Ratan Tata among 50 leading business pioneers of all time
Ratan Tata, the former Chairman of Tata Sons, figures in the list of 50 leading business pioneers in industry published by the Financial Times. Mr Tata shares place on the list with other great names like Henry Ford, Sir Richard Branson, Samsung founder Lee Byung-chull, Alfred Nobel, Eiji Toyoda and Taiichi Ohno.
According to the report, the pioneers upended old ways of operating and created new businesses, used intelligent systems to cut costs, thereby not only increasing the profitability of their companies but also generating wealth and jobs for others.
Mr Tata finds place among the business pioneers by turning the Tata group into a global conglomerate. “The turnaround at JLR has not only confirmed Mr Tata’s reputation as one of the best industrialists of his generation, but has also helped to buoy the British economy, as the UK is now exporting more cars than ever before,” the report says.