Tata Sons chairman N. Chandrasekaran. File
| Photo Credit: PTI

Workers install the electric motor inside a Tata Nexon electric sport utility vehicle (SUV) at the Tata Motors plant in Pune. File photo
| Photo Credit: REUTERS

Tata Group will create five lakh manufacturing jobs in the next five years across sectors such as semiconductor, electric vehicles, battery and related industries, its Chairman N. Chandrasekaran said on Tuesday (October 15, 2024).

Also read: Ratan Tata (1937-2024): In-depth coverage

Speaking at a symposium of Indian Foundation for Quality Management, the Tata Sons Chairman asserted that India cannot achieve the goals of being a developed nation, if the country cannot create manufacturing jobs.

“… Between our (Tata Group’s) investments in semiconductors, our investment in precision manufacturing, assembly, electric vehicles, batteries and related industries, I think we will create five lakh manufacturing jobs in the next five years,” he said.

Citing the group’s upcoming semiconductor plant in Assam and other new manufacturing units for electric vehicles and battery, he said, “we are setting up a number of plants”.

While he has not got the full details, Mr. Chandrasekaran said based on “basic math”, these jobs will have multiplier effects.

As the ecosystem has to be set up, he said a minimum 5 lakh companies — small, medium-scale companies would also come up in the ecosystem.

‘Viksit Bharat’ goals

He acknowledged the government’s support in these initiatives and stressed on the need for creating jobs in the manufacturing sector.

“We cannot achieve the goals of Viksit Bharat if we cannot create manufacturing jobs, because we all know 1 million people are coming to the workforce every month,” he said.

Mr. Chandrasekaran further said, “We need to create 100 million jobs.” He asserted the significance of new-age manufacturing like semiconductors, which creates eight to ten indirect jobs for every single job created.

Noel Tata, centre, at the NCPA lawns where mortal remains of Ratan Tata were kept for public viewing in Mumbai on October 11, 2024
| Photo Credit: Emmanual Yogini

Noel Naval Tata was appointed chairman of Tata Trusts on Friday (October 11, 2024), according to sources. He succeeds Ratan Tata, who died on October 9, 2024.

A confirmation from the Trust is awaited.

Noel Tata, 66, is Ratan’s half brother and has been the trustee in four of the trusts that make Tata Trusts, which is the conglomerate Tata group’s philanthropic arm.

Noel’s appointment is of significance as Tata Trusts owns 66% of Tata Sons, the holding company of various firms under the Tata brand which is more than 150 years old.

Ratan, one of India’s most respected corporate leaders, built the Tata empire into a global conglomerate that spanned across industries.

Established in 1892

Tata Trusts was setup by Noel and Ratan’s great grandfather Jamsetji Tata in 1892, years after he founded the Tata group.

Tata Trusts has since diversified into various sectors such as education, healthcare and housing.

Noel Naval Tata already serves as a trustee on the board of Sir Ratan Tata Trust and Sir Dorabji Tata Trust. He is also the chairman of Tata Trent and vice chairman of Tata Steel.

Ratan, who never married, was known for his exemplary business acumen and philanthropic.

He was chairman of the autos to steel conglomerate for over 20 years, and was responsible for acquisitions of foreign companies during his tenure.

(With inputs from Reuters)

The Tata Group, one of India’s oldest and most respected conglomerates, has had a lasting influence on the nation’s industrial landscape. Founded by Jamshedji Nusserwanji Tata, the group’s legacy continues to resonate through its remarkable contributions, from the industrial hub of Jamshedpur to the iconic buildings in South Mumbai. Ratan Tata, the chairman emeritus of Tata Sons, died on Wednesday in Mumbai. His leadership, vision, and deep commitment to social welfare transformed the group into a global force while preserving the values it was built upon.

Here are some of the key Tata landmarks across the nation that stand as symbols of the group’s enduring impact:

Jamshedpur: Where Tata’s industrial vision took root

Jamshedpur, also known as the ‘Steel City,’ stands as one of the most significant landmarks associated with the Tata legacy. Founded by Jamsetji Tata in 1907, the city is home to Tata Steel, Asia’s first integrated steel plant. Beyond its industrial might, Jamshedpur is distinguished by its well-planned infrastructure, lush greenery and modern urban amenities. The Tata Steel Plant became a model of innovation and excellence, playing a big role in propelling India’s industrial growth.

When the first settlers arrived in the region, then known as Sakchi, in 1908, they were drawn by the promise of building a future in a city that was still on the drawing board. The foundation of what is now Jamshedpur was laid with the establishment of Tata Steel, but the city grew organically as professionals, workers, artisans and young dreamers from all corners of the country made their way here. Invited by the Tata company, these pioneers were part of Jamsetji Tata’s ambitious vision — one that was later realised by his successors, Sir Dorabji, Sir Ratan, and RD Tata.

