Noel Tata's appointment to Tata Trusts was initiated in 2019 when he joined as a trustee. Now, he has been given full command.
Business Desk: After Ratan Tata, the command of Tata Trusts is now in the hands of his half-brother, Noel Tata. He has been chosen as the new chairman. His working style is quite different from Ratan Tata's. Noel Tata is already managing five Tata Group companies. Under his leadership, Trent Limited's shares have surged by over 6,000% in 10 years. He is known for his quiet and efficient work ethic.
Companies under Noel Tata's purview
Associated with the Tata Group for the past 40 years, Noel Tata has been responsible for Tata International Limited, Voltas, Tata Investment Corporation, Tata Steel, and Titan Company. He has significantly advanced the business of these companies.
Noel Tata's Working Style
Noel Tata prefers to stay away from the media. His working style is low-profile leadership, distinct from Ratan Tata's. Ratan Tata actively led the company from the front, playing a crucial role in every decision. In contrast, Noel Tata works quietly behind the scenes, avoiding public appearances and media attention. Since his appointment as MD of Trent in 1998, he has expanded the company from one store to 700 stores in India.
Expanding Tata's Global Presence
Noel Tata has played a vital role in expanding the group's global presence. Under his leadership, the Tata Group's retail business has achieved significant global reach. After becoming MD of Trent, he built it into a brand worth 2.8 lakh crore. He also grew Tata International from 4,000 crore to 24,000 crore. This success led to his appointment as chairman of Tata Trusts, a move initiated in 2019 with his inclusion as a trustee.
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