Here, we know about the success story of Ratan Tata (Great Indian Entrepreneur). Ratan Tata was born on 28 December 1937 in Bombay (Mumbai). He was born in a Parsi family. His father’s name was Naval Tata and his mother’s name was Sonu Tata.

Ratan Tata Net Worth

Ratan Tata started his school from Cathedral and john Kenan school. And after that he studied from Visab Cotton School Shimla. In 1948 Ratan Tata lived with his grandmother due to his parents divorced. So this was about the Childhood of Ratan Tata.

Ratan Tata also got an offer from the IBM computer company which was one of the largest companies of hardware and computer at that time and he works only 15 days for IBM companies.

For his architecture studies Ratan Tata goes to America at the Cornell University of America. He was worked part-time in a hotel and other fields. And in 1959 he gets his Architecture degree. And in 1961 Ratan Tata started working in his own Tata group of steel. And in 1971 he started in a radio company which was NELCO this company was suffering from too much loss at that time. But later NELCO became the turing point in the success story of Ratan Tata. 

And then he appointed as the Director-in-charge of the NELCO which was the National Radio & electronic company limited which was the struggling finances company at 1971 he always know the upcoming period is the period of the Electronic devices

And after that, he thinks about the changing period of that time he knows the period of 1970s is changing period for transistors but the NELCO always follows the old strategies and NELCO was unable to adopt this new changing period and after that Tata think about to change the strategies of this company & this period is the turning period for the TCS.

After 2 years Ratan Tata built this company NELCO and make this company share from 2% to 20%. But due to some government policies this company was closed. This was the first failure in Tata’s life. And after that Ratan Tata got his management degree from Harvard University.

In 1977 Ratan Tata got the responsibility of Tata Express Mill which was in a huge loss at that time. He requests to invest 50 lakhs rupees on that company to run the management but the investors reject this offer. And after some time, this company was also closed and this was the second failure if his life.

And then he starts the collaboration with the world’s most top entrepreneurs like Bill Gates and rises the computer sector and engineering sector of India.

And after that he succeeded in improving the financial success of industries and expand or boost up the growth of the organization under his leadership. And he also changes the management and vision of the division, and managed to bring in significantly larger dividends and rise up the revenue of Tata groups and that why he is known as the great Indian entrepreneur.

They made five principals for every employee which are – Integrity, responsibility, understanding, equality and unity. But some of the top-level management is opposed to these principals but he makes the changes from the basics for Tata groups.

Many of you want to know who is the current chairman of Tata Groups. Natarajan Chandrasekaran was current chairman of Tata Groups. Mr. Chandrasekaran is 53-year-old as the best-known face of Tata Groups & Sons. He joined Tata Groups three decades ago and now he is the chief executive of Tata Consultancy Services (TCS) which is one of the best IT service providers.

And after sometime Ratan Tata invests his all amount of money in this car manufacturing company and launched a new model of Indica which was Indica V2 in a market and which was a successful car proved in a market.

In 1998: The Tata Indica, the conglomerate’s first passenger car, was launched this year. This car went on to become the No. 1 brand in its segment within two years.

In 2001: Tata AIG, a joint venture between the Tata groups and America International Groups Inc (AIG), marks the re-entry of the Tata group into the insurance sector.

Many of you heard about the Tata Nano car the best affordable car for middle-class people but few of you know about Why Tata Nano failed? So lets know. This great Indian entrepreneur always thinks for the common man or middle-class peoples and that’s why he launched Tata nano car at an affordable price for middle-class peoples.

This great Indian entrepreneur also started the Tata Trust to do the social service by his profit and donate most of his company profit for social service.

And the most contributed part of the Tata Groups and Sons was that they always think about their employees because they always provide the best facilities and perks to their employees and this was also a reason why he is also known as great Indian entrepreneur.

Tata works more than 100 sectors like consumer products, engineering goods and telecom goods also that’s why he is a great Indian entrepreneur.

He is known as a great Indian entrepreneur because he believes that success is the best revenge.

If we take the personal life of Ratan Tata Many of you want to know that is Ratan Tata married or not? He is unmarried but in an interview he said that “he was fall in love four times in life”. His favorite color is White also Ratan Tata loves to spend his holidays in Calfornia. Ratan Tata has its own car collection in which the world’s most expensive cars are included like Land Rover Freelander, Mercedes Benz S-Class, Jaguar XF-R, Ferrari California and many more. Tata spent most of his time with his dogs and pets. So this about the personal life of Ratan Tata and success story of Ratan Tata.