He may not be on Forbes, but he has a place in the hearts of people of all ages, genders, and groups...
Digital Desk: Ratan Naval Tata, the Indian industrialist, philanthropist, entrepreneur, and former chairman of Tata Sons needs no introduction. He may not be on Forbes, but he has a place in the hearts of people of all ages, genders, and groups. He was born on December 28 and was raised by his grandmother, Navajbai Tata.
Today, on his 85th birthday, let's unveil 20 lesser-known facts about his life:
1. Naval Ratan Tata was born on December 28, 1937, and he is now 85 years old. He was a native of Bombay (now, Mumbai).
2. The founder of the Tata Group, Jamsetji Tata, is the great-grandfather of Ratan Tata. His grandmother, Navajbai Tata, raised him. When his parents divorced in 1948, he was just eight years old.
3. After receiving his early education in Mumbai, he received his diploma from Riverdale Country School in New York City in 1955. Tata enrolled at Cornell University in 1959 to study structural engineering and architecture. Later, in 1975, he enrolled at Harvard Business School for a management programme.
4. Ratan Tata began his career at the Tata organization. His initial responsibility at Tata Steel was to keep an eye on the limestone dump and the blast furnace. Ratan Tata turned down an offer from IBM in favour of working for his family's business.
5. He once admitted that while he was working in Los Angeles, there was a time when he fell in love. However, due to the 1962 Indo-China War, the girl's parents were opposed to sending her to India. Following that, he never married.
6. Under his capable leadership, the Tata Group's revenues climbed more than 40 times. Profits increased by a factor of more than 50. The corporation made around $103 billion in 2016, up from $5.7 billion in 1991.
7. Ratan Tata is a skilled pilot. Ratan Tata became the first Indian to fly an F-16 Falcon in 2007.
8. Throughout his long career, he has successfully accomplished various major mergers for his company, such as Tetley's merger with Tata Tea, Land Rover Jaguar's merger with Tata Motors, and Corus' merger with Tata Steel. All of these mergers had a big impact on the Tata Group's extraordinary expansion.
9. In 2009, he fulfilled his promise by developing the Tata Nano, India's most cheap car, with a price of Rs. 1 lakh.
10. Under his leadership, the Tata Group established a $28 million scholarship fund at Cornell University to benefit Indian undergraduate students.
11. In addition, Ratan Tata raised $50 million in 2010 to create an executive centre for Harvard Business School, where he earned his undergraduate education. Tata Hall was the name of this room.
12. The Indian industrialist is well known for his unwavering commitment to cars. He reportedly owns numerous different types of vehicles, including the Ferrari California, Cadillac XLR, Land Rover Freelander, Chrysler Sebring, Honda Civic, Mercedes Benz S-Class, Maserati Quattroporte, Mercedes Benz 500 SL, Jaguar F-Type, Jaguar CFTR, and many others.
13. His Bombay House headquarters now has a kennel for stray dogs following recent renovations. This kennel includes food, water, toys, and a play area. In keeping with tradition, Ratan Tata has a strong bond with these dogs. Since Jamsetji Tata's time, the Bombay House had a tradition of letting stray dogs inside during the rainy season.
14. He is not ranked among the world's billionaires or wealthiest people because his family and business devote more than 65% of their money to charity.
15. Ratan Tata has also been awarded the Padma Vibhushan and the Padma Bhushan in honour of his remarkable contributions to the growth of India through the establishment of healthcare facilities and improved educational institutions.
Prag News Digital wishes long and healthy life for him!
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