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Ratan Naval Tata is a well-known industrialist, philanthropist, and chairman of the Tata Group. He graduated from Cornell University (1959) and Harvard Business School (1975). He is the son of Naval Tata and Sooni Tata.
Ratan Tata is one of the most successful businessmen and tycoons in India. He is also one of the richest people in India. Besides his success, he is also known for his simplicity and involvement in social activities.
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Achievements
Ratan Tata is a qualified architect and structural engineer. He later pursued management at Harvard University. In 1962 he joined his first job in the steel division in Jamshedpur. Through his hard work, he became the chairman of the Tata Group, one of the biggest companies in India.
Thanks to the leadership of Ratan Tata, the Tata conglomerate has grown on a global scale. It is now a leading industry in the production of steel, tea, teleservices, cars, and hotel services.
The Tata industry is also well known for high-quality steel in India at an affordable rate.
Philanthropy
Ratan Tata is a charitable entrepreneur who always donates to worthy causes. 66% of Tata Group’s profits are donated for charitable purposes and public welfare.
Ratan Tata is also known for starting projects for the betterment of Indian citizens. Under his leadership, the Tata Group designed the Nano, India’s most affordable mini car. The company also created low maintenance and affordable water purifiers named Tata Swach.
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Conclusion
Ratan Tata is an ethical businessman whose contributions and leadership have positively impacted society. We honour Ratan Tata, his philanthropic measures, and his success in the business industries of India.
FAQs
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Who is Ratan Tata?
Ratan Tata is the 5th Chairman and Chairman Emeritus of the Tata Group of Industries.
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What is Ratan Tata’s net worth?
By 2010, it stood at around $291 billion, and by 2021, it was around Rs 3500 - 6000 crore.
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Why is Ratan Tata’s net worth low?
Ratan Tata’s net worth is low because he donates the majority of his earnings to the philanthropy activities of Tata Trust Funds.
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What are the awards won by Ratan Tata?
Along with winning multiple awards from global organisations and universities, he has won the Padma Bhushan and Padma Vibhushan Awards.
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What is a philanthropy measure donated by Ratan Tata?
In 2014, Tata Group donated Rs. 950 million to IIT Bombay for TCTD. It was the largest donation ever received by this educational institute.
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