From its inception, Jamshedpur was meticulously designed as India’s first planned city, based on JN Tata’s vision of a harmonious blend of industrial growth and environmental preservation. He envisioned wide streets lined with shade-giving trees, ample space for gardens and lawns, and vast open areas dedicated to recreation, sports and parks. This thoughtful planning ensured Jamshedpur became not just a hub of industry but a model of urban development in India.

Tata Main Hospital, Jamshedpur

The Tata Main Hospital (TMH) in Jamshedpur, established in 1918, was once a modest hut-like structure aimed at providing basic medical assistance to the early settlers of the city. Over the last century, it has grown into one of Jamshedpur’s most iconic healthcare institutions. With more than 100 years of service, TMH stands as a 1,000-bed tertiary care facility, offering cutting-edge medical services including advanced ICUs, CCUs, and specialised burn care units.

Taj Mahal Palace Hotel, Mumbai

In the skyline of South Mumbai, among the many landmarks, the Taj Mahal Palace Hotel stands out as an iconic symbol of Indian hospitality. Established in 1903, this luxurious hotel has welcomed countless dignitaries, celebrities, and tourists over the decades.

When the Taj Mahal Palace first opened, it signified a new era of grandeur, designed to showcase the pride of India. Built at a then-astonishing cost of over Rs. 4 crore, the foundation of the hotel, laid in 1898, is an engineering marvel, going 40 feet deep. It was the first building in Bombay (now Mumbai) to feature electric lighting, and it introduced several modern conveniences such as telephones in every room, electric elevators and even an ice-making machine. Not just ahead of its time, the hotel was equipped with American fans, German elevators, Turkish baths, and English butlers, elevating the guest experience to unmatched heights. At the time, a suite of rooms, including a full board, cost Rs. 30 — a high sum for the era.

In 1973, the hotel expanded with a 23-storey tower wing, adding a modern architectural twist to its existing regal charm.

As the hotel celebrated its centenary in 2003, it underwent a massive revamp and significant renovations breathed new life into its historic walls. With its refreshed name, The Taj Mahal Palace and Towers, the hotel introduced new restaurants, restored guest rooms, and an elegant lobby lounge.

Tata Memorial Hospital: Mumbai

Founded in 1941, the Tata Memorial Hospital (TMH) in Mumbai is globally recognised as a premier centre for cancer treatment and research. Supported by the Tata Trusts, the hospital was originally commissioned by the Sir Dorabji Tata Trust on February 28, 1941, and its mission is to provide enduring value and care to the Indian populace. In 1952, the hospital expanded its vision by launching the Indian Cancer Research Centre, which later evolved into the Cancer Research Institute (CRI), focusing on pioneering cancer research.

How Tata Steel Helped Shape the Howrah Bridge

Tatas played a crucial role in the construction of Kolkata’s iconic Howrah Bridge. Officially known as Rabindra Setu, this iconic structure has been closely linked with Tata Steel since its inception. When plans for the bridge were underway, Tata Steel supplied 23,500 tonnes of steel, crafted to meet stringent British standards. In fact, Tata Steel developed Tiscrom, India’s first high-tensile steel, specifically for the project. Nearly 90% of the steel used in the construction came from Tata Steel. The Howrah Bridge was officially opened to the public on February 3, 1943, becoming one of the most recognisable landmarks in India.

Tata landmarks in India are not merely structures; they represent a legacy of innovation, community service, and excellence. Each landmark tells a story of ambition, dedication and a vision that continues to inspire generations.

As the country loses one of its most beloved icons, Ratan Naval Tata, Assam mourns the loss of a trusted friend who stood by the state in its developmental journey.

Ratan Tata had a long association with Assam, where the Tata Group had made early investments in the tea industry. The latest has been the ground-breaking chip assembly plant that is set to develop Assam as a major semiconductor hub. The Rs 27,000 crore facility is set to begin operations by next year.

Chief Minister Himanta Biswa Sarma said Ratan Tata played a key role in setting up the semiconductor facility in Jagiroad that will create several employment opportunities.

Ratan Tata, who breathed his last Wednesday night, was reportedly keen on Assam getting the semiconductor hub.

“Shri Ratan Tata Ji’s legacy is one of compassion, statesmanship, and unshakeable conviction in the India growth story. His life is defined by building enterprise and giving back to society. In his demise, people of Assam have lost one of its biggest well-wishers. Shri Tata, a recipient of Assam’s highest civilian award, occupied a special place in the hearts and minds of the people of Assam. He took a giant leap of faith for the welfare of Assam,” Mr Sarma posted on social media platforms.

