Ratan Tata honoured with Global Indian award
Toronto: India`s top industrialist and chairman of the Tata Group, Ratan Tata has received the 2010 CIF Chanchlani Global Indian Award for his outstanding global leadership, vision and professional excellence.
The award which carries USD 225,000 (Rs One Crore) and citation was presented at the Annual Award Gala of Canada India Foundation, held in Vancouver Barj Dhahan, Gala Chair and Co-Chair of Canada India Foundation said.
Tata joined India`s largest business conglomerate in 1962 and in 1991 replaced his predecessor JRD Tata, as Chairman of Tata Sons.
Since then, the Group`s revenues have increased 12-fold.
Recent acquisitions under Tata`s guidance include Jaguar and
Land Rover from Ford Motor Company and Corus Group, an
Anglo-Dutch steel producer.
Tata was honoured with the Padma Vibhushan, India`s
second-highest civilian award in 2008.
His dream of manufacturing a low-cost and environmentally
friendly car that more people in India could afford to drive
was realised when the Tata Nano, also known as `the People`s
Car`, with an end-user cost of only USD 2,500, went into
production last year and has since received world-wide
Canada India Foundation created the CIF Chanchlani Global
Indian Award to recognise individuals who have demonstrated
global leadership, vision and professional excellence, which
has made people of Indian origin around the globe proud of
More from India
More from World
More from Sports
More from Entertaiment
- Discussion over BJP's enormous victory in Maharashtra civic polls
- UP polls: Top 5 highlights of PM Modi's speech in Bahraich
- BMC elections 2017: Who will be the Mayor of Mumbai?
- Is Samajwadi Party-Congress alliance just a compulsion for Akhilesh Yadav?
- NASA discovers seven Earth-like planets orbiting a single star
- Reliance Jio Vs Airtel free data plan: A comparison
- BMC election 2017 results: As it happened
- Maharashtra Civic Poll Results 2017: As it happened on Thursday
- WATCH: When Matthew Renshaw left everybody surprised by 'retiring ill' on Day 1 of India-England Test
- World's heaviest woman loses 50 kilos in just 12 days