three decades ago. They continued their interactions due to their shared interests. In 2018, Dr. Mathew began work on the biography of Ratan Tata. Now retired, he serves on the board of several companies and is consulted on corporate matters. He lives in Gurugram, pursuing his passion of writing, nature conservation and photography.

Bibliographic information

Ratan Tata Wiki, Age, Wife, Children, Family, Biography & More

Ratan Tata is an Indian industrialist and philanthropist, who was the chairman of Tata Group and its subsidiaries. Ratan Tata received Padma Bhushan in 2000 and Padma Vibhushan in 2008. Tata Motors, under his leadership, produced India’s first indigenous car, Tata Indica, in 1998 and India’s cheapest car, Tata Nano, in 2008.

Wiki/Biography

Ratan Naval Tata was born on Tuesday, 28 December 1937 ( age 86 years; as of 2023 ) in Bombay, Bombay Presidency, British India (now Mumbai, Maharashtra, India). His zodiac sign is Capricorn. Ratan Tata completed his schooling at Campion School in Mumbai, Bishop Cotton School in Shimla, and The Cathedral and John Connon School in Mumbai. Later, he went to the United States of America, where he enrolled at Cornell University in New York. There, he earned a bachelor’s degree in science in architecture in 1962.

Ratan Tata (right) during his college days

After completing his graduation, he worked at Jones & Emmons in Los Angeles for a short while. He completed his Advanced Management Program at Harvard Business School in Massachusetts, the US, in 1975. [1] Tata Group

A photo of Ratan Tata taken during his young days

Physical Appearance

Height (approx.): 5′ 9″

Hair Colour:  Salt and Pepper

Eye Colour:  Dark Brown

Ratan Tata with Prime Minister Narendra Modi

Ratan Tata was born into a Gujarati business-class Parsi family in Mumbai. [2] The Guardian

Parents & Siblings

His father, Naval Hormusji Tata , was a businessman, who served as the director as well as the deputy chairman of Tata Sons. He passed away on 5 May 1989 in Mumbai due to cancer. Naval Tata was adopted from an orphanage by Ratanji Tata’s wife Navajbai after his father and mother passed away.

Naval Tata with son Ratan Naval Tata

His mother’s name is Sooni Commissariat (deceased). Ratan’s parents got divorced in 1948 when he was only ten years old. After their parents’ divorce, Ratan and Jimmy were raised by their grandmother Navajbai Tata .

Ratan Tata with his grandmother

While talking about his parents getting separated, Ratan said that he and his brother got bullied and faced a difficult time because of it. Talking about it, he said,

I had a happy childhood, but as my brother and I got older, we faced a fair bit of ragging and personal discomfort because of our parents’ divorce, which in those days wasn’t as common as it is today. But my grandmother brought us up in every way.” A photo of Sooni Commissariat

His brother, Jimmy Tata , owns a share in the Tata Group. His half-brother, Noel Tata , is the chairman of Trent and Tata Investment Corporation, the managing director of Tata International, and the vice chairman of Titan Company and Tata Steel.

A photo of Ratan Tata (left) with Jimmy Tata taken in 1945

A photo of Noel Tata

Wife & Children

Ratan Tata never got married. According to Ratan, he backed out of marriage on four occasions.

Other Relatives

His paternal great-grandfather, Jamsetji Nusserwanji Tata , was an Indian industrialist and the founder of the Tata Group.

A photo of Jamsetji Tata

His paternal grandfather, Ratanji Jamsetji Tata , was a philanthropist, businessman, and financier. He passed away in 1919 following which Sir Ratan Tata Trust (SRTT) was established.

A photo of Sir Ratan Ji Tata

His paternal grandfather’s elder brother, Dorabji Tata , was a businessman, who played a key role in the development of the Tata Group.

A photo of Dorabji Tata

His stepmother, Simone Tata , is a businesswoman who co-founded Lakmé.

Simone Tata’s photo

Family Tree

The family tree of Tatas

Click here to know more about the Tata family.

Ratan Tata follows Zoroastrianism. [3] The Guardian

Relationships/Affairs

In an interview, Ratan talked about his past affair and said that while pursuing a bachelor of architecture in the US, he met a woman in Los Angeles with whom he fell in love. However, after completing graduation, Ratan had to move back to India to care for his ailing grandmother, who was on her deathbed. He proposed to the girl to get married to him and move to India; however, the girl’s family did not agree to her moving to India as the situation in India was volatile back then due to India’s defeat in the 1962 Sino-Indian War. Eventually, their relationship broke and they got separated. Talking about it, Ratan said,

Well, you know one was probably the most serious was when I was working in the US and the only reason we didn’t get married was that I came back to India and she was to follow me and that was the year of the, if you like, the Indo-Chinese conflict and in true American fashion this conflict in the Himalayas, in the snowy, uninhabited part of the Himalayas was seen in the United States as a major war between India and China and so, she didn’t come and finally got married in the US thereafter.”

Ratan Tata follows Zoroastrianism. [4] The Guardian

Ratan Tata resides at WR7F+C8G, Colaba Causeway, Azad Nagar, Colaba, Mumbai, Maharashtra-400005.

Signature/Autograph

Signature of Ratan Tata

In 1962, Ratan returned to India from the United States of America, where he began working at the Tata Steel plant in Jamshedpur as a blast furnace manager and limestone shoveller.

