استمتع بـUnlimited مع Magzter GOLD

استمتع بـUnlimited مع Magzter GOLD

احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل

$149.99
 
$74.99/سنة

يحاول ذهب - حر

A PROMISE IS A PROMISE

February 2025

|

CEO Insights

One of the favorite stories of the automobile internet involves the legendary Indian businessman Ratan Tata and the American automobile brand Ford's chairman Bill Ford, and their infamous meeting in 1999.

- SUJITH VASUDEVAN

A PROMISE IS A PROMISE

The story goes like this. In the epilogue of the last century, Ratan decided to sell Tata Motors' passenger car division to Ford and flew to the Mecca of Ford Motor Company, Detroit. During the meeting, Bill Ford apparently made a condescending remark that Tata Motors lacked the expertise to succeed in the passenger car segment. Ratan Tata, feeling humiliated, decided not to sell the division and instead plotted the resurrection of Tata Motors. Eventually, that humiliation led to the turnaround of the company's passenger car division to the tune of Tata acquiring Ford's luxury brands, Jaguar and Land Rover (JLR).

But there is only one little problem. The aforementioned story was authored by an internet wordsmith who didn't care about the truth. In fact, both Bill Ford and Ratan Tata have clarified that this story is fake and has been created by the internet. The truth is that Ratan Tata never required any extra motivation to break ground and build amazing things that make the country proud; that's almost his favorite hobby. The only part that is really true about the story is that Tata acquired Ford's luxury brands, Jaguar and Land Rover, in a $2.3 billion deal. The acquisition of JLR not only boosted Tata Motors' global presence but also helped the company become a major player in the luxury car market. As a proud owner of a Tata car myself, I can vouch for the unbelievable transformation the legendary Indian brand has undergone in terms of both its driving experience and high-tech features.

The transformation of Tata Motors is merely the tip of the iceberg when it comes to the achievements of Ratan Tata. His biggest achievement must be the lifelong love he received from India, his people.

المزيد من القصص من CEO Insights

CEO Insights

CEO Insights

ANALYSING PROFITABILITY IN THE BUILDING MATERIALS INDUSTRY IN INDIA: KEY INSIGHTS FOR GROWTH

Abinash Mishra possesses over 24 years of rich professional experience in the building materials industry, driving transformative growth and market expansion. His industry insights and commitment to excellence drive customer-focused innovations

time to read

2 mins

September 2025

CEO Insights

CEO Insights

PANKAJ PARATE TRANSFORMING THE MANUFACTURING INDUSTRY THROUGH UNMATCHED TECHNICAL SKILLS, KNOWLEDGE, & INNOVATION

As the manufacturing industry undergoes revolutionary transformations, caused by massive geopolitical, technological, and cultural changes, industry leaders thrive with innovative strategic approaches to speed ahead into the future of smart products.

time to read

3 mins

September 2025

CEO Insights

CEO Insights

CPaaS TO ENHANCE AI TOOLS' CAPABILITIES, MEET BUSINESS NEEDS IN THE CLOUD

In an exclusive conversation with CEOInsights Magazine, Rajdip Gupta, MD & Group CEO of Route Mobile Limited., shared key insights about the ability of CPaaS to enhance the abilities of AI tools and how leaderships should leverage the opportunities that arise as outcomes thereafter.

time to read

4 mins

September 2025

CEO Insights

CEO Insights

IIT KHARAGPUR ALUMNI LEADERS - 2025

The Indian Institute of Technology Kharagpur, established in 1951 as the first in the chain of IITs, has been the helix of innovation, leadership, and excellence from the outset.

time to read

3 mins

September 2025

CEO Insights

CEO Insights

MARKETING AND CX ENFORCING RIPPLE EFFECT ON REAL ESTATE

In the real estate sector, delivering an exceptional customer experience (CX) centers on recognizing and addressing customer needs at every stage of their journey, starting from pre-sales inquiries to hand-holding and providing correct information to customers during the sale process, extending support & exceptional customer service after the sale transaction is completed.

time to read

3 mins

September 2025

CEO Insights

CEO Insights

LUBRIZOL NAMES ABHISHEK SHRIVASTAVA MANAGING DIRECTOR FOR IMEA

Lubrizol has appointed Abhishek Shrivastava as the Managing Director for India, the Middle East, and Africa (IMEA).

time to read

1 mins

September 2025

CEO Insights

CEO Insights

SAHIL GUPTA ENHANCING CUSTOMER LOYALTY BY STICKING TO HIS CORE VALUES

With growing concerns stemming from pollution, environmental shifts, and adulterated food, regular skin and hair care have become essential elements of a good lifestyle habit.

time to read

4 mins

September 2025

CEO Insights

CEO Insights

KENVUE INDIA NAMES SHILPI SINGH AS HEAD OF PEOPLE FOR INDIA BUSINESS

Kenvue, a company focused solely on consumer health in terms of revenue, has named Shilpi Singh as the Head of People for its India operations, starting September 1, 2025.

time to read

2 mins

September 2025

CEO Insights

CEO Insights

STEPS TO ENHANCE YOUR ORGANIZATION'S CYBER RESILIENCE

The rise in ransomware attacks and their graver outcomes emphasize a challenging truth.

time to read

3 mins

September 2025

CEO Insights

CEO Insights

THE INGREDIENTS OF A WORLD-CLASS ORGANIZATION

India has always aspired to become a global leader in manufacturing.

time to read

2 mins

September 2025

Listen

Translate

Share

-
+

Change font size