Skip to main content

The Success Story of Ratan Tata and his Life Lessons

Ratan Tata
Ratan Tata (Picture credit: Wikimedia Commons

Welcome to Youth Motivator. I would like to tell you the success story of Ratan Tata and his company Tata Group, a multinational conglomerate company.
Ratan Tata could easily be one of the world’s top three richest persons, but he chose to touch billions the lives of billions of people instead of accumulating billions of dollars in bank.

A brief introduction of Tata Group-

  • Tata (Tata Group) is a well-known brand; almost every Indian is familiar with the Tata brand.
  • They are omnipresent and sell everything from tea to trucks.
  • Tata is the India’s fourth largest company. The man behind this massive company is Ratan Tata.
  • Now, the revenue of the Tata Group is over 110.7 billion dollars and it employs more than 700,000 employees worldwide.
  • Tata group is doing businesses successfully in over 150 countries.
  • Now, Tata Group is running over a hundred businesses, some of which include Tata Motors, Tata Steel, Tata Consultancy Services, Tata Chemicals, Taj hotels, Titan, Tata Sky, etc.

Let us know more about the company which has a great history of 151 years and the leader who took the Tata group to such great heights.

A very humble beginning-

The Tata Group was initially started as a cotton mill in 1868 by Jamsetji Tata.
Tata group later introduced many new businesses to India and are helping greatly in the development of the nation.

Being the first-

The first airline in India was started by Tata. Now, this airline is known as the Air India and is run by the government of India.
Also, Tata established the first steel plant in Asia.
After the completion of the Second World War, Indian government took over the airlines. 

 Introduction- About Ratan Tata

Ratan Tata was born on 28 December 1937 in Mumbai in a wealthy family. When he was of 10 years of age, his parents got separated from each other, so he was raised by his grandmother.
He graduated in engineering from the Cornell University in USA.
Ratan Tata was offered a great job in IBM. But he declined the offer and instead chose to return to India and join Tata steel as advised by JRD Tata (Jehangir Ratanji Dadabhoy Tata).

Starting small-

He began his career as an apprentice in the Jamshedpur steel plant.
After working for a few years, in the year 1991 he was appointed as the chairman of the Tata group by JRD Tata.
But the majority of the board members opposed this decision; they voiced their concerns that handing over the billion dollar business to an inexperienced person is not a wise decision.
But Ratan Tata proved his doubters wrong by his achievements and workmanship.
Under his chairmanship, the group expanded very rapidly and he took the group to great heights.
And now Tata has successfully established a world-wide business empire.

The less known billionaire-

Ratan Tata could definitely be in the list of top three richest persons of the world, if he had not donated majority of his wealth to the charities.
He was never been listed in the billionaires list of India and the world, the only reason behind this is the 66 per cent of the profits are passed to the Tata Trusts, which runs many non-profit organisations.
The Tata Trusts have been servicing the nation tirelessly for over a hundred years.

Failures as the stepping stones of success-

Ratan Tata in his business life encountered many hurdles and hardships.
In the year 1998, Ratan Tata introduced Tata Indica cars. But unfortunately, these cars failed miserably in the first year of their launch.
After experiencing this failure, everyone suggested Ratan Tata to sell the cars business, to which he agreed.
So, Ratan Tata and his team went to the Ford Motor Company in USA to sell the Tata Indica cars business to them.
But in that meeting the chairman of Ford, William Clay Ford Jr. humiliated Ratan Tata and his team by saying “why did you enter in the passenger car business when you were not knowing of it. It will be favor if we buy this business from you”.
So, Ratan Tata left the meeting and returned India along with his team.

Acquiring Jaguar Land Rover-

After a few years, the car business of Tata became profitable whereas the Jaguar Land Rover brand of Ford was in deep neck losses.
At this time, Ratan Tata offered Ford to purchase this loss making car brand.
After which, the Ford team travelled from USA to India to sign this deal.
The Tata acquired the Jaguar Land Rover brand for 2.3 billion dollars and worked around to make this brand profitable.
So, Ratan Tata answered the person who insulted him in his signature way.

Making Tata a truly international brand-

Ratan Tata also took over many other big companies like Corus Group, a European steel company (now Tata Steel Europe), Tetley an England brand, etc.
He merged Tetley with the Tata Tea; this merger made the Tata Tea the biggest tea company in the world.
So, at one time India was ruled by British people but now Tata is employing many Britishers.
Ratan Tata has also acquired 22 other multinational companies and merged them into the Tata group, this made Tata a truly international brand.

