How Ratan Tata built an empire
The amazing story of how Ratan Tata built an empire – by Meenakshi Radhakrishnan-Swami, Rashmi K Pratap, Mohammed Ekramul Haque and Ajita Shashidhar
In the past decade — the decade that marked the glorious years of Ratan Tata — nearly $18 billion was shelled out to acquire 22 companies worldwide, including Tetley Tea and Corus Steel in the UK, New York’s Pierre Hotel and Jaguar Land Rover.
The Tata Group includes India’s largest private steel company, the biggest auto manufacturer and the largest IT outsourcing firm.
“Ratan Tata outperformed JRD. He toppled people as strong as Russi Mody, thought out of the box and came up with path-breaking concepts like the Nano,” says Bala V Balachandran, faculty member at Kellogg School of Management, and dean of the Great Lakes Institute of Management.