Saturday , November 23 2024

Important decisions of Ratan Tata: From the acquisition of Jaguar Land Rover to the launch of Nano.

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Mumbai/New Delhi, 09 October (HIST). Padma Vibhushan Ratan Tata, one of the country's biggest industrialists, died late on Wednesday night at the Breach Candy Hospital in Mumbai at the age of 86. Under his leadership, the Tata Group has played an important role not only in doing business but also in improving healthcare and education in India. Ratan Tata was known for his business empire and his strong work ethic, from the launch of the country's cheapest car Tata Nano in 2008 to the acquisition of Jaguar Land Rover, one of the world's most popular luxury car brands. Will go. Who will be the successor of Ratan Tata, who will take over the empire worth Rs 3800 crore?

Ratan Tata's early life and education

Born on December 28, 1937, to Naval Tata and Sunu Tata, Ratan was the great-grandson of Tata Group founder Jamsetji Tata. His parents separated when he was ten and Ratan Tata was raised by his grandmother. Ratan Tata did his early education from Campion School, Mumbai. He completed his studies till 8th class from here. After this, he went to Cathedral and John Connon School in Mumbai and Bishop Cotton School in Shimla for further studies. After this he received education at Riverdale Country School, New York City. He has also been an alumnus of Cornell University and Harvard Business School. In 1991, at the age of 21, he was made the chairman of Tata Group.

Took over the post of Chairman of Tata Sons and Tata Group in 1991

Ratan Tata took over as the Chairman of Tata Sons and Tata Group in 1991. He led the Tata Group for 21 years and took it to great heights. Under his able leadership, Tetley Tea, Jaguar Land Rover and Corus were acquired. Tata Nano car was the dream project of Ratan Tata. Under his supervision the Tata Group has expanded into more than 100 countries. Ratan Tata, who was a bachelor all his life, has been very popular on all social media platforms including Twitter i.e. X Post. He has more than 13 million followers on X, while around 10 million people follow him on Instagram.

Launch of country's cheapest car Nano

Ratan Tata once saw four members of a family getting wet on a scooter in the heavy rain of Mumbai. Ratan Tata was so disturbed by this scene that the very next day he called the engineer and asked him to make the cheapest car in the country. This is where Tata Nano started. The country's cheapest car Tata Nano was launched in 2008. Nano car is also called Lakhtakiya car. However, people did not like this car very much and Tata Group had to stop its production in the year 2020.

Acquisition of world popular brand Jaguar Land Rover

Jaguar Land Rover, one of the world's most popular luxury car brands, is owned by Tata Motors. Ratan Tata, former chairman of Tata Sons, may no longer be with us, but he has left behind a rich legacy. One of these is Jaguar Land Rover, which Ratan Tata bought in 2008. It was under the leadership of Ratan Tata that the Tata Group decided to acquire luxury car manufacturer Jaguar Land Rover. JLR was acquired by Tata for $2.3 billion. Jaguar Land Rover achieved its highest revenue of 29 billion pounds in the financial year 2024, in which the company's total dividend is 2.6 billion pounds.