Ratan Tata is the chairman of Tata Sons, the holding company of the Tata Group, India's largest and most successful business conglomerate. Under Tata's leadership, total revenues of the Tata Group have increased more than sixfold, to over $22 billion this year(2006).
The Tata Group now has over 90 operating companies, employing about 220,000 people in seven business sectors. It operates in more than 40 countries and exports to 140. Some of its biggest holdings are Tata Steel, Taj Hotels Resorts and Palaces, India's pre-eminent hotel chain, and Tata Motors, an automobile manufacturer whose products include the first car designed in India. The family business began as a textile mill, launched under British colonial rule in 1860 by Tata's great-grandfather. Tata joined the Tata steel division in 1962 and became chairman of the conglomerate in 1991.
Tata earned a bachelor of architecture degree at Cornell University in 1962 and completed the Advanced Management Program at Harvard Business School in 1974-75.
Then we come to values and principles. Over the 40 years that we've had licensing it has also been an area that has encouraged corruption because when you control a commodity, in this case the permission to manufacture you carry with it a certain power to give or to reject and through the years, th...(Full transcript available to logged in subscribers.).
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