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companies to think beyond established
norms. Even in industries like steel and
automobiles, his focus on advanced
manufacturing techniques, sustainability,
and future-proofing operations became the
gold standard for Tata companies.
Ratan Tata’s vision extended far beyond
the Indian subcontinent. He dreamt of
transforming Tata from a respected Indian Image courtesy: @ratantata/Instagram
brand to a global force. One of Ratan Tata’s
pivotal moves was to internationalize
TCS’s operations. His global ambition
further led to several landmark
acquisitions, each one carefully chosen One of his most ambitious projects
to complement the group’s capabilities was the Tata Nano, a car that aimed to
and extend its reach. The acquisition of make safe mobility accessible to millions
Tetley in 2000 was the first step in this of Indian families. The Nano was a
direction. With this bold move, Tata Tea manifestation of Ratan Tata’s ingenuity
positioned itself as a global player. This and passion for engineering. Although
was followed by the purchase of Corus in it faced numerous challenges and didn’t
2007, a transaction that catapulted Tata achieve commercial success, the Nano was
Steel into the ranks of the world’s largest a testament to his belief in delivering value
steel producers. But the acquisition that through resourceful engineering.
truly showcased Ratan Tata’s strategic His passion for innovation remained
audacity was Tata Motors’ purchase of strong as ever even after his retirement.
Jaguar Land Rover in 2008. Amidst a He was the country’s most sought-after
struggling automotive market, he saw angel investor and played an active role in
an opportunity to own two iconic British mentoring several new-age ventures. He
brands. Many critics doubted the move, was one of the early backers of tech-leaders
questioning its timing and feasibility, but
Ratan Tata’s bet paid off, turning JLR into
a hugely profitable entity and enhancing
Tata Motors’ stature as a global automotive
player.
Innovation was always close to Ratan
Tata’s heart. He envisioned Tata
companies as industry leaders, not just
in market share but in their approach to Image courtesy: Inc42.com
innovation and technology. He fostered
a culture of creativity, encouraging Tata
SENIORS TODAY | ISSUE #64 | OCTOBER 2024 7