Sir Ratan Naval Tata is the humble chairman of Tata Sons. Previously he was the chairman of the Tata group and has led the company to extensive growth throughout the time. We all know him as one of the most phenomenal industrialists in India with a well-established business and a philanthropist.
Sir Ratan Tata’s father, Naval Tata, was adopted by Ratanji Tata & Navajbai Tata. He was adopted from the J.N Petit Parsi Orphanage. His mother was very fond of her grandson. Soon when Sir Ratan Tata turned 10, his parents separated, and his grandmother raised him. But there are more interesting facts about Sir Ratan Tata:
We all have seen him as a well-established businessman leading the firms through every up and down, but it did not start this way. He took his first job in 1961 at Tata Motors and was responsible for managing the blast furnace & shovelling limestone.
Love For Cars
As much as people are fond of Tata cars, Sir Ratan Tata is enthusiastic about cars. His fondness for cars is exhibited by his car collection, which includes everything from a Honda Civic to a Maserati Quattroporte.
His collection has Ferrari California, Cadillac XLR, Land Rover Freelander, Chrysler Sebring, Mercedes Benz S-Class, Mercedes Benz 500 SL, Jaguar F-Type, Jaguar XF-R, and others.
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We know the heights the company has reached with time; besides leading the company to great heights, Sir Ratan Tata is a skilled pilot. He was the first Indian to fly the F16-Falcon in 2007.
Tata Hall At Harvard
He donated a sum of $50 million to the Harvard Business School in 2010 to construct an executive centre. HBS dedicated an entire hall to him known as the ‘Tata Hall’ to honour their alumni.
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He has managed some incredible mergers for his company, such as Jaguar Land Rover with Tata Motors, Corus & Tata Steel and Tetley & Tata tea. We all know when Indica did not perform well in the first year, He decided to sell his passenger division and was humiliated by their chairman, Bill Ford:
“If you do not know anything, why did you start the passenger car division At all. It will be a favour if we buy this business from you.”
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Nine years after that incident, when Ford was about to be bankrupt, he bought their luxury brand Land Rover Jaguar and was thanked by Bill Ford:
“You are doing us a big favour by buying JLR.”