Wednesday, July 09, 2008

Ratan Tata

“In its 60th year, clearly India’s time has come. The country is now universally recognised as a nation on the move. The time has come to move from small increments to bold, large initiatives.”

Awards: CNBC-TV18’s “Taking India Abroad” Award, and Special Recognition by UK Trade & Investment.

Strategy: Putting India on a global map by big ticket acquisitions, be it in IT, steel or tea. Domestically, his Rs.1 lakh car may revolutionise the way we live and drive. Increasing Tata Sons’ holding in group firms has been of prime importance.

$12 billion Corus deal, and 11.5% stake in US listed Orient Express chain of luxury hotels for $247 million. Moreover, Tata Motors is in the race to buy Jaguar-Rover. Rs.500 billion capex in the steel domain.

Nandigram fiasco over Rs.1 lakh car project site.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)

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