Our salute to Mr. Ratan Tata.
A Salute to Indian Iconic Business Leader, Mr. Ratan Tata.
- Chairman of the Tata Group, 1991-2012.
Ratan Tata, the philanthropist and former chairman of Tata Group who has died aged 86, played an instrumental role in globalising and modernising one of India’s oldest business houses.
At the turn of the millennium, Tata executed the biggest cross-border acquisition in Indian corporate history - buying Tetley Tea, the world’s second largest producer of teabags. The iconic British brand was three times the size of the small Tata group company that had bought it.
In subsequent years, his ambitions grew only bigger, as his group swallowed up major British industrial giants like the steelmaker Corus and the luxury car manufacturer Jaguar Land Rover.“The JLR takeover was widely seen as 'revenge' on Ford, which had derisively refused to acquire Tata Motors in the early 90s and then was beaten to the punch on the deal by Tata Motors. Taken together, these acquisitions suggested that Indian corporates had 'arrived' on the global stage just as growth rates were picking up and the liberalising reforms bearing fruit,” says Mr Raianu.
1991: Ratan Tata took over as Chairman of Tata Sons and Tata Trusts. He began restructuring the Tata Group during a pivotal time coinciding with India’s economic liberalisation. That same year, Tata Motors, then known as TELCO, entered the passenger vehicle market.
2012: In a landmark move, Ratan Tata facilitated a 50:50 joint venture between Starbucks Coffee Company and Tata Consumer Products. Tata Starbucks now operates over 390 stores across 54 cities in India, employing approximately 4,300 partners who represent the brand.
At SANDA Brands, here’s our association with the TATA Group.
Simrita, our founder worked with Mr. Marvin Traub on the Ralph Lauren and Coach Brands, representing the Tata Group to these international luxury brands.
Robert Holdheim, Sanda’s partner and advisor, has been instrumental in the Tata Starbucks Joint Venture in India.
We, at Sanda Brands, salute an outstanding leader and a visionary - Mr. Ratan Tata.
Never underestimate the power of kindnesss, empathy, and compassion in your interactions with others. - Ratan Tata.
