The personality assigned to me for the assignment is well known mr rattan tata ….Ratan Tata is an Indian businessman of the Tata Group, which is a Mumbai-based conglomerate. He was the chairman of the group from 1991-2012. He stepped down as the chairman on 28 December 2012 and now holds the position of Chairman Emeritus of the group which is an honorary and advisory position and is continuing as the chairman of the groups charitable trusts
Now lets have a look at the Early life of mr rattan tata
Ratan Naval Tata was born on December 28, 1937, in Surat. And had a troubled childhood. He is the adoptive great-grandson of Tata group founder Jamshedji Tata. His father, Naval Tata, had been adopted from the family of a distant relative
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Ratan tata suggested that company should invest in developing high technological products rather than in consumer electronics and his advice was followed by mr jrd tata becus of wch NALCO recoverd from losses by 1975. In 1997 ratan tata ws entrusted with the responsibility of “empress mills”,a textile mill wch was controlled by tata grp..when rattan tata took incharge of the company it was one of the sick units of tata group ,however rattan managed to turn it around and even declare dividend .. He was responsible for transforming Tata Motors Ltd. into a Group strategy think-tank and a promoter of new ventures in high technology businesses and under him,1998 tata motors introduced d tata indica –its brain child. He has expertise in specific functional area and is known as eminent industrialist with wide business experience across a variety of industries.
When Ratan Tata took over in 1991, less than 5% of the group''s revenue i.e R14,000 crore came from overseas. When he retires on his 75th birthday, nearly half of the group''s revenue i.e R,554,00 crore ($100.09 billion) revenue comes from overseas. Tata knew from the beginning that the group will need global technologies to stay competitive in a post-liberalised India. The global acquisition spree began with Tata Tea''s acquisition of Tetley group in the UK for $430 million.
In jan 31st 2007 under rattan tata’s chairman ship the compny