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
No Singular Self
Sudarshan Shetty's work questions the singularity of identity
Mass Killing
Genocide or not, stop the massacre of Palestinians
Passing on the Gavel
The higher judiciary must locate its own charter in the Constitution. There should not be any ambiguity
India Reads Korea
Books, comics and webtoons by Korean writers and creators-Indian enthusiasts welcome them all
The K-kraze
A chronology of how the Korean cultural wave(s) managed to sweep global audiences
Tapping Everyday Intimacies
Korean filmmaker Hong Sang-soo departs from his outsized national cinema with low-budget, chatty dramedies
Tooth and Nail
The influence of Korean cinema on Bollywood aesthetics isn't matched by engagement with its deeper themes as scene after scene of seemingly vacuous violence testify, shorn of their original context
Beyond Enemy Lines
The recent crop of films on North-South Korea relations reflects a deep-seated yearning for the reunification of Korea
Ramyeon Mogole?
How the Korean aesthetic took over the Indian market and mindspace
Old Ties, Modern Dreams
K-culture in Tamil Nadu is a very serious pursuit for many