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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
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