- Name: Ratan Naval Tata
- Birth: 28 December 1937
- Birth: Mumbai
- Father: Naval Tata
- Mother: Sonu Tata
Ratan Naval Tata (born 28 December 1937, Mumbai) is the current president of the Tata group, India’s largest trading group, founded by Jamsetji Tata and extended by generations of his family.
Ratan Tata was the son of Naval Tata, who was adopted by Nawazbai Tata after the death of her husband. Ratan Tata’s parents Naval and Sonu separated in the mid-1940s. At the time of separation Ratan was 10 years old and his younger brother was only 7 years old. He and his younger brother were both raised by their elder mother Nawai Bai Tata.
Ratan Tata started school from Campion School, Mumbai and received his secondary education in the Cathedral itself and attended John Cannon School. In the same architecture he completed his B.Sc education. Also practiced Cumulative Engineering in 1962 from Cornell University and Advanced Management Program from Harvard Business School in 1975. Tata Alpha is also a member of Sigma Phi Fraternity. Ratan Tata believes that philanthropists should be viewed from a different perspective. Earlier philanthropists used to develop their institutions and hospitals whereas now they need to develop the country.
Sir Dorabji Tata, the elder son of Jamsetji Nuserwanji, who founded Tata and Sons in 1887, took over the company in 1904 after the death of his father. But in 1932, he too went to the other world. But there was no one to handle the company at that time, as Sir Dorabji Tata had no children. Therefore, this time the company was given the command of his sister’s elder son Sir Nowroji Sakatwala.
Before returning to India, Ratan worked for some time at Jones and Amons in Los Angeles, California. He started his career with the Tata group in 1961. In the early days he worked on the shop floor of Tata Steel. He then joined other companies of the Tata group. In 1971, he was appointed Director-in-charge of National Radio and Electronics Company (NELCO). In 1981, he was made the chairman of Tata Industries. In 1991, JRD Tata relinquished the position of chairman of the group and succeeded Ratan Tata.
On 28 December 2012, he retired from all executive responsibilities of the Tata group. He was succeeded by 44-year-old Cyrus Mistry. Although the Tatas are now retired, they are still engaged in work. On 28 December 2012, he retired from all executive responsibilities of the Tata group. He was succeeded by 44-year-old Cyrus Mistry. Although the Tatas are now retired, they are still engaged in work. Recently, he made his personal investment in India’s e-commerce company Snapdeal. Along with this, he has also invested in another e-commerce company Urban Ladder and Chinese mobile company Xiaomi.
Ratan Tata Tata started his career with the Tata group in 1961. For this, he was first sent to the Tata Steel Plant in Jamshedpur where he learned the nuances of the work in collaboration with the artisans. In 1971, he became the director of Nelco Company, facing financial crisis in those days. In 1991, JRD Tata announced Ratan Tata as his successor as the chairman of Tata Sons and handed over the entire charge to him. After taking over the Tata group in 1991, he has brought the company to such high heights that we are currently watching.