Happiness over wealth-

The main goal of Tata is not to make India an economic superpower but is to make India a happier country.
To achieve this goal they established many trusts and have worked for the betterment of poor and middle class.
A very good example for this is launching Tata Nano, the world’s most affordable car.

The world’s most affordable car-

Once, Ratan Tata was travelling in his car. Suddenly, he noticed the hardships of a scooter rider, who was struggling to drive his scooter; while carrying his wife and his two children on a small scooter in rain.
This scene sparked him to manufacture a very affordable car which can be afforded by the lower middle class. So, a car was decided to be manufactured at just one lakh rupees.
When Ratan Tata pitched his idea to his team, almost everyone said that it is impossible to manufacture a car at such a low price.
But Ratan Tata wanted to help the poor people, who only dream of owning a car but cannot afford it.
So, he stood steadfast on his decision, which finally yielded results.

Tata Nano, the world’s most affordable car was launched on January 21, 2007, this took the world by surprise, as no one ever believed that a car at such a price would be possible.
But due to some reasons, the Tata Nano failed to make a significant mark in market.
By manufacturing Nano, the Tata motors incurred heavy losses in billions of dollars.
But they did not stop manufacturing these cars, as this was the dream project of Ratan Tata. Rata Tata always dreamed to realise the dreams of a poor man who longed to own a car.
Tata Nano also faced many major setbacks; like in West Bengal the people opposed the Nano car manufacturing plant, when the plant was completely constructed.
This incident forced the whole manufacturing plant to shift from West Bengal to Gujarat.

Sacrificing lives for values-

In the year 2008, the Taj Mahal Palace hotel of the Tata group in Mumbai was attacked by a group of terrorists.
During the terror attack in the hotel, the employees of this hotel focused on protecting the lives of almost 1500 visitors by risking their own lives.
Some of the Taj employees sacrificed their lives to protect the lives of innocent people from the terror attack.

Age is no bar-

Ratan Tata is a very active person, even today at the age of 81 years; he drives high-speed Falcon jets, helicopters and super cars.

Encouraging young entrepreneurs-

Ratan Tata believes that the young generation has the potential to drive the country forward, so he encourages the young entrepreneurs by investing in their start-ups.
He invested in many start-up companies like Snapdeal, CarDekho, Paytm, Ola Cabs, Xiaomi, etc.
He has invested in over 30 start-ups.

The one and only company-

The main difference between the Tata and other companies is that unlike other companies Tata never focused on accumulating personal wealth but instead focused on giving back to the society and its people.
Tata is the one and only company, which expends 66 per cent of its profits for the welfare of society.
All these contributions and efforts have won the hearts of billions of people, and today Tata is one of the most revered and trusted brands.
Honesty and great values are the core values of the Tata group.

Philanthropic activities-

Tata Trusts are striving to provide education, employment, and health to the poor people living in the far-flung areas of the country.
Tata Trust is also providing scholarships to many Indian students studying abroad.
Ratan Tata also donated 50 million dollars to the Harvard University, USA.
Out of respect to Ratan Tata, the Harvard University, named one of its buildings as the Tata Hall in Allston, Massachusetts.
He also donated over 1000 crores for the cancer patients as a diwali gift.
Ratan Tata has been awarded with many prestigious awards like Padma Bhushan and Padma Vibhushan for his notable contributions.
Also, many universities all around the world honoured him with doctorates.
Ratan Tata is the role model for the whole industrial world. India is very proud of him and his contributions.
Ratan Tata is a very humble and down to earth person; this made him the role model to billions of people.
Ratan Tata is the India’s most favourite and respected businessman.

Thank you very much for reading. Please visit my blog and share the content, follow this blog as I will be updating my blog on a very regular basis with interesting information. And also, subscribe to my blog.
Feedback from readers is highly appreciated; it helps me to deliver better results to you.

