It’s Factual Friday, and we are here with another interesting read that will inspire and motivate the entrepreneur hidden in you. You read that right, this Friday we have some of the Interesting Facts about Ratan Tata. So, let’
Ratan Tata, a name that generally needs no introduction. This personality is often appreciated for his humbleness and down to earth attitude. Born on 28th December in the year 1937 in the Tata Family, Ratan Tata is an Indian entrepreneur, industrialist, and philanthropist. He has held the position of Chairman of Tata Group for almost two decades. His father Naval Tata is the adopted son of Ratanji Tata, who is the son of Jamsetji Tata. And this makes Ratan Tata the great-grandson of Jamsetji Tata.
Here are some of the interesting facts about Ratan Tata that should learn.
Interesting facts about Ratan Tata
Raised by her Grandmother, Navajbai:
When Ratan Tata was about 10 years, his parents Naval Tata and Soonoo got divorced in the mid-1940s. And then he along with his brother Jimmy were raised by their grandmother, Navajbai.
Schooling and Education of Ratan Tata:
Ratan Tata had his schooling at John Connon School in Mumbai. After schooling he a degree in Architecture and Structural Engineering from Cornell University in the year 1962.
Left a job offer from IBM:
Ratan Tata was supposed to join IBM. However, when JRD Tata, the then-chairman of the Tata Group, asked him to join the family business, he left the job offer from IBM and joined the family business in December 1962.
Ratan Tata’s First job was at the Tata Steel:
After agreeing to join the family business, Ratan Tata’s joined Tata Steel in the year 1961. He initially took up the responsibility to manage the blast furnace section and shoveled limestone at the Tata steel company.
He Failed in his very first Managerial Responsibility:
Often failures lead to disappointment for many. But this was not the case with Ratan Tata. Though he failed in his Managerial responsibilities at National Radio and Electronics (NELCO) and Empress Mills, he kept going.
A man who acquired many international brands:
Ratan Tata has inspired many entrepreneurs and industrialists by showing them that Indian companies have the capability to acquire some of the biggest international brands. Under his leadership, he acquired many international brands. In the year, 2000, Tata Tea purchased Tetley (that was founded in 1837, Yorkshire England). And In the year, 2007, Tata Steel acquired an Anglo-Ductch steel giant called Corus. Moreover, In the year 2008, Ratan Tata gained international attention by taking over a British Automobile company called Jaguar Land Rover. Consequently, All these takeovers played a phenomenal role in Tata’s growth over the years.
Ratan Tata is a Cynophilist:
The Tata family is known for their generosity and kindness towards stray dogs. The family has a tradition for letting stray dogs in during rainy seasons at their Bombay House. Continuing the same practice the Bombay House is now renovated specially for stray dogs. It is equipped with a play area, food, and water facilities for the dogs. Additionally, Ratan Tata has two pet dogs named Tito and Maximus.
He’s a Car Enthusiast and has a good collection of cars.
Ratan Tata is a Car Enthusiast. Some of his luxurious collections of cars include Jaguar F-Type, Jaguar XF-R, Maserati Quattroporte, Land Rover Freelander, Ferrari California, Mercedes Benz S-Class, Cadillac XLR, Mercedes Benz 500 SL, Honda Civic etc..
Visionary person and is known for keeping his promises:
It was Ratan Tata’s vision to see Cars become available at affordable prices to Indian consumers. The Idea of the World’s cheapest car was conceived when he saw a family drenching on a rainy day. With this in mind, he developed the vision to develop World’s cheapest car at an affordable price of One lakh rupee. With this intention, He promised to develop Nano car in the year 2009 and that’s how Nano Car came into existence.
He is also a skilled pilot:
Ratan Tata is also a trained pilot with a valid license. Furthermore, he is the first-ever Indian to Pilot F – 16 Falcon in the year 2007.
Ratan Tata donates 66% of his earnings in charity:
He is also a philanthropist who donates 66% of his yearly benefit to charity. In India, it’s only Ratan Tata, who has the generosity and philanthropic interest to give away his profits for charitable causes.
Gave away $50 million as a charity to construct an executive center for the Harvard Business School:
Ratan Tata also Gave away $50 Million as Charity to Construct an executive center for the Harvard Business School from where he completed his education. The Hall is now named after Ratan Tata as Tata Hall.
Recipient of many honors and awards:
Ratan Tata is also a recipient of many honors and awards that listing his honors and awards would take up a separate article. Here are some of the most prominent awards and honors in his name.
- Honorary Doctor of Business Administration by Ohio State University in the year 2001.
- Medal of the Oriental Republic of Uruguay by Government of Uruguay in the year 2004.
- Honorary Doctor of Science by Indian Institute of Technology Madras in the year 2006.
- Carnegie Medal of Philanthropy by Carnegie Endowment for International Peace in the year 2007
- Honorary Fellowship by The London School of Economics and Political Science in the year 2007.
- Grand Cordon of the Order of the Rising Sun in the year 2012.
- Ernst and Young Entrepreneur of the Year – Lifetime Achievement by Ernst & Young in the year 2013.
- Honorary Knight Grand Cross of the Most Excellent Order of the British Empire (GBE) by United Kingdom Government in the year 2014.
- Commander of the Legion of Honour by Government of France in the year 2017 etc.
And many such honors and awards.
Ratan Tata is also awarded highest country civilian awards:
This entrepreneur and philanthropist was also awarded the highest country civilian awards twice. He was awarded the Padma Bhushan (India’s third-highest civilian award) in the year 2000 and furthermore, he was also awarded the Padma Vibhushan (Indian’s second-highest civilian award) in the year 2008.
Made an Instagram debut and broke the internet:
Ratan Tata made an Instagram debut on 30th October 2019 and you’ll be surprised to know that he gained more than 350k + followers within few hours of his debut. Ever since he joined Instagram, he kept mastering his social media game and kept his followers fully engaged by positing throwback images of his college days, cute pictures of his dogs. His bio reads, ‘I made it to the ‘Gram!’ and as on 17th April 2020, he has about 2.2Milion followers.
Well, we hope that these facts about Ratan Tata has truly inspired you. For more factual stories and posts – click Factual Friday
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