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Ideal Beginning

Ratan Tata

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Ideal Beginning

Ratan N. Tata, after completing his higher studies returned to India and turned down a job at IBM on JRD Tatas advice and joined the Tata Group in 1962, for which he was sent to Jamshedpur to work on the shop floor at Tata Steel.In 1971, he was appointed as the Director of National Radio and Electronics, which was in a bad state of 40% losses and only 2% of consumer market share. But as soon as Ratan N. Tata joined the company he gave its statistics an upward turn, he took the company from 2% of market share to 25%. National Emergency was declared, which posed great problems such as, weak economy and labour shortage and NELCO was nearing collapse again.

JRD Tata soon declared Ratan Tata his successor in 1981 and Ratan had to face criticism since people believed that hes not experienced enough to handle a business of the scale that of like the Tata Industries. After ten years of his entry into the Tata Industries, he was appointed the Chairman of the Tata Group. After Ratans appointment, The Tata Group reached absolutely new heights which had never been experienced by this group earlier. Under his direction, the company went through several different entrepreneurial ventures.The conversion of the corporate commonwealth of different Tata affiliated company into one cohesive company, the acquisition of Tetley, Jaguar Land Rover and Corus, which turned Tata from a major India Centric company to a global business name, all this is credited to Ratan N. Tata. His major releases have been Indica and Nano in India. Today, Tata Groups 65% of the revenue comes from abroad. After the liberalization of controls in the 1990s, the Tata Group of Companies achieved great success, which again is credited to Ratan N. Tata.


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Ideal Beginning
Biography
Back against the wall
Succession again
Company Profile
personal life
Honorary distinctions
Career
The old order changeth
Getting better
Virtues
Man of Substance
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