In 2022, Ratan Tata was conferred with Assam Baibhav, the state’s highest civilian award.

Cancer Care

Ratan Tata also made an exceptional contribution towards furthering cancer care in Assam.

Prime Minister Narendra Modi inaugurated seven cancer care facilities in Assam in 2022, which are part of a statewide network to expand affordable cancer treatment to more towns and cities. The multi-level cancer care model, developed by Tata Trusts, established and run by the Assam Cancer Care Foundation, a joint initiative of the Assam Government and Tata Trusts.

Ratan Tata had envisioned this project to help Assam battle cancer and the focus had been to help the poor patients who cannot afford costly cancer treatments.

The association between the Assam government and Tata Trusts on cancer care first started in 2017.

“He was deeply passionate about improving healthcare in the state and with his vision we gave birth to the Assam Cancer Care Foundation,” said the Chief Minister.

Mr Sarma said Tata’s death was a “personal loss”.

“My every interaction with him left me wiser, the most recent being when I visited him in Mumbai to thank him for the semiconductor project and having faith in Assam’s abilities as an industrial base. His simplicity and humility are something I will never forget,” said Mr Sarma.

Delhi:

Industrial Ratan Tata’s last ‘pet project’ months before he died was a hospital for animals in Mumbai. Located in Mahalaxmi, the hospital opened in July and is a five-storey centre that can house almost 200 patients.

Ratan Tata, chairman emeritus of Tata Sons, died at 86. Just on Monday, the industrialist in a social media post had dismissed speculation surrounding his health and had said he was undergoing routine medical investigations due to his age.

The animal hospital, which cost Rs 165 crore to construct, is led by British veterinarian Thomas Heathcote.

The project was announced in 2017 and is planned to be housed in Navi Mumbai. However, Tata felt the commute would be cumbersome for pet parents and, hence, moved the hospital to a central location.

Spread over 98,000 square feet, the hospital with 24×7 emergency care, ICUs and HDUs with life support for critically ill and injured animals, advanced diagnostic imaging services, surgery units, speciality treatment (dermatology, dental, ophthalmology, etc), in-house pathology lab and in-patient wards.

On the board of directors is Shantanu Naidu, a general manager in the office of Ratan Tata, who founded the startup, Motopaws, which makes reflective collars for dogs so that they are visible to vehicles at night.

The philanthropist had elaborated that he had to fly a pet to the University of Minnesota for a joint replacement. “But I was too late, and so they froze the dog’s joint in a particular position. That experience enabled me to see what a world-class veterinary hospital was equipped to do,” he had said.

Delhi:

Shantanu Naidu, the general manager at former Tata Group chairman Ratan Tata’s office, penned an emotional post to bid goodbye to his “dear lighthouse”. His post came after the 86-year-old industrialist died on Wednesday, leaving an over two-decade-long legacy of helming a wide variety of verticals within the Tata Group.

Mr Naidu, an MBA from Cornell University and founder of the Goodfellows startup, wrote in a post on LinkedIn, “The hole that this friendship has now left with me, I will spend the rest of my life trying to fill. Grief is the price to pay for love.”

The 28-year-old is the fifth generation of his family to work in the Tata Group. Mr Naidu was seen riding out of Tata’s house on a Yezdi motorcycle this morning, leading the truck carrying his boss’ mortal remains. It was the mutual love and concern for dogs which had formed a bond between the duo. 

Meanwhile, Mr Tata’s remains were taken to the National Centre of Performing Arts in Mumbai, from where they will be taken to a crematorium in Worli where he will be accorded a state funeral.

Born in Bombay, now Mumbai, in 1937, the Cornell University-educated Mr Tata was known for his willingness to take risks.

He took over the family empire in 1991, riding the wave of the radical free-market reforms that the Indian government unleashed that year. His years in charge saw the salt-to-steel conglomerate expand its global footprint to include British luxury brands such as Jaguar and Land Rover.

The industrialist later devoted his time to running the group’s charitable arm and funding some of India’s hottest start-ups.

Delhi:
Industrialist Ratan Tata, who passed away at the age of 86, is credited with transforming the Tata Group’s portfolio during his tenure as chairman to include products from salt to software to sports cars.

Here are some of Tata Group’s biggest strides since 1991:

New Delhi:

As tributes poured in to honour legendary industrialist Ratan Tata, Google and Alphabet CEO Sundar Pichai took to social media to remember his “business and philanthropic legacy”.

