IF it was a Tata, it was OK. Whether it was salt, steel or software, the Tata brand had infinite trust, an inherent honesty that millions of Indian consumers embraced blindly. A lot of credit for this goes to Ratan Naval Tata, who gave the behemoth the vision to do business his way.
The Tata Group was already a conglomerate when Tata took over its reigns from the group's patriarch JRD Tata in 1991. But the way he steered the group in the next three decades by taking it to uncharted export markets and at home, and the way the Tatas fought to be relevant and get into leadership position in an increasingly hostile and politically aligned business environment was due to Tata's dignified and firm personal traits.
Tata is known in the industry circuit as a reserved, humble and private person who did not like to display his wealth or power, cared for the company's employees, was an ardent animal lover and was also known to be a man of steely resolve. The industrialist-philanthropist repeated, at least on three occasions, that no one could make him agree to their demands by holding a gun to his head.
It is very difficult to build a mega business institution in India, as it is in many other countries, without the political clout of one party or the other. The Tatas largely managed to be neutral and cut business deals on their terms. The one instance when Tata ran into rough political weather was over his dream project-Tata Nano, the world's cheapest car.
This story is from the October 21, 2024 edition of Outlook.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the October 21, 2024 edition of Outlook.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Love in Bombay
In a city continuously grappling for space, lovers have found their own pockets of expression jostling against one another
Unscripted Moments
Street photography is all about finding the extraordinary in the ordinary, one candid moment at a time
Sambhal Files
An engineered silence weighs heavily on the stillness of the empty streets in the centuries-old town of Sambhal, Uttar Pradesh, where clashes with police over yet another 'mandir-masjid' dispute led to the deaths of local Muslim men
A State of Difference
What is about the Adivasis of Jharkhand that prevents the saffron lotus from blooming or even taking root, unlike in the Adivasi-majority seats of Chhattisgarh and Odisha where the BJP did exceedingly well in the past few years?
BJP Trumps Thackeray's Sena
The tables have turned on the original harbingers of communal politics in Maharashtra
Verses of Witnessing
The most imaginative chronicles of Mumbai's \"spirit\" come to us from the city's poets
Walking Through the Homes
Chandni Chowk is being usurped by a redevelopment model that will wipe out its unique blend of history, culture and commerce
Cost of Living, Price of Loving
In Mumbai's Kamathipura, the business of sex fails to keep up with the profits of real estate
A Taste of History
A delectable food walk in Old Delhi uncovers layers of history
Dramatis Personae
Comparing an actor's struggles in Delhi and Mumbai maps out the differing cultures of two disparate cities