Ratan Tata (rightmost) at the steel plant at Jamshedpur

Later, he worked at Tata Iron and Steel Company (Tisco), now known as Tata Steel. He went to Australia as a resident representative of the Tata Group in 1969. In 1970, he came back to India and joined Tata Consultancy Services (TCS). Thereafter, he worked in the Tata Engineering and Locomotive Company, now known as Tata Motors, as an assistant. In 1971, Ratan became the director-in-charge of National Radio & Electronics Company Ltd, which was renamed NELCO in 1999. After joining NELCO, Ratan made numerous amends in the working policies that led to a rise in the profits earned by NELCO between 1972-1975. However, the company began incurring losses in 1975 after Prime Minister Indira Gandhi imposed a nationwide emergency. In 1980, NELCO was locked down for seven months by Ratan after the workers union, which was affiliated with Shiv Sena, created a ruckus in the factory by attacking the senior officials. While giving an interview, Ratan talked about it and said,

For three years from 1972 to 1975 Nelco made a profit and wiped out some of its past losses, then in 1975, the Emergency came and consumer goods demand just disappeared, not just for Nelco, but for everybody. This was followed by an industrial relations problem since 1977. So, while demand improved, there was no production. Finally we confronted the unions and, following a strike, we imposed a lockout for seven months. Now that the lockout has been lifted we hope to improve production by 50 per cent over the past year …”

Ratan was sent as a director to Empress Mill in 1977 to help the mill cut its losses; however, the mill was later shut down after the senior executives rejected Ratan’s policies that would have helped the mill generate profit. From 1986 to 1989, Ratan served as the chairman of Air India. In 1991, at a time when India was undergoing economic liberalisation, Ratan Tata succeeded Jehangir Ratanji Dadabhoy Tata as the chairman of the Tata Group. His appointment was questioned by many senior officials working in different subsidiaries owned by Tata Group as they earlier worked with independence, whereas, after Ratan’s appointment, their freedom got curtailed as the officials were now required to report to him.

A photo of Ratan Tata taken with J. R. D. Tata

Under his leadership, Tata Motors produced India’s first indigenous car Tata Indica in 1998. While talking about it, he said,

Everyone told us it couldn’t be done without having a joint venture or a partnership with an international company. That if I did this, I will be linked to failure. But went ahead anyway. There were technical issues and many lessons we learned. It was a wonderful experience to be breaking new ground. The chances to give up were many. We stayed the course, worked out each issue, and that was the birth of India’s first indigenous car- Tata Indica.”

To maintain its significance in the “newly opened markets” in India, Tata acquired numerous companies including Tetley in February 2000, Daewoo Commercial Vehicle in March 2004, The Ritz-Carlton: Luxury Hotels and Resorts in November 2006, and Jaguar Cars and Land Rover in March 2008. Ratan Tata ventured into the aerospace and defence sector and established Tata Advanced Systems Limited (TASL) in 2007. The industry has worked in close coordination with the Defence Research and Development Organisation (DRDO) in producing Kestrel, also known as the IPMV (Infantry Protected Mobility Vehicle), Tata LSV, Tata Mine Protected Vehicle, and a drone named ALS-50.

An image of Tata Kestrel taken during DefExpo

In 2008, Tata Motors, a subsidiary of Tata Group, launched India’s most affordable car Tata Nano; however, due to many reasons, the production of the vehicle was discontinued in 2018.

A photo of Ratan Tata taken during the launch of Tata Nano

In 2011, he implemented a policy according to which the retirement age of a non-executive director was reduced from 75 years to 70 years. By 2012, the company’s revenues grew over 40 times and profits over 50 times. Ratan stepped down as the chairman of Tata Group on 28 December 2012 following which Cyrus Mistry was appointed as the company’s chairman.

Ratan Tata with Cyrus Mistry

Ratan was made the interim chairman of Tata Group after Cyrus was removed from the company; he served as the interim chairman till Natarajan Chandrasekaran’s appointment as the chairman on 12 January 2017. Ratan has invested in several companies including Ola, Lenskart, FirstCry, CarDekho, Paytm, Snapdeal, and Urban Company. Ratan Tata has served on the jury panel of the Pritzker Architecture Prize, the board of trustees of Cornell University, a board of governors of the East-West Center, and a member of the board of the International Advisory Council at Bocconi University.

Social Activism

In 2010, under Ratan Tata’s leadership, the Tata Group donated $50 million to the Harvard Business School (HBS) for the construction of Tata Hall for undertaking several mid-career Executive Education programs. To promote the provisioning of fresh water to the backward areas in Australia, Tata donated huge sums of money to develop capacitive deionization at the University of New South Wales Faculty of Engineering in 2019. Ratan has worked with governments of various countries and Indian states in the field of providing education, employment, clean energy, and more. Ratan Tata donates more than 65% of the profits earned by the Tata Group to charitable causes.

Controversies

Involvement in tata tapes.

