Starbucks, Tetley, Jaguar Land Rover: Remembering Ratan Tata's global ambitions

Published On Oct 10, 2024, 4:48 AM

Ratan Tata, the former chairman of Tata Group, has passed away at 86. He was pivotal in transforming the Tata Group into a global powerhouse, especially after India's economy liberalized in the 1990s. His bold acquisition strategy included significant purchases like Tetley Tea, Corus, and Jaguar Land Rover, even though some acquisitions, like Corus, posed challenges. Tata emphasized global expansion and modernized the group, although he faced failures like the Tata Nano. Despite these missteps and controversies, he left the Tata Group stronger than before, contributing significantly to India's industrial landscape alongside newer groups like Adani.