Explorer

Ratan Tata Wanted Noel Tata To Gain More Experience For Tata Group Leadership Role: New Book

Noel Tata was recently appointed as Chairman of Tata Trusts following the death of Ratan Tata

Ratan Tata, the late Chairman Emeritus of Tata Sons, believed his half-brother, Noel Tata, needed additional experience and exposure to challenging assignments in order to succeed him at the helm of Tata Group, according to a newly published biography. The revelation comes from Ratan Tata: A Life, authored by Thomas Mathew and published by HarperCollins.

Noel Tata was recently appointed as Chairman of Tata Trusts — a consortium of charities that indirectly oversees the $165-billion Tata conglomerate spanning industries from salt to software — following the death of Ratan Tata. Noel was one of the candidates interviewed for the position of Tata Group’s chairman in March 2011 when a search for Ratan Tata's successor was underway.

Despite being encouraged to join the committee responsible for selecting his successor, Ratan Tata chose to refrain from the process to avoid influencing the decision. However, he later expressed some regret over this choice, according to the biography. One reason for stepping back was to provide assurance to all contenders that the decision would be based on a fair and unbiased majority or unanimous recommendation, rather than Ratan Tata’s personal preference.

ALSO READ | Swiggy IPO Set To Launch At Rs 390 Upper Price Band, Aims To Raise $1.35 Bn. Check IPO Date

The biography also notes that many within the Tata Group and the Parsi community regarded Noel Tata as the “default candidate” for the role, viewing him as a representative of their cultural heritage. However, Ratan Tata emphasized that only the "talent and values" of a candidate should matter, downplaying the importance of religion, community, or regional background. In fact, he was open to the idea of a foreign successor, provided they met the qualifications required for the role.

Ratan Tata stated that with more experience in handling complex assignments, Noel could have demonstrated the “courage and enterprise” that J.R.D. Tata, the iconic former Tata Group chairman, had once deemed essential for the role. He suggested that Noel’s lack of exposure to such assignments was partly a result of Noel’s own choices, according to the biography.

Cyrus Mistry, initially a member of the selection committee, was eventually chosen to succeed Ratan Tata, who stepped down as Tata Sons chairman in December 2012.

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

J&K Terror Attack: 1 Militant Killed In Gunfight After Army Vehicle Ambush, Search Ops Underway
J&K Terror Attack: 1 Militant Killed In Gunfight After Army Vehicle Ambush, Search Ops Underway
'People Think Deals Being Made...': CJI Chandrachud Breaks Silence On PM Modi's Ganesh Pujan Visit Row
'People Think Deals Being Made...': CJI Chandrachud Breaks Silence On PM Modi's Ganesh Pujan Visit Row
India Plans To Export Airbus C-295 Military Aircraft Manufactured In Vadodara, Says PM Modi
India Plans To Export Airbus C-295 Military Aircraft Manufactured In Vadodara, Says PM Modi
'Null And Void': CM Atishi Rejects Delhi Waqf Board Report; Oppn MPs Stage Walkout Of JPC Meet
'Null And Void': CM Atishi Rejects Delhi Waqf Board Report; Oppn MPs Stage Walkout Of JPC Meet
Advertisement
ABP Premium

Videos

Insta & Threads Parents Meta Lures Men Using 'Chicks Equal Clicks' StrategyPM Modi Gujarat Visit: Watch Big Updates Of The Hour Only On ABP News | VadodaraBreaking News: Unidentified Men Open Fire At Businessman's Residence in West Delhi's Rani BaghPM Modi In Gujarat: PM Modi Attends Inauguration Of TATA Aircraft Complex In Vadodara | ABP News

Photo Gallery

Embed widget