In 1997, the then Chief Minister of Assam Prafulla Mahanta accused the Tata Group of aiding the banned militant outfit United Liberation Front of Asom (ULFA). In the same year, the Indian Express’ journalist Ritu Sarin published an article which contained excerpts from a telephonic conversation between industrialists Keshub Mahindra and Ratan Tata, Rajya Sabha member Jayant Malhoutra, and Field Marshal Sam Manekshaw ; the conversation was regarding the issues faced by Tata Tea with the Assam government. According to the article, Tata Tea wanted the Indian government to help resolve the conflict between Tata Tea and the Assam government. The article further stated that Ratan Tata was aware of the location of Brojen Gogoi, a senior manager in the Community Development and Social Welfare wing of Tata Tea, who was under the Assam police’s scanner for working with the banned militant outfit United Liberation Front of Asom (ULFA). Tata Tea was also accused of providing medical attention to the ULFA’s culture secretary Pranati Deka, who was arrested at the Mumbai airport along with two other accomplices. However, Paresh Barua, the commander of ULFA, dismissed the claim of Tata Tea giving special medical aid to Pranati and said that Pranati was getting medical treatment under Tata Tea’s medical program, which aimed at giving medical treatment to locals of Assam. The article further claimed that after Tata Tea officials came to know of the arrest warrant issued by Interpol, Ratan Tata went to New Delhi on 13 September 1997 to inform Chief Minister Prafulla Mahanta that Gogoi was in Chicago, attending a course at Harvard. Later, Mahanta, in a press conference, said that he had asked Ratan to ensure that Gogoi returned to India in two weeks. After arriving in India, Gogoi got admitted to Woodland’s Nursing Home in Calcutta, where he surrendered to the Assam Police on 24 September 1997.

Tata Nano controversy

In early 2006, Ratan Tata announced that Tata Motors would be producing India’s smallest and cheapest car in Singur, West Bengal. Following the announcement, the then-West Bengal government led by Buddhadeb Bhattacharjee acquired approximately 997 acres of multi-crop farmland under the Land Acquisition Act, 1894. In May 2006, farmers began protesting against the state government for forcibly acquiring their land. The anger amongst the locals brewed further after Tata failed to keep its promise of giving employment to 15,000 people who had lost their lands during the construction of the car factory in Singur. As per the reports, Tata could employ only a thousand people. The protests intensified further after TMC supremo Mamata Banerjee joined the locals in their protests and staged a hunger strike in July 2006. On 3 September 2008, Tata announced that it had suspended work in Singur to look for land, where the manufacturing of Nano could continue peacefully. On 3 October 2008, Tata Motors announced its exit from West Bengal after acquiring land in Sanand, Gujarat. [5] The New Indian Express [6] Business Standard

Radia Tapes

In November 2010, Ratan Tata’s conversation with Niira Radia , a corporate lobbyist, was leaked to the media, which released the transcripts of the conversation to the public. In 2011, Ratan filed a petition in the Supreme Court, seeking the court to not allow the media to release more of the tapes to the public as it infringed upon his right to privacy. The Supreme Court, in 2017, gave its judgement unanimously in the favour of Ratan Tata, stating that privacy is a constitutional right. [7] NDTV [8] Business Today

Awards, Honours, Achievements

A photo of Ratan Tata taken when he was receiving the Padma Bhushan

• Honorary Doctor of Business Administration from Ohio State University
• Medal of the Oriental Republic of Uruguay from the Government of Uruguay
• Honorary Doctor of Technology from the Asian Institute of Technology
• International Distinguished Achievement Award from the B’nai B’rith International
• Honorary Doctor of Science from the University of Warwick
• Honorary Doctor of Science from the Indian Institute of Technology Madras

Ratan Tata receiving his Responsible Capitalism Award

• Maharashtra Bhushan from the Government of Maharashtra
• Honorary Fellowship from The London School of Economics and Political Science
• Carnegie Medal of Philanthropy from the Carnegie Endowment for International Peace

Ratan Tata receiving the Leadership Business Award

A picture of Ratan Tata receiving the Padma Vibhushan

• Honorary Doctor of Law from the University of Cambridge
• Honorary Doctor of Science from the Indian Institute of Technology Bombay
• Honorary Doctor of Science from the Indian Institute of Technology Kharagpur
• Honorary Citizen Award from the Government of Singapore
• Honorary Fellowship from The Institution of Engineering and Technology
• Inspired Leadership Award from The Performance Theatre
• Honorary Knight Commander of the Order of the British Empire (KBE) by Queen Elizabeth II
• Life Time Contribution Award in Engineering for 2008 from the Indian National Academy of Engineering
• Grand Officer of the Order of Merit of the Italian Republic from the Government of Italy
• Hadrian Award from the World Monuments Fund
• Oslo Business for Peace Award from Business for Peace Foundation
• Legend in Leadership Award from Yale University
• Honorary Doctor of Laws from Pepperdine University
• Business for Peace Award from the Business for Peace Foundation
• Business Leader of the Year from The Asian Awards
• Honorary Fellow from The Royal Academy of Engineering
• Doctor of Business honoris causa from the University of New South Wales
• Grand Cordon of the Order of the Rising Sun from the Government of Japan
• Lifetime Achievement Award from the Rockefeller Foundation
• Foreign Associate from the National Academy of Engineering
• Transformational Leader of the Decade at the Indian Affairs India Leadership Conclave
• Ernst and Young Entrepreneur of the Year – Lifetime Achievement Ernst & Young

A photo of Ratan Tata taken during the ceremony at Carnegie Mellon University

• Honorary Doctor of Business from the Singapore Management University
• Sayaji Ratna Award from the Baroda Management Association

Ratan Tata receiving the Knight Grand Cross Order of the British Empire (GBE)

Ratan Tata’s photo taken during the ceremony at York University

• Honorary Doctor of Automotive Engineering from the Clemson University

A photo of Ratan Tata receiving the Sayaji Ratna Award

• Commander of the Legion of Honour from the Government of France
• Honorary Doctorate from the Swansea University
• Assam Baibhav, the highest civilian award in the state of Assam, for contributing to cancer care in the state

A photo of Ratan Tata receiving the D.Litt degree at HSNC University

•  ‘Sewa Ratna’ from the RSS-affiliated Sewa Bharti in October

Australian gazette announcing the bestowing of Honorary Officer of the Order of Australia (AO) on Ratan Tata

