Ratan Tata

Ratan N Tata (born in Mumbai December 28, 1937) is the present Chairman of the Tata Group. He received a degree in architecture from Cornell University in 1962, and completed an advanced management program from Harvard University in 1974-1975. Tata received an offer of employment from IBM, but he turned it down after J. R. D. Tata advised him to do so.

In 1962, Ratan joined the family business. In 1991, he took over as group Chairman from the legendary J.R.D. Tata. Since then, he has been instrumental in reshaping the fortunes of the most respected conglomerate of India. The Tata Group has the largest Market Capitalisation Value in the Indian Share Market.

Under him Tata Consultancy Services went public and Tata Motors was listed in the New York Stock Exchange. His dream is to manufacture a car costing Rs 1 lakh (approx. US $2200). In 1998, Tata Motors introduced his brainchild, the Tata Indica. Ratan retired from his executive post in 2003 (after turning 65), as per the rules set by him.

Mr. Tata was honored by the Government of India with the Padma Bhushan on January 26, 2000, on the occasion of the 50th Republic Day of India.

He is a bachelor and lives at Juhu in Mumbai.