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4-Traders Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

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Portrait de Ratan Tata
Birthday : 09/28/1937
Place of birth : Mumbai - India
Public asset : 935,185 USD
Country of residence : India
Linked companies :
No connection available

Summary 
Mr. Ratan Naval Tata is Chairman at Tata Sons Ltd., Chairman at Alcoa Asia Ltd., Chairman of Investment Commission of India, Chairman at Navajbai Ratan Tata Trust, Chairman at Sir Dorabji Tata Trust, Chairman at Sir Ratan Tata Trust, a Member of National Hydrogen Energy Board, a Member of National Manufacturing Competitiveness Council, a Member of Prime Ministers Council on Trade & Industry, President-Court at Indian Institute of Science and a Principal at International Investment Council.

He is on the Board of Directors at East-West Center, Carnegie Endowment for International Peace, Arconic, Inc., Tata Steel Ltd., Antrix Corp. Ltd., Reserve Bank of India, Cornell University, Ohio State University Foundation, University of Southern California and X PRIZE Foundation. Mr. Tata was previously employed as an Independent Director by Mondelez International, Inc., Independent Non-Executive Director by Fiat SpA, Chairman by Indian Hotels Co. Ltd., Director-in-Charge by National Radio & Electronics Co. Ltd., Chairman by Tata Industries Ltd., Non-Executive Director by Bombay Dyeing & Manufacturing Co. Ltd., Chairman by Tata Consultancy Services Ltd., Chairman by Tata AutoComp Systems Ltd., Chairman by Tata Chemicals Ltd., Chairman-Emeritus by Tata Motors Ltd., Chairman by Tata Teleservices (Maharashtra) Ltd., Chairman by The Tata Group, Member-India AIDS Initiative Board by Bill & Melinda Gates Foundation Trust, Chairman by Corus Group Ltd., Chairman by Jaguar Land Rover Plc, Chairman-Management Council by Tata Institute of Fundamental Research, a Trustee by The RAND Corp., and Chairman-Emeritus by The Tata Group.

He also served on the board at Tata Power Co., Ltd., One 97 Communications Ltd., Tata America International Corp., Tata Global Beverages Ltd., Tata International AG, Tata Ltd., Tata Motors European Technical Centre Plc, Tata Technologies Pte Ltd., Tata Teleservices Ltd. and The Water Initiative LLC.

He received his undergraduate degree from Cornell University.


Holdings of Ratan Tata 
NameEquities%Valuation
Arconic Inc (ARNC)
Aluminum
25,3730.0058%696,996 USD
Alcoa Corp (AA)
Aluminum
7,2310.0039%238,189 USD


Biography of Ratan Tata 
Ratan Tata is at the head of Tata Group, a conglomerate of hundreds of subsidiaries among these Tata steel, the fourth largest steel company in the world, Tata Motors and Tata Telecom.

He graduated from Cornell University in New York; Ratan declined a proposal from IBM to join the Tata group. He began his career in steel branch of the group, where he stayed until 1971, where he was appointed Director of National Radio & Electronics Company (NELCO), company of the Tata group. In that period the company had met many difficulties, and then he bet on a new technology. In four years, the market share of Nelco rose to 20% from 2%, but this success will be very short.

In 1975 Indira Gandhi was Prime Minister, recession hit the country, the business suffered and social movements paralyzed Nelco’s production. The crisis will be strong as Nelco is forced to close.

In 1977 Ratan was in charge of the textile factory of the group, but the latter still using old technologies and suffered the competition of new factories. Ratan proposed to start a modernize process but the group didn’t give to him a financial support. In 1985, the factory closed.

In 1986 he was appointed chairman of Tata industries, before becoming in 1991 the CEO of Tata group. He began a restructuring process in order to draw seven areas of activity, in add he invited the old managers to leave the place in benefit to younger people.

In 2000 Tata bought Tetley Tea, English tea maker, this is the start of construction of the Tata empire.

In 2007, Tata acquired for $2.6 billion the anglo-dutch group Corus, specialist in steel and aluminium, and his group became the fourth largest steel producer in the world.

In March 2008, he bought two historic brands in the automobile sector, Land Rover and Jaguar for $2.3 billion, and he became the boss of 16000 UK employees. In late 2008, the automotive industry crisis brings down the manufactures’ profits nearly 30%, for this reason Tata decides to ask to Brown’s government to save Tata motors, and he requires a bill out of one billion dollars.

Tata group, it counts now 98 subsidiaries, 300 000 employees and 3.2% of Indian GFP.

In June 2011, the market capitalization of Tata group reached 4.32 trillion rupees, or $87 billion, and it is the first Indian group.
Copyright © 4-traders.com / Photo © Reuters

Anecdotes
Ratan Tata holds only 1% of the group the rest is held by charity funds.
Citations
"At Tatas, we believe that if we are not among the top three in an industry, we should look seriously at what it would take to become one of the top three players.. or think about exiting the industry"

"We’re responsible for the fortunes of the company but this is a bone-dry situation in terms of access to credit. Nobody can operate on that basis unless you have large cash balances, which we don’t. My concern is that the government doesn’t appear to care about manufacturing."


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