December 28 marks the delivery anniversary of Ratan Tata, certainly one of India’s most beloved personalities, who handed away on the age of 86 in Mumbai’s Breach Sweet hospital on October 9, 2024.
Famend industrialist and philanthropist Ratan Tata handed away at Breach Sweet hospital in Mumbai on 9 October, 2024.(HT)
Ratan Tata headed the Tata conglomerate for over twenty years as Chairman from 1991 to 2012, and in addition briefly returned as interim chairman in 2016.
His tenure, characterised by a mess of eye-catching offers and in addition big philanthropic efforts was chargeable for reworking the Group into a world empire.
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10 interesting facts about Ratan Tata1) Responsible for Tata’s huge global presence
Under Ratan Tata’s leadership, the Tata Group saw significant expansion. It now operates in more than 100 across across the globe and made a staggering $165 billion in revenue during the financial year 2023-24.
2) Famous Acquisitions
Ratan Tata’s most talked about acquisition was that of luxury carmaker Jaguar Land Rover in 2008. He also headed the acquisition of British steelmaker Corus in 2007, making Tata Steel the world’s fifth-largest steel producer, though this deal did see some downsides.
3) Education
Ratan Tata studied architecture at Cornell University, where he graduated in 1962. However, this was after initially pursuing mechanical engineering as per his father’s wishes.
4) First job
Ratan Tata actually started off his career in Los Angeles as an architect with Jones & Emmons, the firm of architecture design critic A. Quincy Jones, after he graduated from Cornell.
He initially planned to settle in Los Angeles, but was called back to India by his grandmother.
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5) Childhood troubles
Ratan Tata was brought up by his grandmother after his parents, Naval and Sooni Tata, divorced when he was just 10.
6) Terror attack
Ratan Tata was heading the group during the 2008 Mumbai terrorist attacks, which targeted Mumbai’s Taj Mahal Palace hotel, which was the group’s flagship hotel.
7) Trained pilot
Ratan Tata was a trained pilot who earned his license when he was a student at Cornell in the 60s. He was also the oldest Indian to fly the F-16 Falcon fighter jet in 2007 at the age of 69.
8) Reacquiring Air India
One of Ratan Tata’s last major achievements was the successful reacquisition of Air India in 2021, which restored India’s iconic airline to the original founders, the Tata Group, nearly 90 years after it was nationalised.
9) Philanthropy
Ratan Tata was famous for his huge philanthropic efforts. The Tata Group’s organisational structure in itself is such that Tata Trusts, their flagship charitable trust, controls 66% of Tata Sons, the primary holding company of all other Tata companies.
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10) Personal life
Ratan Tata never married or had any children. However, he was in a serious relationship with an American lady named Caroline Jones in the 60s, but their potential marriage never happened after he was called back to India.
“I came close to getting married four times and each time I backed off in fear or for one reason or another,” he said in a 2011 interview with CNN International’s Speak Asia.