Ratan Naval Tata(DOB Dec 28,1937)is a member of Tata Family who became the Chairmen of the Tata Group(1991-2012).Ratan Tata retired from all executive responsibility on Friday Dec 28,2012 after 21 years as the Group Chairman of the diversified Conglomerate - Tata Group which is also his 75th birthday and he is succeeded by Cyrus Mistry(44)son of Pallonji Mistry and Managing Director of Shapoorji Pallonji Group.
Ratan Tata is the adoptive great-grandson of Tata group founder Jamshedji Tata.Ratan Tata's father, Naval Tata, had been adopted from the family of a distant relative by Jamshedji's childless younger son, also named Ratan Tata, and his wife Navajbai.
Ratan Tata began his schooling in Bombay at Campion School,Bishop Cotton School,Shimla and finished at Cathedral and John Connon School.
Ratan Tata completed his B.S. in architecture with Structural Engineering from Cornell University in 1962 and and the Advanced Management Program from Harvard Business School in 1975
In 1962 Ratan Tata joined the Tata group - working in the group's ailing textile mills, in the furnaces of Jamshedpur, reviving Nelco and took over as Chairman 29 years later in 1991.In March 1991, JRD Tata, an icon of the Indian industry, stepped down as the Tata Group Chairman to make way for Ratan Tata
Those who know him describe him as a pioneer, a visionary and a leader passionate about technology. Ratan Tata proved that when he introduced the first 'made by India' car - the Indica in 1998 and 11 years later the people's car - the Rs 1 lakh Nano in 2009
Tata Group's Overseas Acquisitions
It all began in 2000 with Tata tea's purchase of Britain's iconic tea brand Tetley - a company twice its size. The next overseas acquisition was in 2003. 2004 closed with two and 2005 saw 14 buys. In 2006, the Tata group went shopping in Germany, Switzerland, UK, Thailand, Czech Republic, USA and South Africa. The next year it spent what no Indian company had ever spent before on an acquisition - $ 12 billion - for Anglo-Dutch steel maker Corus
Ratan Tata's 21 years as Chairman have helped grow the group to $ 100 billion in revenue, 60 per cent of which came from overseas.
Ratan Tata is currently the Chairman Emeritus of Tata Sons,Tata Motors,Tata Steel and also the Chairman of the Main Two Tata Trusts - Sir Dorabji Tata and Allied Trusts and Sir Ratan Tata Trust which together hold 66% of shares in the Group Holding Company Tata Sons.
Honours and Awards
Padma Bhushan in 2000
Padma Vibhushan in 2008
Honorary Doctor of Law from Cambridge University in 2008
Honorary Doctor of Science from IIT Kharagpur in 2008
Rockfeller Foundation's Lifetime Achiement Award in 2012
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