Australia’s High Commissioner to India Barry O’Farrell conferred Order of Australia (AO) honour to Ratan Tata in April 2023

Ratan Tata while receiving the Udyog Ratna award at his residence in Mumbai

Ratan Tata receving the PV Narasimha Rao Memorial Award for philanthropy work in 2024

Car Collection

• Ferrari California
• Honda Civic
• Mercedes-Benz SL 500
• Land Rover Freelander

A photo of Ratan Tata standing next to his Tata Indigo Marina

• Mercedes-Benz W124
• Mercedes-Benz S Class
• Cadillac XLR
• Chrysler Sebring

Salary/Income

For the fiscal year 2011-2012, Ratan Tata received approximately Rs. 68.4 lakhs + a sitting fee of Rs. 2.4 lakhs and a commission of Rs. 66 lakhs by Tata Power. [9] The Economic Times

In 2021, Ratan Tata’s net worth was estimated to be Rs. 3,500 crores. According to the IIFL Wealth Hurun India Rich List, Ratan Tata was ranked as the 421st richest person in India. [10] The Times of India

• Food: Masoor Dal cooked with lots of garlic, Mutton Pulao Dal, and Nut-rich baked custard
• Holiday Destination:  California
• Colour: White

Facts/Trivia

• Ratan Tata’s forefathers were Parsi priests. His family came into the limelight in 1868 after Jamsetji Tata established a textile mill in Gujarat. In the mill, the workers received perks such as pensions and accidental covers, comparable to modern standards.
• While studying in the US, Ratan used to work at restaurants, where he washed dishes to make ends meet.

I wanted to learn to play the violin, my father insisted on the piano. I wanted to go to college in the US, he insisted on the UK. I wanted to be an architect, he insisted on me becoming an engineer. If it weren’t for my grandmother, I wouldn’t have ended up at Cornell University in the US.”

Ratan Tata in the cockpit of the F-16

• Ratan Tata neither consumes alcohol nor smokes. [11] The Guardian
• Since Ratan is a qualified architect, he designed his as well as his mother’s beach-facing houses in Mumbai.
• Despite serving as the chairman of Tata Group, Ratan has purchased less than 1% of the company’s shares.
• In an interview, Ratan revealed that he has a fear of speaking in public.
• Ratan was offered a job at IBM; however, he rejected the offer to work in his family business.

A photo of Ratan Tata with his pet German Shepherd Tito

• Ratan Tata owns many houses including a house worth Rs. 150 crores in Colaba, Mumbai and the Ratan Tata Officers Holiday Home (RTOHH) in Ooty, Tamil Nadu.
• Ratan Tata follows a non-vegetarian diet. [12] The Telegraph

References [+] [−]

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Ratan Tata Age, Wife, Children, Family, Biography & More

Some lesser known facts about ratan tata.

• Ratan Tata is a name to reckon with in the annals of Tata Group’s business. Although he is one of the most influential businessmen in India, he is best known for his simplicity and loneliness, and the words used most often to describe Ratan Tata are ‘shy’ and ‘loner.’
• During his 21 years of tenure as the Chairman of Tata Group (1991-2012), revenues grew over 40 times, and profit, over 50 times.

A Textile Mill opened by Jamsetji Tata in the late 19th century

• Although the Tatas had built up a formidable business by 1971, the family was running out of heirs.

Ratan Tata (R) with his father Naval (L) and Half Brother Noel (Centre)

• Ratan is, in fact, a Tata by birth; as his biological maternal grandmother was the sister of Hirabai Tata, wife of group founder Jamsetji Tata. Moreover, his biological grandfather, Hormusji Tata, also belonged to the broader Tata Family.
• Unlike the Ratan Tata’s present-day lifestyle of an ordinary person, he spent his childhood in luxury; as he grew up at Tata Palace, a white Baroque revival-style building in the centre of Mumbai; attended by a crew of 50 servants. Reportedly, Ratan was driven to school in a Rolls-Royce.

I owe a great deal to my grandmother who brought up my brother and me. She instilled in us what she considered to be proper, And I think that has had a very profound influence on me and my value systems.” Lady Navajbai Tata

A rare photo of Ratan Tata when he travelled to America in his youth

Well, you know one was probably the most serious was when I was working in the US and the only reason we didn’t get married was that I came back to India and she was to follow me and that was the year of the, if you like, the Indo-Chinese conflict and in true American fashion this conflict in the Himalayas, in the snowy, uninhabited part of the Himalayas was seen in the United States as a major war between India and China and so, she didn’t come and finally got married in the US thereafter.” [10] The Economic Times jQuery('#footnote_plugin_tooltip_32413_1_10').tooltip({ tip: '#footnote_plugin_tooltip_text_32413_1_10', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });

Ratan Tata with JRD Tata on the shop floor of TELCO (now, TATA Motors)

• His pragmatic business skills led him to become the Chairman of Tata Group in March 1991; when JRD Tata stepped down as chairman of Tata Sons, naming Ratan his successor.
• Under his stewardship, Tata Group became an international conglomerate, and he got Tata Tea to acquire Tetley, Tata Motors to acquire Jaguar Land Rover, and Tata Steel to acquire Corus.

