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Ratan Tata

Ratan Tata’s Contributions in Indian Startups

Ratan Tata is a name which is taken with full respect not only in India but in the whole world. Just like there is Ratan in his name, he was also a Ratna of India. He belongs to the famous industrial house of India, Tata. Despite being so rich, he was very down to earth and always did good for the society and India. Despite having a conventional business background, he had a keen interest in startups and he always encouraged the youth.

Investing in startups:

Ratan Tata has invested in many startup companies of India! Which have become very big companies today. These companies are, Ola, Car Dekho, Urban Company. Ratan Tata had invested in the early days of these startup, which helped a lot in the growth of these startup!

Encouraging entrepreneurship:

Ratan Tata had a lot of faith in the youth of India! He understood the importance of startups in early days of startup world in India and believed that startups are essential for India’s economic progress! He also used to share his experiences with the youth at many occasions!

Ratan Tata was not like many startup investors who invest once and forget about it. Despite being so busy, he took out time for the youth and played a key role as their advisor.

He used to share his decades of experience on how to face challenges in difficult times and move forward keeping the interests of the society in mind.

Emphasis on self-reliance:

Ratan Tata believed that startups can play an important role in India’s self-reliance! Just as the Tata Group has been trying to make India self-reliant for many decades. He believed that Indian startups should be of global standard so that they can compete with global startups.

Ability to identify innovative ideas:

Ratan Tata used to identify the future needs and opportunities due to his foresight. He invested in startups of e-commerce, Fintech, Education and Green Energy. He invested in companies like Ola, Paytm.

Responsibility towards society:

Ratan Tata was not only a good businessman but also a good human being! He also understood his responsibility towards the society very well. Under the Tata Trust, he has contributed a lot for the welfare of society and India, whether it is donating money during a pandemic like Corona.

His thinking towards the society also inspires the youth to fulfil their responsibility towards the society.

Conclusion:

Ratan Tata will always be remembered for his contribution to the Indian startup Jagat and will remain a source of inspiration for the youth.