Ratan Tata: 5 interesting facts about the businessman

Ratan Tata: 5 interesting facts about the businessman

Industrialist, philanthropist and former chairman of Tata Sons Ratan Tata turns 85 on December 28th. Mr Tata dedicates his time to philanthropy and also nurtures emerging start-up.

Here are 5 interesting facts about the businessman Ratan Tata.

Fact no. 1

Jamsetji Tata, who established the Tata Group, is the great-grandfather of Ratan Naval Tata. According to the website of the corporation, he was born to Naval and Sooni Tata on December 28, 1937, in Mumbai.

Fact no.2

Mr. Tata graduated from Cornell University in the US with a degree in architecture and structural engineering. According to the website, he also enrolled in and successfully completed an Advanced Management Program at the Harvard Business School.

Fact no. 3

His career with the Tata Group began in 1962 as an assistant, and in 1971 he was named director-in-charge of the National Radio & Electronics Company Limited. Ratan Tata was named JRD Tata’s successor as chairman of Tata Sons in 1991 when JRD Tata resigned from the position.

Fact no. 4

Ratan started the Tata group’s restructuring just as the Indian economy was about to open up. He was crucial to the commercial success of well-known vehicles like the Tata Nano and Tata Indica. In 2004, he persuaded Tata Tea to purchase Tetley, Tata Motors to purchase Jaguar Land Rover, and Tata Steel to purchase Corus.

Fact no. 5

He ranks as the 421st richest Indian man, according to the IIFL Wealth Hurun India Rich List 2022. He came in at number 433 in 2021.