Everyone told us it couldn’t be done without having a joint venture or a partnership with an international company. That if I did this, I will be linked to failure. But went ahead anyway. There were technical issues and many lessons we learned. It was a wonderful experience to be breaking new ground. The chances to give up were many. We stayed the course, worked out each issue, and that was the birth of India’s first indigenous car- Tata Indica.” Ratan Tata at the Launch of Tata Indica

One may feel that 65 is too young or 70 is too young or that 75 is too young. Whatever it may be, you don’t need a person to say, look, I think you should leave. So that has been very much behind the thinking of setting a retirement age. There was no retirement age in Tata. I could’ve just as well have stayed up and stayed on.”

Ratan Tata spending quality time with his pet dogs

• He is a trained pilot and on 8 February 2007, he became the first Indian to fly F-16.

• Although he is a professional architect, he has designed only two houses- his mother’s, and his own beach-house off the Arabian sea.
• When it comes to his closest friends, he gives two names- Amar Bose who made billions from audio equipment, and conductor Zubin Mehta (a fellow Mumbai Parsee) who lives in the United States.
• What makes Ratan Tata outstanding is his social conscience. He prefers fairness over money, and he owns less than 1% of the Tata group.

References/Sources: [ + ]

The Man Behind The Authorised Biography Of Ratan Tata

• Muskan Khandelwal
• Published on 19 Jan 2022, 5:00 pm IST
• 4 minutes read
• Ratan Tata’s authorised biography, which is all set to get published in November this year, is penned by retired IAS officer of 1983 batch, Dr Thomas Mathew
• Dr Thomas Mathew was the Additional Secretary to Former President of India, Late Pranab Mukherjee
• The comprehensive biography will include Ratan Tata’s childhood, his professional and private lives, college years, his return to India and early tenure with the Tata Group
• Share this article

• Former IAS Thomas Mathew with Business Tycoon Ratan Tata

WHO IS DR THOMAS MATHEW?

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ABOUT THE BOOK

• Dr Thomas Mathew
• Former IAS Officer
• Harper Collins
• IAS association
• IAS Officer
• Ratan N. Tata: Authorised Biography
• Ratan Tata Biography

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Ratan Tata Biography

Ratan Tata, the ex-Chairman of the Tata Group of Companies, is a prominent Indian industrialist known for his leadership and philanthropy. With his extensive experience in the family business and his visionary approach, he transformed Tata into a global brand. Under his guidance, the organization achieved remarkable success and expanded its overseas revenues. Additionally, Ratan Tata has played significant roles in various organizations and is recognized as a leading philanthropist. Even after retirement, he continues to be a guiding force for his conglomerate, inspiring with his pioneering ideas and positive outlook.

Quick Facts

• Indian Celebrities Born In December
• Also Known As: Ratan Naval Tata
• Age: 85 Years, 85 Year Old Males
• Father: Naval Tata
• Mother: Sooni Tata
• Siblings: Noel Tata
• Telecommunication
• Height: 5’10” (178 cm), 5’10” Males
• Founder/Co-Founder: Tata DoCoMo, Tata Teleservices
• Education: Cornell University, Harvard Business School, Harvard University, Bishop Cotton School, The Cathedral & John Connon School, Campion School, Mumbai
• Awards: Padma Bhushan (2000), Medal of the Oriental Republic of Uruguay (2004), Padma Vibhusan (2008), Oslo Business for Peace Award (2010), Honorary Knight Grand Cross of The Order of the British Empire (2014)

Childhood & Early Life

Ratan Tata was born on December 28, 1937 in Surat, India, to Naval Tata and Sonoo. Naval Tata was the adopted son of the Jamsetji Tata’s younger son Ratanji Tata. Jamsetji Tata was the founder of the Tata Group of Companies. Ratan Tata has a brother, Jimmy, and a step-brother, Noel Tata.

When he was ten, his parents got separated and thereafter, he and his brother were brought up by his grandmother, Navajbai Tata. He received his early education from the Campion School, Mumbai and finished his schooling from the Cathedral and John Connon School, Mumbai. In 1962, he obtained his B.S. in architecture with structural engineering from Cornell University, U.S.A. Later, he got enrolled at the Harvard Business School and completed an Advanced Management Program in 1975.

In 1962, Ratan Tata started his career with the Tata Steel division where he shoveled stones and worked with the furnaces along with the blue-collar employees. It was a difficult job but helped him gain a better understanding and respect for his family business.

In 1971, he was appointed as the Director-in-Charge of the National Radio & Electronics Company Limited (NELCO) in order to help its struggling finances. He worked towards building a better consumer electronics division but the economic recession and union strikes prevented him from achieving success.

In 1977, he was moved to Empress Mills, a struggling textile mill within the Tata Group. He proposed a plan for the mill but the other Tata executives rejected it and the mill was shut down. Later, he was moved to the Tata Industries.

In 1991, J.R.D. Tata appointed him as the new Chairman of the Tata Group of Companies. This decision came under scrutiny following objections from other executives of the company and questions were raised regarding his ability to run the corporation. But he succeeded in improving the financial success of the industries and expanded the growth of the organization under his leadership. He transformed the management and vision of the division, and managed to bring in significantly larger dividends.

He also became a member of the Prime Minister’s Council on Trade and Industry. He served on the advisory board of the RAND’s center for Asia Pacific Policy and is also an active participant in India’s AIDS initiative program. He also holds the membership of the international advisory board of the Mitsubishi Cooperation, the American International Group, JP Morgan Chase and Booze Allen Hamilton.

On his 75th birthday, i.e, on 28 December 2012 he resigned from the post of Chairman of Tata Group and was succeeded by Cyrus Mistry, managing director of Shapoorji Pallonji Group. Even after retirement, he is still an active businessman and invests in upcoming promising business ventures.

