Kanpur Stock:The original leader of the first consortium of India, left

The original leader of the first consortium of India, left

Born rebellion, not going to be unusual.

Wen 丨 Chinese Shang Tao Lue Liang Liang

On October 9, local time, the kingdom of India’s largest corporate lost its spiritual leader: the former chairman and honorary chairman of the Tata Group Latan Tata died.

Indian Prime Minister Modi said he was a distant business leader, compassionate and extraordinary people.

Indian GDP’s largest Bang Mahara Shihara Shihara, a mourning day and funeral for him to commemorate his contribution and influence to the country and society.

The current richest man in India, Gutam Adini, calls him "giant, a resident who redefines the road of modern Indian roads."

[Rise in a low -key]

Tata Group may be a bit strange for many people, but it is a household name in India.

This company founded in 1868 has a history of 156 years. It is the largest group company in India, known as the "India’s First Corporation", and the owner of the two major luxury cars brands of "Land Rover" and "Jaguar".

Tata Group has a huge industrial layout worldwide. It has more than 100 subsidiaries, covering communication and information technology, engineering, materials, services, energy, consumer products and chemical products.As of March 31, 2024, the Group’s turnover exceeded $ 168 billion, with a market value of US $ 365 billion.

In India, "Tata" can be said to be everywhere.

One day in India’s middle class may be like this: get up early to drink a cup of Tata tea, take a car or taxi produced in Tata to work, pass the steel bridge built by Tata, walk into a company under Tata Telecom’s mobile phones and customers called, went to Tata’s supermarket to buy food after get off work, and then went home to rest.

As the fourth -generation head of the group, Latan Tata is an inevitable name in the history of Indian business. The Tata Group has also achieved the legend of Yao Shi in his hands.

In 1937, Latan was born in a traditional Pasi family, who was born in Mencius, India. His father was the adopted son of the founder of Tata Group, and his family status was not high.

Latan’s parents were separated in his childhood, and then his father remarried, making him laughed at and bullied by the outside world.Later, Latan was raised by her grandmother and learned a lot of people from her.

During college, Latan rejected the family’s paved path for him, chose to go to Cornell University to study architecture, and completed a senior management course at Harvard Business School. After that, he worked, loved, and even prepared to settle in Los Angeles.He once said frankly, "If I don’t consider the last name, I will be an architect."However, because his grandmother was seriously ill, he chose to return to China after many years.

In 1962, Latan followed the family arrangement to enter the Tata Group.

According to media reports such as the Business Standards of India, Latan was not favored by the family in the early years. On the one hand, he was rebellious, "not going to the ordinary road", and on the other hand, he was introverted and unhappy with others.

Although he entered a family business, he did not directly assume heavy responsibilities, but began a long experience from grass -roots positions.

In the next 20 years, Latan has accumulated rich experience in multiple subsidiaries, and has gradually established a foothold at the group, and then he obtained a unwilling subsidiary -National Radio and Electronics Company (Nelco)Management power.

At that time, Nelco was on the verge of serious losses. No one was optimistic about this company, and many people even thought it was unable to return to heaven.The elders in the family give this company to Latan, which is more like a "abandoned son" arrangement.

However, Latan was not discouraged.On the contrary, he devoted himself to every decision of the company in person, completely reforming the management structure, and introducing new technology and market strategies.Under his leadership, Nelco twisted his losses miraculously and expanded the market share.

Nelco’s success not only won the respect of the family, but also made him widely recognize in the company, paving the way for his future rise.

In 1991, 54 -year -old Latan replaced his uncle JRD Tata, becoming the new head of the group.In the 21 years of his helm, Tata Group ushered in unprecedented changes and leaps.

【Resonance with the times】

1991 is a key turning point for India.

This year, under the long -term economic dilemma and debt pressure, the Indian government opened unprecedented economic liberalization reforms to try to end India’s protectionist economic policy over the years.

The Prime Minister Lao decisively launched a series of policies to open up markets, relax foreign investment restrictions, reduce tariffs and industry protection to stimulate economic growth, and the Indian economy began to move towards globalization.Kanpur Stock

This provides a huge opportunity for Latan, who has just taken over the chairman of Tata Group.He keenly aware that the Tata Group could no longer rely only on local markets and family -style operations. He must greatly innovate the management mechanism and team of enterprises and participate in international competition.Hyderabad Investment

At that time, the Tata Group was quite large, but the disadvantages at the management level were increasingly revealed.Most of the subsidiaries of the group are controlled by a group of older generations of older generations of 70-90 years old. These people are highly important, but they are conservative and their willingness to change.Essence

Latan is determined to carry out a thorough reform within the entire group.

He bought the controlling stake of all major enterprises through the group holding parent company, set the retirement period for the older generation of executives, and passed the "cutting fan" tactics to allow a large number of young and promising elite backbones to the front desk.At the same time, the enterprise system that directly reports to the group office will increase the management and control of subordinate companies.

Then, Latan began to do subtraction and focus, and took the initiative to withdraw from the fierce competition industries such as cement and textiles.Decision speed.

For Tata Iron and Steel, which had lost tens of millions of dollars before taking over, reforms the reforms, and reducing the number of employees from 78,000 to 45,000. At the same time, it spent $ 2.5 billion to purchase advanced equipment to fully upgrade the production line.After the reform, Tata Iron and Steel had a double output within three years, with a profit after tax of 380 million US dollars, becoming the group’s most profitable subsidiary.

On this basis, Latan started to improve the unity of the group, and used the same logo and the same brand to formulate a more modern operating framework to gradually integrate the management level of the group with the international standard.Base.

