Ratan Tata

Businessman

1937-12-28

Quotes by Ratan Tata

• Power and wealth are not two of my main stakes.

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• When you have to earmark human and monetary resources for such a long time, it starts to hinder your other activities.

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• The economic situation, the high cost of undertaking manufacturing, the supply chain - which is, by the way, dying out also as manufacturing undergoes hardship - make the U.K. not the first place you would look at to make a manufacturing investment.

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• If a founder has passion and innovation, he needs to be supported. I am more intuitive than a numbers person, and I recognise that not all investments are going to be positive. Some may fail, and some may have problems for other reasons. That is life.

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• What I would like to do is to leave behind a sustainable entity of a set of companies that operate in an exemplary manner in terms of ethics, values and continue what our ancestors left behind.

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• If there are challenges thrown across, then some interesting, innovative solutions are found. Without challenges, the tendency is to go on the same way.

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• I will certainly not join politics. I would like to be remembered as a clean businessman who has not partaken in any twists and turns beneath the surface, and one who has been reasonably successful.

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• The most expensive part of any manufacturing unit is the paint shop.

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• I've often felt that the Indian tiger has not been unleashed.

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• I have always been very confident and very upbeat about the future potential of India. I think it is a great country with great potential.

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• Apart from values and ethics which I have tried to live by, the legacy I would like to leave behind is a very simple one - that I have always stood up for what I consider to be the right thing, and I have tried to be as fair and equitable as I could be.

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• After I retired, it seemed to me that there was a whole new world out there, which was a digital world driven by a marketplace, basically, which had a huge potential driven by handheld devices, which would one day become the virtual retail store of India.

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• People of great power wield great power, but people of lesser power or people who have fallen out of power go to jail without adequate evidence, or their bodies are found in the trunks of cars.

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• New startups embody the creativity, the innovation of young people, and for me, it was and is a very worthwhile experience to interact with them.

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