Ratan Naval Tata, born on 28 December 1937, is an Indian businessman who became chairman of the Tata Group 1991 and retired from all executive responsibility in the Tata group in December 28th 2012, his 75th birthday, and he is succeeded by Cyrus Mistry, the 44-year-old son of Pallonji Mistry and managing director of Shapoorji Pallonji Group.
Tata began his career in the Tata group in 1962. He
initially worked on the shop floor of Tata Steel, shoveling limestone and
handling the blast furnace.
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In 1991, JRD Tata stepped down as Tata Industries chairman, naming Ratan Tata as his successor. He was heavily criticized for lacking experience in running a company of the scale of Tata Industries. But over the years he went on taking bold decisions at tata group and increased group's revenue manifold totaling over $100.09 billion in 2011-12.
In 1991, JRD Tata stepped down as Tata Industries chairman, naming Ratan Tata as his successor. He was heavily criticized for lacking experience in running a company of the scale of Tata Industries. But over the years he went on taking bold decisions at tata group and increased group's revenue manifold totaling over $100.09 billion in 2011-12.
Read more about the man behind Tata Empire in this small biography featuring his carrer and childhood pics: Ratan Tata Biography PDF
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