With the passing away of Ratan Tata and the appointment of Noel Tata, aged 67 as chairman of Tata Trusts, the over $ 100 billion Tata group has undergone a major changeover. The nation mourned the death of the patriarch, as corporate chieftains, top political leaders and celebrities came to pay their last respects in Mumbai. Under Ratan Tata, the group rose from a turnover of $4 billion to over $100 billion in 21 years. From salt, tea and coffee to air conditioners, cars, trucks, airlines, hotels, hospitals, steel and telecom, one can find the Tata group omnipresent in the everyday life of each Indian. Ratan Tata was not merely a businessman or the patriarch of the group. He was an institution. He was the ideal industrialist, an inspiration for youths and a blessing for the poor. It was he who brought the Tata group into the international automobile sector, gave the Indian middle class a dream to own a car.OPINION | How to say ‘TATA’ to the ‘RATAN’ of India?
With the passing away of Ratan Tata and the appointment of Noel Tata, aged 67 as chairman of Tata Trusts, the over $ 100 billion Tata group has undergone a major changeover. The nation mourned the death of the patriarch, as corporate chieftains, top political leaders and celebrities came to pay their last respects in Mumbai. Under Ratan Tata, the group rose from a turnover of $4 billion to over $100 billion in 21 years. From salt, tea and coffee to air conditioners, cars, trucks, airlines, hotels, hospitals, steel and telecom, one can find the Tata group omnipresent in the everyday life of each Indian. Ratan Tata was not merely a businessman or the patriarch of the group. He was an institution. He was the ideal industrialist, an inspiration for youths and a blessing for the poor. It was he who brought the Tata group into the international automobile sector, gave the Indian middle class a dream to own a car.
