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Tata Steel, which is considered to witness the beginning of Ratan Tata’s career, is one of the oldest and most important companies of the Tata Group. Ratan Tata began his career in this 117-year-old company when he turned down the lucrative offer from IBM and joined Tata Steel in 1961. This decision not only proved important for his career but also led to his deep relationship with Tata Steel.
Tata Steel has a wonderful history. It was founded by Jamsetji Tata in 1907 and became India’s first private steel company. This company has played an important role in the industrial progress of the country, especially before and after independence. At the time of independence, when the country was in dire need of steel, Tata Steel stood shoulder to shoulder with India’s development. This company continues to be the backbone of the country in the field of steel production.
The difference is 9 times
Tata Steel’s current valuation is around Rs 2 lakh crore and its share price is around Rs 159. If we compare this company with other Tata group companies, it seems relatively small. Whereas when we compare it with the company whose job Ratan Tata left, there is a 9 times difference. IBM’s market capitalization is around Rs 18 lakh crore, which is much more than that of Tata Steel. We told you that Ratan Tata had left this offer at the behest of JRD Tata. He did not want Ratan Tata to spend his talents on the growth of someone else’s company. That’s why he asked Ratan Tata to join Tata Steel. Ratan Tata did not ignore JRD Tata’s advice and took charge of Tata Steel.
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Tata had a special connection with this.
Tata Steel’s relationship with Ratan Tata has been very special. This company not only gave him a start in his career, but also taught him leadership skills and business management experiences. Tata Steel’s calm and stable work style has made it one of the most trusted companies in the country. He has gone through many ups and downs, but he has always proven his worth.
Tata Steel’s contribution to the Indian industrial world is unforgettable. This company has not only contributed to the country’s economy but has also played a leading role in social development and community upliftment. This company is not only a part of the history of India’s industrial development but has also written an important chapter in the country’s progress.
