`I still have deadline for retirement`: Ratan Tata
New Delhi: Tata group supremo Ratan Tata on Tuesday said that deadline for his retirement was still intact, but before hanging his boots he would like to find a successor.
"I said that after (launching small-car) Nano, it will be a good time to step down...I still have a deadline for my retirement. I do have the responsibility to have a successor and both these things will take place," he told reporters here.
Tata, who had earlier said that the successor could be from outside India, had declared his intention to step down after the launch of world`s cheapest car `Nano`.
Nano made its commercial debut last year.
There has been speculation from time to time on who will succeed Tata at the USD 71-billion group that makes nearly everything from salt to steel to luxury cars.
Tata, who turned 72 last month, will stay in office till 2012.
The Tata group has 98 operating companies and 357,000 employees.
More from India
More from World
More from Sports
More from Entertaiment
- Sheena murder: Trio to be taken to Raigad to re-construct crime scene
- Mikhail emailed sister Sheena Bora's resignation letter: Report
- Raksha Bandhan: Sushma Swaraj ties Rakhi to Venkaiah Naidu
- DNA: 1965 Indo-Pak war- Analysis of India's victory and exposing Pakistan's lies
- Shiv Sena announces award of 2 lakh for Hindu families with 5 kids
- Indrani's ex-husband Sanjeev Khanna confesses to police he was involved in Sheena's murder
- Women's hockey team seals Olympic spot after 36 years, creates history on Dhyan Chand's birthday
- Dawood, Hafiz Saeed to be in fix as US, India may join hands to nab them
- Sushma Swaraj ties rakhi to M Venkaiah Naidu
- Indrani Mukerjea's son Mikhail emailed Sheena Bora's resignation letter