Once again thank you for your time


Popular posts from this blog

The Splendid Spiritual Saga of Sadhguru

Welcome to Youth Motivator. I would like to tell you the interesting story of Jaggi Vasudev and how Jaggi Vasudev became Sadhguru. This article will help you to cultivate a feeling of spirituality and provide you with spiritual motivation. Sadhguru is an Indian mystic, yogi, philanthropist and author. Introduction -Jaggi Vasudev (Sadhguru) was born on 3 September 1957 in Mysore, Karnataka, India. Until the age of 19 years, Sadhguru did not spoke much and was very silent. Sadhguru did not spoke much because he realised that he didn’t know about anything. He realised this when he was 4 years old. Paying the complete attention -Sadhguru spent most part of his childhood paying attention to whatever he encountered. If he saw a glass of water, he used to stare at it for hours and during night he used to gaze at the darkness for the whole night. And when Sadhguru opened a book to read, he would immerse himself in focussing on a small tiny dot on a page for several hours and he would fail to read ev…

The Success Story of Ola Cabs-The Startup which Became One of the Fastest Achievers of the Unicorn Status

Welcome to Youth Motivator. I would like to tell you the success story of Ola Cabs. Unicorn status means achieving one billion dollar valuation by a privately held startup. Ola Cabs is one of the fastest achievers of the unicorn status in India. Ola Cabs is also the India’s first taxi aggregator company. This is the interesting case study of Ola Cabs. Introduction-Ola Cabs was co-founded by Bhavish Aggarwal and Ankit Bhati, the alumni of IIT (Indian Institute of Technology) Bombay. Bhavish Aggarwal completed computer science and engineering in 2008 from the prestigious IIT. He started his career in the Microsoft Research centre. Bhavish Aggarwal studied in an IIT, where the spirit of entrepreneurship is induced by regular seminars on topics like entrepreneurship and business. By listening to these speeches, Bhavish Aggarwal decided in his college days that, one day he will definitely become an entrepreneur and stand on his own feet. The sooner, the better-He strongly felt that if he didn’t tak…

The Success Story of PUBG- The World's Most Popular Battle Royale Game

Welcome to Youth Motivator. I would like to tell you the success story of PUBG. PUBG is also known as PlayerUnknown's Battlegrounds. Let us know how a passionate photographer is the reason for the popularity of PUBG. This game has become so popular, so much that you can observe many people playing PUBG on their mobile phones, personal computers, laptops and gaming consoles. The current generation of young people daily spend at least some amount of their time for playing this game. Even some people have become addicted to this game. Let us also know how PUBG was very effectively marketed on a low budget, which is the main reason for the success of the PUBG game. Let us learn how the company which created this game is earning billions of dollars through this game. Introduction-Brendan Greene, an Irish national is the creator of the PUBG game. Brendan Greene graduated in fine arts and later went on to become a web designer. He also learned professional photography. As he was himself an avid v…

Becoming the World's Most Valuable Start-up- The Story of ByteDance (The Owner of TikTok)

Welcome to Youth Motivator. I would like to tell you the success story of a very popular and controversial application, TikTok. Let us know how the company which offers TikTok has been valuated at a whopping 75 billion dollars. TikTok is a very popular social video app; more than 500 million youngsters use this app for creating and sharing short-duration videos. TikTok has been one of the most downloaded apps on the Google Play and App Store. By reading this post you will get to know very interesting facts and will gain insights on how this app grew so rapidly worldwide. The start-TikTok was initially started as an educational project. In the year 2014, two friends namely, Alex Zhu and Luyu Yang decided to develop an educational app. These two friends observed that at those times the educational videos were too lengthy. So, an idea sparked in their minds that they will produce short educational videos which would range in between 3 to 5 minutes. Alex Zhu and Luyu Yang thought that this short …

The Success Story of Elon Musk- The Most Revolutionary Risk-taking Entrepreneur Ever

Hello, welcome to Youth Motivator. Today, I would like to share with you the very inspirational story of Elon Musk. The biggest risk in our lives- Do you know who are under severe risk? The people who don’t take any risk in their lives and don’t leave their comfort zones. All the great people took risks in some part of their lives to attain great success. Introduction- Now, I am going to tell you about a famous personality who is a life-long risk taker. Yes, he is Elon Musk, the legend who is changing the world and one of the few peoples on earth who has potential to change the world. Elon Reeve Musk was born on June 28, 1971 in Pretoria, Transvaal, South Africa. His parents got divorced when he was just 10 years. He used to live with his father after their divorce. Since his childhood, Elon Musk used to show great interest in science and computers. Creative since childhood- He learnt computer programming and coding on his own, when Elon Musk was a kid. He created a game by name Blastar…