Recalling his interaction with Mr Tata, Mr Pichai said the Tata Group Chairman Emeritus “deeply cared about making India better”. He said they talked about Google’s autonomous driving technology Waymo and his vision was “inspiring to hear”. He added that the 86-year-old was ” instrumental in mentoring and developing the modern business leadership in India”.

Among other business leaders who remembered him were Chairman of the Mahindra Group Anand Mahindra and RPG Enterprises Chairman Harsh Goenka.

Mr Tata, the former Tata Group chairman who transformed a staid group into India’s largest and most influential conglomerate, breathed his last at south Mumbai’s Breach Candy Hospital at 11.30 pm on Wednesday.

My last meeting with Ratan Tata at Google, we talked about the progress of Waymo and his vision was inspiring to hear. He leaves an extraordinary business and philanthropic legacy and was instrumental in mentoring and developing the modern business leadership in India. He deeply…

— Sundar Pichai (@sundarpichai) October 9, 2024

He was born on December 28, 1937 in Mumbai. Educated at Cornell University, Ithaca, New York, the veteran industrialist worked on the shop floor at the family-run group after returning to India in 1962. He gained experience in several Tata Group firms before being named director in charge of one of them, the National Radio and Electronics Co. in 1971.

He became chairman of Tata Industries a decade later and in 1991 took over as the chairman of the Tata Group from his uncle, JRD, who had been in charge for more than half a century.

Under his stewardship, the conglomerate embarked on a massive expansion drive, snapping iconic British assets including steelmaker Corus and luxury carmaker Jaguar Land Rover. Its two-and-half-dozen listed firms now make coffee and cars, salt and software, steel and power, run airlines and introduced India’s first super app.

After his retirement in 2012, he was appointed Chairman Emeritus of Tata Sons.

Mr Tata was the Chairman of Ratan Tata Trust and Dorabji Tata Trust, two of the largest private-sector-promoted philanthropic trusts in India.

He was honoured with the country’s second-highest civilian award, the Padma Vibhushan, in 2008.

Mumbai:

Industrialist Ratan Tata, who died at the age of 86 in a Mumbai hospital on Wednesday, will be cremated with full state honours, Maharashtra Chief Minister Eknath Shinde announced. The state government has also declared a day of mourning on Thursday to honour the late industrialist. 

Mr Shinde announced that the national flag will be flown at half-mast across government offices in Maharashtra as a mark of respect. Entertainment events scheduled for Thursday have been cancelled.

Mr Tata’s body will be kept at the National Centre for Performing Arts (NCPA) in Mumbai’s Nariman Point from 10 am to 4 pm today, where people can pay their last respects. The cremation will take place in the Worli area later in the day.

READ | Ratan Tata: Industrialist, Philanthropist, And Indian Icon

Chief Minister Shinde called Mr Tata an “ideal amalgamation of ethics and entrepreneurship”. “He was a role model for future generations of entrepreneurs and a symbol of India’s industrial growth,” said Mr Shinde.

खो गया देश का अनमोल रत्न

रतनजी टाटा नैतिकता और उद्यमशीलता के अपूर्व और आदर्श संगम थे.लगभग 150 वर्षों की उत्कृष्टता और अखंडता की परंपरा वाले टाटा ग्रुप की कमान सफलतापूर्वक संभालने वाले रतनजी टाटा एक जीवित किवदंती थे.उन्होंने समय-समय पर जिस निर्णय क्षमता और मानसिक दृढ़ता का परिचय… https://t.co/u6MdkdheCC

— Eknath Shinde – एकनाथ शिंदे (@mieknathshinde) October 9, 2024

“Everyone will always remember the determination shown by him after the 2008 Mumbai attack. His firm decisions, courageous attitude and social commitment will always be remembered. The last rites of late Ratanji Tata will be performed with full state honours,” Mr Shinde added.

READ | Ratan Tata Dies: 10 Facts On India’s Most Beloved Industrialist

Mr Tata, who took over the reins of the Tata Group in 1991, was instrumental in the conglomerate’s acquisition of international firms such as Corus and Jaguar Land Rover. He expanded the group’s influence across multiple sectors, from steel and automotive to information technology. A recipient of the Padma Vibhushan, Mr Tata retired in 2012 but continued to guide the group and remained active in philanthropy.

READ | “Thank You For Thinking Of Me”: Ratan Tata’s Last Social Media Post

His death has drawn an outpouring of grief and tributes from across the country. Prime Minister Narendra Modi remembered Mr Tata as a visionary business leader and a compassionate soul. Business leaders Gautam Adani, Anand Mahindra, and Sundar Pichai also shared their condolences.