Major Works

As the Chairman of Tata Group, Ratan Tata was able to achieve international recognition and prestige for his company. The astounding financial success of the company brought the Tata Group to the New York Stock Exchange and under his supervision the corporation became a global brand by acquiring many companies including Tetley, Jaguar Land Rover, and Corus. He was instrumental in the conception and building of Tata Nano and Tata Indica cars.

Awards & Achievements

Ratan Tata has received numerous awards and honors throughout his career. In 2000, he was conferred the Padma Bhushan, the third highest civilian honor awarded by the Government of India. He has also received awards from the governments of Uruguay, Italy, and the United Kingdom. In 2010, he won the Oslo Business for Peace Award presented by the Business for Peace Foundation.

Personal Life & Legacy

Ratan Tata is a bachelor and is known for his low profile lifestyle. He resides in a simple house in Mumbai and drives around in a Tata Sedan. He is also a notable philanthropist and more than 65% of his share is invested in charitable trusts. One of the primary goals of his life has been to raise the quality of life of Indians along with human development.

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Ratan Tata Biography for UPSC

An eminent industrialist and philanthropist, Ratan Naval Tata was the Chairman of Tata Sons from 1991 to 2012. He made remarkable contributions to developing the TATA group as one of the prodigious conglomerates in India and collaborated with several organisations in India and abroad.

Under his stewardship, TATA became one of the biggest conglomerates in India. A perceptive businessman, and the recipient of the Padma Bhushan and Padma Vibhushan, his vision and ideals have left an indelible mark on the business landscape of the country.

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Early Life of Ratan Tata

• Ratan Naval Tata was born on December 28, 1937 as the son of Naval Tata. He was adopted by the son of Jamsetji Tata, the founder of the Tata group.
• He completed his Bachelor of Architecture from Cornell University College of Architecture. After a short period working with Jones and Emmons in Los Angeles, he returned to India by the end of 1962.
• He started working with the TATA group in 1962 and initially collaborated with TATA steel. Meanwhile, he also completed the Advanced Management Program at Harvard Business School in 1975.
• After associating and gaining experience with the TATA companies, he took the responsibility of Director In Charge of the National Radio & Electronics Company.

Chairmanship of TATA Group

• JRD Tata stepped down as the Chairman of the TATA Group in 1991 and named Ratan Tata as his successor. Amidst facing criticism for his linexperience in running a giant company like TATA Group, he was appointed the Chairman of the TATA group in 1991. Under his Chairmanship, the company expanded its horizons from an Indian-centric conglomerate to a global player. 65% of the revenues were coming from abroad. Under his supervision, the revenues rose by 40 times, and profits increased by 50 times.
• With a pretension of globalising the business, TATA group acquired London-based Tetley Tea for $431.3 million. It purchased the truck manufacturing unit of South Korea’s Daewoo motors in 2004 for $ 102 million. In 2007, it achieved a milestone and became the first Indian Company to acquire the huge steel manufacturer, an Anglo-Dutch company, Corus Group, for $11.3 billion.
• Acquisition of Tetley by TATA Tea, Jaguar Land Rover by TATA Motors, and Corus by TATA Steel aided their growth at the international level, spreading over 100 countries. It gave a new impetus to the Indian Industrial sector and global Industrial sector,with investments in giant multinational corporations like Jaguar, Tetley & Land Rover. His remarkable achievements in the business field got listed on the New York Stock Exchange.
• In 2015, he came up with the idea of the TATA Nano Car.Through the introduction of NANO cars in the market, he emphasised providing safe and affordable travel to middle and lower-middle-income consumers across the World.
• TATA Nano, designed with a seating capacity of 5 people and starting price of $ 2000, was referred to as the “ people’s car” due to its pricing and convenience.

Philanthropy

• Ratan Tata established Sir Dorabji Tata Trust, transforming his father’s vision into reality. Around 60-65% of the total profit earned by Ratan Tata was donated for charity purposes.He made notable contributions to the philanthropic field, particularly in:
• Ratan Tata continued the legacy of the founder and visionary of the TATA group, Jamsetji Tata. JN Tata Endowment for Higher Education supports Indian students with scholarships to pursue higher education. He embodied Jamshetji Tata’s vision of constructive philanthropy.
• TATA Trusts has been addressing the challenges in the education sector with a profound understanding of the needs of communities and stakeholders. Ensuring a quality education for children, especially those belonging to marginalised communities, has been the central aim. Tata Trusts attempts to provide authentic, high-quality learning experiences through critical thinking, problem-solving, collaborative learning, the use of technology, etc.
• TATA trusts work in the field of education in accordance with the United Nations Sustainable Development Goals

1. Quality Education (SDG -4)

2. Gender Equality (SDG – 5)

3. Decent Work and Economic Work (SDG -8)

4. Industry, Innovation, and Infrastructure (SDG – 9)

5. Reduced Inequality ( SDG – 10)

6. Partnerships to achieve the SDG (SDG -17).

• There are premier educational institutions established and supported by the TATA Trusts under Ratan Tata in India and abroad. They are:
• Tata Centre for Technology and Design at Indian Institute of Technology Bombay (IIT-B), Tata Centre for Technology and Design in the Massachusetts Institute of Technology (MIT) and the University of Chicago
• Tata Centre for Genetics and Society at the University of California San Diego, Harvard University South Asia Institute,
• Indian Institute of Science (IISc) – Bengaluru,
• Tata Institute of Social Sciences (TISS) – Mumbai, Tata Memorial Centre – Mumbai,
• Tata Institute of Fundamental Research (TIFR) – Mumbai
• National Institute of Advanced Studies (NIAS) – Bengaluru.
• The Tata Education and Development Trust, as a part of their charitable services, established a $28 million Tata Fundraising Campaign, in association with Cornell University to lend financial help to Indian undergraduates who cannot afford educational expenses.