In 2000, Tata Group successfully acquired the world’s second largest tea company British Teltela Group for $ 389 million, which truly took the first step in globalization.

In 2007, Tata Group spent $ 11.3 billion in US $ 11.3 billion to successfully acquire the second largest steel company in Europe, Yinghe Cruise, to set a record for India’s largest overseas mergers and acquisitions at the time, and made Tata Steel a new steel company in the world. OneTime is famous.

In 2008, the Tata Group acquired the British luxury car brand Jaguar and Land Rover from Ford at a price of $ 2.3 billion.At that time, many people questioned whether Indian companies could successfully manage such complex luxury brands, especially under the shadow of the global financial crisis, and the transaction seemed to be adventurous and unpredictable.

In a question, Latan led Jaguar and Land Rover to redesign the product line, optimize the management team, and reshape the brand image, which not only made it successfully out of the dilemma of losses, but also brought considerable benefits to the group.In 2013, its profit after tax was $ 1.84 billion.

According to statistics, since 2000, Tata Group has invested nearly $ 18 billion in the overseas acquisition of the Communist Party of China, mainly concentrated in the European and American markets.Among them, 71%of acquisitions are located in the UK and 21%are in the United States.Tata Group also followed the expansion of these businesses to successfully transform from an introverted family business to a global multinational company.

Nowadays, regardless of steel, tea, cars, and communications, the Tata Group is in the leading position of the Indian market.By 2015, the output value of Tata Group had accounted for 2%of India’s GDP, becoming an important force to promote the national economy.

During the Latan 1991-2012, the group’s core business achieved a gorgeous transformation from traditional to diversified. Return income increased rapidly from $ 6 billion to $ 100 billion, and the Group’s market value increased by 17 times.

Today, the business map of Tata Group has covered more than 100 countries and regions around the world, and up to 60%of the revenue comes from the international market.Chennai Stock

Latan’s global strategy and leadership not only changed the destiny of Tata Group, but also profoundly affected the modernization process of the entire Indian economy.Under his leadership, more and more Indian entrepreneurs have joined the international market and let India go to the world.

As the current chairman of Tatta Group, Chandrasecaran said in the statement that Latan is "a truly unusual leader. His huge contribution not only shaped the Tata Group, but also created India’s national structure."Essence

Li Jiacheng has repeatedly emphasized "knowledge changes destiny". The Yangtze River industry can quickly globalized and continue to leverage the industry with capital means.Report.

Latan leads Tata to become a very important foundation for global groups. It is also here: From Cornell University to Harvard Business College, he not only learned knowledge, but also increased his knowledge.Essence

[Heritage left to the world]

The founder of the Tata Group James Shentji Tata once set two principles for the descendants of the family: entrepreneurs must be loyal to the country, and they will be loyal to employees and shareholders.

This spiritual heritage was inherited among the leaders of the Tata Group.

Latan has expressed his views on wealth on many occasions. He always insists that companies should not only pursue profits, but also work hard to social prosperity and well -being.

The NANO car project launched by Tata Group is the embodiment of this concept.

When Latan saw many Indian families squeezing on a motorcycle, the idea of ​​"every Indian family should afford a safe car".To this end, he personally participated in the design and production, leading the Tata Group to launch the world’s cheapest car NANO at a price of only 100,000 rupees (about 8,400 yuan).

Although NANO cars were eventually discontinued due to security problems and marketing errors, it provided an economic affordable travel selection solution for low -income families in India, which also reflected Latan’s commitment to improving the low -level life of society.

Latan also created tens of thousands of employment opportunities for the society through the diversified business layout and global expansion of the Tata Group.Taking the Tata Consulting Service Company (TCS) as an example, it provides thousands of Indian young people with opportunities to enter the global IT market, create a large number of high -paying jobs, and promote the professional ascension channel of the middle class of India.

In the more than 20 years of leading Tata Group, Latan has become one of India’s most international reputation business leaders, and has been hailed as a rare "conscience entrepreneur" by Indian media.

In addition to the identity of business leaders, Latan is also a respectable charitator.

Through the Tata Trust Fund, he strongly supported India’s medical, education and science and technology development, and helped countless groups that needed assistance.Regardless of funding for education projects, establishing the Institute of Social Sciences, or promoting community development, Latan has always done a person and practice social responsibility in practice.

To recognize the outstanding contribution of Latan to India, in 2008, the Indian government awarded him the Lotus Ceremony, which was the second -level citizen honor awarded by the Indian government after the Indian National Treasure Medal.

During the new crown epidemic, Latan himself donated 5 billion rupees (about 420 million yuan) to the anti -epidemic cause.He said, "In a country like us, business leaders must be used as examples, instead of exaggerating wealth and status."

In 2012, after the chairman of Latan’s steps down Tata Group, he became an angel investor and put more energy into the investment of Indian mobile Internet and technological innovation, and continued to promote the modernization of Tata Group and Indian society.Essence

According to statistics, in 2016 alone, he invested 17 technology startup projects.He said: "I like to invest in young people’s startups and give them the power of free choice. The greed of wealth is never my purpose."

In 2015, he also strategically invest in Indian mobile phone manufacturers -Xiaomi.

The media people who have interviewed Latan evaluated him:

"Simple, calm, kindness, encouragement, humility, calmness, and curiosity."

【Reference Information】

[1] The official website of Tata Group

[2] "The death of the famous Indian entrepreneurs, Modi Mourning" Global Times

[3] "Indian Crocodile Giant Crocodile Latan Tata Death" Surging News

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