Tata's Impact on Indian Economy -Ratan Tata's legacy

Each Tata company operates independently under its own board of directors. The group includes 26 publicly listed firms with a combined market capitalization exceeding $365 billion as of March 31, 2024. Notable trusts include the Sir Dorabji Tata Trust and Sir Ratan Tata Trust, while the Tata trademark is owned by Tata Sons.

Ratan Tata, a key figure in Indian industry, oversaw the expansion and modernization of Tata Group, a major global enterprise based in Mumbai. Founded by Jamsetji Tata in 1868, the group now comprises over 30 companies across ten sectors, operating in more than 100 countries.

Tata Sons serves as the primary investment arm, with 66% of its equity held by philanthropic trusts that support education, healthcare, and the arts. In the fiscal year 2023-24, Tata companies generated over $165 billion in revenue and employed over 1 million people.

The Tata Group is recognized for its ethical practices and social responsibility, with notable achievements including the Tata Nano and the acquisition of Jaguar Land Rover.

Tata Consultancy Services (TCS) is a leading player in the global IT sector, while Tata Trusts focuses on philanthropy, emphasizing healthcare, education, and rural development. The Tata brand has become synonymous with trust, integrity, and innovation, reflecting the values instilled by its founder.

With Ratan Tata's passing, the Tata Group's future will continue to evolve while maintaining the foundational principles he championed throughout his tenure.