Medical field

• Ratan TATA came out with cohesive strategies to improve primary health care in India, and bolstered multi-pronged initiatives for issues related to maternal health, child health, mental health, diagnosis and treatment of cancer, malaria, tuberculosis, etc.
• He undertook a multi-faceted approach that included direct implementation of projects, institution building, partnerships, and the use of technology and innovation.
• TATA group, under the Chairmanship of Ratan Tata, provided a grant worth ₹750 million Indian rupees to the Centre of Neuroscience at the Indian Institute of Science. The fund was given to pursue research on the mechanisms that cause Alzheimer’s disease and detect methods for early diagnosis and treatment.
• He has worked with governments, non-governmental organisations, and implementation partners to assure proper maternal care, nutrition, water, sanitation, infrastructural support, and poverty alleviation to bring about a change to achieve a sustainable effect on public health.

Rural development and Agricultural development

• An initiative of the TATA group known as the Transforming Rural India Initiative (TRI), worked with Governments, NGOs, civil society groups, and philanthropists to transform areas of acute poverty.
• He gave generous donations during times of natural calamities like floods, earthquakes, schools, and hospitals.

Sir Ratan Tata Trust

• In 1919, Ratan Tata established the trust post the demise of Ratanji Tata. Trust works according to his will for the well-being of the underprivileged in education, learning, and other branches. They partnered with different organisations to bring about change in a sustainable manner. Trust provides two types of grants. They are:
• Institutional grants include endowment grants, programme grants, and small grants.
• Endowment grants are provided to organisations with a well-defined mission and strive to bring about positive change in society.
• Emergency Grants : These grants are given during a time of urgency or a crisis. Ratan Tata and TATA Trusts donated 1500 crore rupees to PM CARES Fund during COVID-19.
• Programme grants include Rural livelihoods and communities, Arts and Culture, Civil society and governance, education, and health.
• In Rural livelihoods and communities, the Trust focuses on land and water development, Microfinance, etc.
• In Arts and Culture, grants are given to nurture crafts-based livelihood initiatives, support community-based media projects for the upliftment of communities, support the livelihood of performing artists, and give a new life to performing arts.
• Small grants : Small grants are given by TATA Trust to small-scale organisations that seek support for the implementation of innovative ideas for the welfare of the people.
• Individual grants , which include medical and educational grants.
• Trust has been focusing on imparting quality education in India through continuous efforts. The three aspects of importance are; school-based education, out-of-school education, and education management. Merit scholarships are provided to students with excellent academic performance, especially undergraduate students in medicine and engineering. Travel grants are provided to individuals pursuing postgraduate and doctoral courses or to doctors of government hospitals.
• Medical grants are given to patients to meet their expenses for treatment. This includes organising health programs for the rural population, specialised healthcare services, resources for healthcare, and financing poor patients in private hospitals.
• Ratan Tata also heads Sir Dorabji Tata and Allied Trusts along with Ratan Tata trust. He owns a 66% stake in TATA Sons.

Other initiatives

• He has held various roles in organizations in India and abroad. He is a member of the Prime Minister’s Trade and Industry Council and the National Manufacturing Competitiveness Council. He serves on the jury of the Pritzker Architecture Prize, which is considered one of the world’s leading architecture awards. He serves on the boards of Alcoa Inc, Mondelez International, and the East-West centre.
• Ratan Tata is also a member of the Board of Trustees of the University of Southern California, the Dean’s Advisory Board of Harvard Business School, and Cornell University. He is a member of the board of directors of the International Advisory Board of Bocconi University. He is also a member of the Harvard Business School India Advisory Board (IAB) since 2006.
• In 2013 he was appointed to the board of directors of the Carnegie Endowment for International Peace. In February 2015, Ratan assumed an advisory role at The Kalaari Capital, a venture capital firm founded by Vani Kola.

Titles and Honours

• Ratan Tata received the second-highest civilian honour of the country, Padma Vibhushan, in 2008, and the third-highest civilian honour of the country, Padman Bhushan, in 2000.
• He was appointed as the “Knight Grand Cross of the Most Excellent Order” of the British Empire. He received a lifetime achievement from Rockefeller Foundation, an American philanthropic and medical research organisation.
• Ratan Tata is an honorary fellow of the Institution of Mechanical Engineers, Royal Academy of Engineering, and a foreign associate of the National Academy of Engineering.
• He also received honorary doctorates from the London School of Economics, Cambridge University, Ohio State University, IIT Bombay, IIT Madras, IIT Kharagpur,etc.
• Ratan Tata resigned from his powers on 28 December 2012, at the age of 75. Cyrus Mistry of the Shapoorji Pallonji Group, the largest individual stakeholder of the TATA group, was appointed the successor of Ratan Tata. Facing opposition from the Board of Directors and legal division, he got removed from the position on 24 October 2016. Thus, Ratan Tata served as an interim chairman.
• The next successor for the TATA group was chosen by a selection committee on 12 January 2017. Thus, Natarajan Chandrasekharan was appointed the chairman of the TATA Group and the successor of Ratan Tata.

Current Engagement

• Currently, Ratan Tata heads Tata Trusts and Tata Sons. He is the second person to head both companies after JRD Tata.

Frequently Asked Questions about Ratan Tata

Who is Ratan Tata?