The Very Motivational Story of Cristiano Ronaldo

Welcome to Youth Motivator. I would like to tell you about the world’s favourite footballer Cristiano Ronaldo. Introduction-Cristiano Ronaldo dos Santos Aveiro was born on 5 February 1985 in Funchal, Madeira, Portugal in a very poor family. Because of the poverty, they used to daily face struggles. His father,José used to work as a gardener and as a kit man in a football club, on a very low pay. His job as a kit man was to supply kits to the football players and clean their rooms. José was very sad because he had not achieved anything meaningful in his life and he cannot properly feed his children because of poverty, so he became an alcoholic. Even though he was an alcoholic, he took good care of Ronaldo. The football game was introduced to Ronaldo by his father. Since, his childhood Cristiano Ronaldo did not show much interest in education but had a great passion for football. And he used to play football really well. Making his own football-But due to poverty, Ronaldo’s father José could no…

The Inspiring Story of Xiaomi (Mi)- A Very Successful Start-up

Welcome to Youth Motivator. I would like to tell you the success story of Xiaomi. This start-up company became the world’s fourth largest smartphone manufacturer within just eight years of entering the smartphone market. Xiaomi is a Chinese tech giant, headquartered in Haidian District,Beijing, China. Introduction-About the founder-Lei Jun was born on 16 December 1969 in Xiantao, China. He attended Wuhan University. In in the year 1992, he started his career as an engineer in Kingsoft. Lei Jun was so capable, that in the year 1998 he became the CEO of Kingsoft. So, it took him just six years to become the CEO. And in the year 2000, Lei Jun founded, an online book store. This initiative by Lei Jun was very successful and in the year 2004, he sold to for 75 million US dollars. After tasting this success, Lei Jun decided to do something bigger. The story of Xiaomi-On 6th April 2010, Lei Jun along with a team of 7 members founded Xiaomi Company with an initial investment…

The Inspiring Story of OYO- On the Path of Becoming the World’s Largest Hotel Chain

Hello, welcome to Youth Motivator, here I would like to tell you the success story of Ritesh Agarwal and his start-up OYO. Introduction Ritesh Agarwal is the founder and CEO of OYO. He is of 25 years. He was born in Bishama Katek, Orissa, India in the year 1993. Now OYO has around 450,000 rooms, in several countries like India, China, United Kingdom, Japan, UAE, etc. OYO is already the Asia’s largest hotel chain with around 90 per cent occupancy rate. Today, the net worth of Ritesh is 37,36,72,000 USD. How all of this started? From his childhood Ritesh wanted to become an entrepreneur. He got to know about the term entrepreneur from his elder sister, who once attended the entrepreneurship fest in an engineering college. He did not know the meaning of entrepreneur, so he looked for this word in Oxford Dictionary and found that an entrepreneur is somebody who solves a problem and makes a business along with it. Ritesh was so captured of becoming an entrepreneur that he told everyone tha…

The Inspiring Story of Dhirubhai Ambani – A Must Read for Every Entrepreneur

Welcome to Youth Motivator. I would like to tell you the success story of Dhirubhai Ambani which proves that where there is a will, there is a way. This is a must read for everyone, as this story is filled with motivation. Ambani became one of the greatest businessmen who redefined the meaning of the business despite lacking financial support, family background and education from the prestigious business schools. He achieved great heights with his indomitable will-power and dedication. Ambani is the founder of the Reliance Industries Limited, one of the world’s largestmultinational conglomerate companies. Now, the total assets of the Reliance Industries Limited are more than US$140 billion. Before starting Reliance Industries Limited, Ambani did several jobs. Introduction-Dhirajlal Hirachand Ambani (Dhirubhai Ambani) was born on 28 December 1932 to Hirachand Gordhanbhai Ambani and Jamnaben Ambani in Chorwad, Junagadh district, Gujarat in a poor family. His father, Hirachand Gordhanbhai Ambani…

The most Inspiring story of a 28 year old Blind CEO- The True story behind the Bollant Industries

Hello everyone, welcome to Youth Motivator.Today, I am going to tell you about a blind person who has achieved great success with his confidence and persistence. Even when society treated him cruelly, he gave back his valuable contributions to the society and helped to motivate the physically handicapped people all around the world. 
Even though he was hated by the society his parents always supported his endeavours and stood by his back.Srikanth Bolla was born blind; from his childhood he was widely discriminated in the society. 
He at a very young age established a company worth many billions, which even normal people find very difficult to do. Most of the people only think of doing great things but they lack the courage to realise their dreams, here you will know how a person with disability and constant humiliation by society achieved great feats at such a young age.
 He later on went to establish a company which not only proved his worth but he also employed numerous disabled people…