After Ratan Tata's 21-year tenure as chairman of Tata Sons, the conglomerate's market capitalization grew from Rs 30,000 crore to Rs 5 lakh crore, with revenues soaring from Rs 18,000 crore to Rs 5.5 lakh crore. Wholly committed to streamlining operations and enforcing a singular corporate identity across its various subsidiaries, Tata not only transformed the group into a globalized enterprise but also laid the groundwork for future success. His strategic decisions and well-timed acquisitions contributed significantly to the group's dramatic growth, earning him the title of Chairman Emeritus of Tata Sons.
In 2000, Tata Tea made headlines by acquiring global brand Tetley, twice its size. This groundbreaking purchase marked a defining moment for the Tata brand, leading to a string of other successful overseas acquisitions, including the luxury car brands Jaguar and Land Rover in 2008. The forward-thinking approach of Tata's leadership, led by Chairman Ratan Tata, propelled the company onto the global stage and cemented its position as a major player in the business world.