Ratan Tata: Shaping the British Industry
UK Business and Trade Secretary Jonathan Reynolds paid tribute to Ratan Tata, honoring him as a business titan. Tata Group, under Ratan Tata’s leadership, made significant UK acquisitions including Corus, JLR, and Tetley. The group's ongoing investments, such as a planned EV battery plant, continue to influence the industry.
- Country:
- United Kingdom
The UK Business and Trade Secretary Jonathan Reynolds has paid tribute to Ratan Tata, hailing him as a titan of the business world whose impact on British industry is profound.
Amidst the news of Ratan Tata's passing, Reynolds took to social media to express his condolences, acknowledging Tata's role in building the reputation of the Tata Group as one of the largest UK employers. Under Tata's leadership, the group acquired key UK businesses such as Corus, JLR, and Tetley.
The Tata Group's UK investments are vast, with ownership of the biggest steelworks at Port Talbot and plans to invest over GBP 4 billion in an EV battery plant. This initiative, as well as ongoing steel production, highlights the Tata Group's continued impact in the sector.
(With inputs from agencies.)