DREAMER, DOER
THE WEEK India|October 27, 2024
Tata Group will keep benefitting from the many systems that Ratan Tata built
NACHIKET KELKAR
DREAMER, DOER

TATA MOTORS WILL launch Avinya, its new premium electric vehicle platform, next year. The company is already the largest electric car maker in India, with a market share of around 70 per cent, and Avinya is expected to cement this position. Ratan Tata was not directly involved in the development of the platform and will not see a car made on it, but he was probably the biggest reason it happened, as Avinya is based on Jaguar Land Rover’s electrified modular architecture.

Tata acquired the marquee British car brands in 2008. Till then a maker of small mass-market cars, Tata Motors was instantly elevated to the league of Mercedes-Benz, BMW and the likes. More importantly, it brought access to technology, something that Tata Motors keeps benefitting from.

Many had questioned Tata’s buyout of JLR at the time, given it was loss-making and put a huge debt burden on Tata Motors. But JLR turned around soon and now contributes a major chunk of the profits of Tata Motors. “Ratan was a leader of vision and integrity and proved to be an excellent steward of Jaguar and Land Rover,” said Bill Ford, chairman of Ford Motor Company which sold JLR to Tata, in his tribute. Ratan Tata was 86 when he died on October 9 in Mumbai.

Denne historien er fra October 27, 2024-utgaven av THE WEEK India.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra October 27, 2024-utgaven av THE WEEK India.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE WEEK INDIASe alt
Kashmir, Kashmiris need Delhi's trust
THE WEEK India

Kashmir, Kashmiris need Delhi's trust

Of the 49 seats in the Kashmir valley, the National Conference won 42; the Congress, six; the CPI(M), one; the BJP, zero; the Jamaat-e-Islami, zero. It was a clean sweep for INDIA.

time-read
2 mins  |
October 27, 2024
No sanctions on style
THE WEEK India

No sanctions on style

I was both thrilled and alarmed to be invited to this year’s Moscow Fashion Week; it’s slowly but sure-footedly trailing back to normal after the pandemic shutdown.

time-read
2 mins  |
October 27, 2024
SECOND HELPING
THE WEEK India

SECOND HELPING

Sandeep Verma and Valerie saw their ambitions crash. A beach-front cafe has been the saviour to their soul, and a roadmap to the future

time-read
6 mins  |
October 27, 2024
Nobel tolls for Me
THE WEEK India

Nobel tolls for Me

This, this is an abomination! The whole thing is rigged! It’s a disgrace!”

time-read
3 mins  |
October 27, 2024
Despite AI, creating a tune still needs a human heart and philosophical mind
THE WEEK India

Despite AI, creating a tune still needs a human heart and philosophical mind

Two or three decades ago, it would have been unthinkable to get A.R. Rahman to agree to a quick interview, let alone have a leisurely chat after work.

time-read
10+ mins  |
October 27, 2024
DRAWS BE DAMNED
THE WEEK India

DRAWS BE DAMNED

An attacking, high-risk approach could well become the staple of Test cricket

time-read
4 mins  |
October 27, 2024
LIGHTS. ACTION
THE WEEK India

LIGHTS. ACTION

IF YOU ARE RISK AVERSE, GO FOR THE SPECIAL FD SCHEMES BANKS ARE OFFERING THIS FESTIVE SEASON

time-read
4 mins  |
October 27, 2024
HEDGE YOUR BETS
THE WEEK India

HEDGE YOUR BETS

MULTI-ASSET ALLOCATION FUNDS MAY BE A GOOD CHOICE FOR FIRST-TIME INVESTORS OR EVEN FOR THOSE WHO ARE LOOKING AT INVESTMENTS WITH LOW-RISK AND LOWER VOLATILITY

time-read
4 mins  |
October 27, 2024
FASHION'S NEW MISSION
THE WEEK India

FASHION'S NEW MISSION

A memorandum signed by 50 BRICS+ countries signals the need for fashion to move away from western perspectives

time-read
5 mins  |
October 27, 2024
Ratan was beyond honours
THE WEEK India

Ratan was beyond honours

On the day of his passing, Ratan Tata was eulogised in the media as ‘India’s Crown Jewel’, ‘Living Legend’, ‘Ultimate Icon’ and so much more.

time-read
2 mins  |
October 27, 2024