38 Facts About Ratan Tata

1.

Ratan Naval Tata was born on 28 December 1937 and is an Indian industrialist, philanthropist and former chairman of Tata Sons.

2.

Ratan Tata was a chairman of the Tata Group from 1990 to 2012, and interim chairman from October 2016 through February 2017.

3.

Ratan Tata is the son of Naval Tata, who was adopted by Ratanji Tata, son of Jamsetji Tata, the founder of the Tata Group.

4.

Ratan Tata graduated from the Cornell University College of Architecture with a bachelor's degree in architecture.

5.

Ratan Tata joined Tata in 1961, where he worked on the shop floor of Tata Steel.

6.

Ratan Tata later succeeded JR D Tata as chairman of Tata Sons upon the latter's retirement in 1991.

7.

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.

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8.

Ratan Tata was born in Bombay, now Mumbai, during the British Raj, on 28 December 1937.

9.

Ratan Tata is the son of Naval Tata, who was born in Surat and later adopted into the Tata family, and Sooni Tata, the niece of Tata group founder Jamsetji Tata.

10.

In 1948, when Tata was 10, his parents separated, and he was raised and adopted by Navajbai Tata, his grandmother and widow of Ratanji Tata.

11.

Ratan Tata has a younger brother Jimmy Tata and a half-brother, Noel Tata, from Naval Tata's second marriage with Simone Tata, with whom he was raised.

12.

Ratan Tata studied at the Campion School, Mumbai till the 8th class.

13.

Ratan Tata achieved initial success by turning the subsidiary National Radio and Electronics around, only to see it collapse during an economic slowdown.

14.

In 1991, JR D Tata stepped down as chairman of Tata Sons, naming him his successor.

15.

Ratan Tata prioritised innovation and delegated many responsibilities to younger talent.

16.

Ratan Tata had Tata Tea acquire Tetley, Tata Motors acquire Jaguar Land Rover, and Tata Steel acquire Corus.

17.

Ratan Tata conceptualized and spearheaded the development of the Tata Nano car, which helped put cars at a price-point within reach of the average Indian consumer.

18.

On 24 October 2016, Cyrus Mistry was removed as chairman of Tata Sons, and Ratan Tata was made interim chairman.

19.

The National Company Law Appellate Tribunal later found in December 2019 that the removal of Cyrus Mistry as the chairman of Ratan Tata Sons was illegal, and ordered that he be reinstated.

20.

Ratan Tata has invested in multiple companies with his own wealth.

21.

Ratan Tata has made small investments in both early and late stage companies in India, such as INR 0.95 Cr in Ola Cabs.

22.

Ratan Tata launched India's companionship startup for senior citizens, Goodfellows, in a bid to encourage intergenerational friendships.

23.

Ratan Tata is a supporter of education, medicine and rural development, and considered a leading philanthropist in India.

24.

Ratan Tata supported University of New South Wales Faculty of Engineering to develop capacitive deionization to provide improved water for challenged areas.

25.

Ratan Tata Hall at the University of California, San Diego is a state-of-the-art research facility that was opened in November 2018.

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26.

Ratan Tata Hall is a 4-story building that spans over 128,000 square feet and houses research facilities for the biological and physical sciences.

27.

Ratan Tata Hall at UC San Diego is a research facility focused on biotechnology and houses the Ratan Tata Institute for Genetics and Society, which conducts research on genetics and disease control.

28.

The Ratan Tata Institute for Genetics and Society at UC San Diego is a joint initiative between the Ratan Tata Trusts and UC San Diego.

29.

Ratan Tata Hall is located in the northeast corner of the HBS campus, and is devoted to the Harvard Business School's mid-career Executive Education program.

30.

In 2014, Ratan Tata Group endowed the Indian Institute of Technology, Bombay and formed the Ratan Tata Center for Technology and Design to develop design and engineering principles suited to the needs of people and communities with limited resources.

31.

Tata Group, under the leadership of Ratan Tata formed the MIT Tata Center of Technology and Design at Massachusetts Institute of Technology with a mission to address the challenges of resource-constrained communities, with an initial focus on India.

32.

Ratan Tata has served in various capacities in organizations in India and abroad.

33.

Ratan Tata is a member of Prime Minister's 'Council on Trade and Industry' and the 'National Manufacturing Competitiveness Council'.

34.

Ratan Tata is a director on the boards of Alcoa Inc.

35.

Ratan Tata is 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.

36.

Ratan Tata is a member on the board of International Advisory Council at Bocconi University.

37.

In February 2015, Ratan Tata took an advisory role at Kalari Capital, a venture capital firm founded by Vani Kola.

38.

Ratan Tata received the Padma Bhushan in 2000 and Padma Vibhushan in 2008, the third and second highest civilian honours awarded by the Government of India.