Ratan Tata is one of the leading industrialists and the former Chairman of one of the largest conglomerates in India, the TATA group.TATA group owns around 100 firms and earns revenue of $67 million.

How is Ratan Tata related to Jamsetji Tata?

Jamsetji Tata is the grandfather of Ratan Tata and the founder of the TATA group in India.

Which is the most important step by Ratan Tata to transform the TATA group into a global brand?

TATA group made several acquisitions, including Tetley Tea, Jaguar Land Rover, Daewoo Motors, and Corus group.

What was Ratan Tata’s contribution to Tata Motors?

During the tenure of Ratan Tata as the chairman of the TATA group, TATA Motorsgot got listed on the New York stock exchange. In 1998, he launched TATA Indica, the first hatchback in India with a diesel engine. With an objective to introduce affordable cars in India, TATA Nano was launched in 2008 by Ratan Tata.

What were the major philanthropic activities of Ratan Tata?

Ratan Tata was involved in numerous philanthropic activities. He encouraged, collaborated, and funded a number of activities and initiatives contributing to the quality of life, education, healthcare, and rural development of the population.

Which are the important awards received by Ratan Tata?

Ratan Tata is the recipient of Padma Vibhushan, the second-highest civilian honour, and Padma Bhushan, the third-highest civilian honour in the country. His predecessor, J R D Tata, was the recipient of Bharat Ratna. Apart from that, Ratan Tata received recognition from India and abroad, for his contribution to humankind and impregnable adherence to ethics and human values.

Which are the trusts established during the tenure of Ratan Tata?

Ratan Tata established Sir Ratan Tata Trust in 1919, which transformed traditional ideas of charity. He also established Sir Dorabji Tata Trust during his tenure.

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An iconic Indian industrialist, Ratan Tata, has been a stalwart of the Indian business ecosystem. Born in Mumbai in the famed Tata family, he served as the chairman of Tata Sons and of the Tata Group (from 1990 to 2012, and 2016-17. Felicitated with the highest civilian awards of India, the Padma Vibhushan (2008) and Padma Bhushan (2000),

Tata has been a philanthropist and an active investor in the Indian start-up community. He was instrumental in many of the pivotal acquisitions (Tetley, Jaguar Land Rover, Corus, Air India) that ushered an era of modernity and competitiveness in this revered business group.

• Print length 168 pages
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• ISBN-10 9355211740
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He has written several books for academic purposes, which are taught in several CBSE-medium schools across the country. His articles keep appearing in different newspapers and magazines, including the Janvani and Readers’ Digest, as he writes off and on in them.

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• Publisher ‏ : ‎ Prabhat Prakashan Pvt. Ltd.; 1st edition (1 November 2021); Prabhat Prakashan Pvt. Ltd.
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Meet Jimmy Tata, Ratan Tata's Brother Who Lives In A 2BHK Flat, Doesn't Use Mobile

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Last Updated: May 08, 2024, 17:27 IST

New Delhi, India

The black-and-white photo, which has the brothers smiling into the camera, was taken in 1945. A dog too is posing with the siblings.

Although he owns a significant amount of the company's shares, he has always been known to lead a quiet life and show little interest in the business.

The Chairman Emeritus of the Tata Group, Ratan Tata, may have a staggering net worth of over Rs 3800 crore, yet he is regarded as a humble individual. The well-known philanthropist and businessman is quite active on social media and doesn’t mind being in the spotlight. But Jimmy Naval Tata, the younger brother of Ratan Tata, has spent his whole life mostly hidden from the public eye.

Even though Jimmy Tata avoids the spotlight and the media, he still holds a unique but sometimes overlooked role inside the Tata Group.

He owns a significant amount of the company’s shares, but has always been known to lead a quiet life and show little interest in the business.

Jimmy Tata is the second child of Naval Tata and Sooni Commissariat, Naval Tata’s first wife.

In 2023, Ratan posted a flashback image of himself and Jimmy from 1945 on Instagram.

His caption read, “Those were happy days. Nothing came between us. (1945 with my brother Jimmy)”

View this post on Instagram A post shared by Ratan Tata (@ratantata)

Several reports claim that he doesn’t even possess a mobile, doesn’t travel much, and prefers to read books and newspapers to remain current on international events. According to Indiatimes , he hardly ever leaves his home.

A TOI report stated that the apartment is situated on the sixth floor of Hampton Court in Colaba.

Billionaire and philanthropist Harsh Goenka stated in a 2022 post that Jimmy Tata owns a modest apartment and is uninterested in the family company. Not only that, he claimed that Jimmy Tata used to be a better squash player than Harsh Goenka and would consistently defeat him.

Did you know of Ratan Tata’s younger brother Jimmy Tata who lives a quiet reticent life in a humble 2 bhk flat in Colaba, Mumbai! Never interested in business, he was a very good squash player and would beat me every time.Low profile like the Tata group! pic.twitter.com/hkp2sHQVKq — Harsh Goenka (@hvgoenka) January 19, 2022

Jimmy Tata reportedly holds significant shares in a number of Tata Group businesses.

Tata Motors, Indian Hotels, TCS, Tata Chemicals, Tata Steel, and Tata Sons are all included in this.

Jimmy Tata serves as a trustee of the Sir Ratan Tata Trust.

He acquired this post after his father, Naval Tata, died in 1989, in line with his will.

When it comes to business advancements inside the Tata Group, Jimmy is reported to be a knowledgeable and actively participating member.

Jimmy Tata began his career with the Tata Group, namely in the textile business, working under his father.