Ratan Tata
Ratan Tata
Ratan Naval Tata GBEis an Indian businessman, investor, philanthropist and chairman emeritus of Tata Sons. He was the chairman of Tata Group, a Mumbai-based global business conglomerate from 1991 till 2012, and continues to head its charitable trusts...
NationalityIndian
ProfessionEntrepreneur
Date of Birth28 December 1937
CitySurat, India
CountryIndia
believe player thinking
At Tatas, we believe that if we are not among the top three in an industry, we should look seriously at what it would take to become one of the top three players.. or think about exiting the industry
thinking competition quality
I think the environment has become more competitive. That has made Indian industry more concerned with a) its customers, b) the quality of its products, and c) its brand image in the marketplace.
thinking hands law
We like to say that India has the advantage of being a large market. We have provinces, we have the rule of law, we have a system of justice. But those are also weaknesses when compared with China. On the other hand, one of our strengths is that we are very individualistic, and as individuals we are very creative. But that, too, is a weakness, because it keeps us from working well together. Everyone thinks only about his own profit.
children thinking people
When you see in places like Africa and parts of Asia abject poverty, hungry children and malnutrition around you, and you look at yourself as being people who have well being and comforts, I think it takes a very insensitive, tough person not to feel they need to do something.
independent thinking self
I think the Tata Group's greatest contribution to the growth of the Indian economy and Indian industry probably happened in the pre-independence era. The Group's investments in industries such as steel, textiles, power and hotels were certainly driven by an entrepreneurial spirit, but they were driven even more, I think, by a desire to make India self-sufficient and independent of its colonial masters then.
country taken thinking
I've never believed protectionism of that kind will lead us anywhere. I think you can have certain specific rules for engaging with India.. for example, not allowing mineral resources to be taken out of the country.. but there is not a shred of doubt in my mind that when you open an economy you should do it in totality. Foreign investment adds a sense of competition; we should see this as a wake-up call to modernise and upgrade. Companies that do not will undoubtedly die.
thinking years shoes
I followed someone who had very large shoes. He had very large shoes. Mr. J. R. D. Tata. He was a legend in the Indian business community. He had been at the helm of the Tata organization for 50 years. You were almost starting to think he was going to be there forever.
country thinking india
I have always been very confident and very upbeat about the future potential of India. I think it is a great country with great potential.
thinking able way
There are many things that, if I have to relive, maybe I will do it another way. But I would not like to look back and think what I have not been able to.
baby thinking steps
I have also made this a point in our company: We need to stop taking baby steps and start thinking globally. It really seems to be helping.
taken thinking people
I came seriously close to getting married four times, and each time I backed off in fear or for one reason or another. Each occasion was different, but in hindsight when I look at the people involved, it wasn't a bad thing what I did. I think it may have been more complex had the marriage taken place.
responsibility government balance
We're responsible for the fortunes of the company but this is a bone-dry situation in terms of access to credit. Nobody can operate on that basis unless you have large cash balances, which we don't. My concern is that the government doesn't appear to care about manufacturing.
encouragement real war
Britain needs a real push. It needs nationalism. The sort of spirit that comes during a war. It needs people really to want to see the UK sitting again, maybe not as a colonial power, but as an economic power.
two car would-be
I have two or three cars that I like, but today, Ferrari would be the best car I have driven in terms of being an impressive car.