Ratan Tata, Chairman, Tata Sons, is no more. Admitted to the Breach Candy hospital in Mumbai, the 86-year-old Tata Group patriarch passed away in the late hours of 9 October 2024 due to age-related ailments.

Spearheading the entry of Tata Motors into passenger vehicle manufacture rather than be a commercial vehicles manufacturer only, Tata took over the mantle of Tata Sons as the umbrella organisation of Tata Group of companies in 1991 from JRD Tata.

Chairman emeritus of the USD 130-billion salt-to-software group, Tata was always passionate about automobiles and aeroplanes as much as he was caring about animals. A skilled aviator who would fly a plane himself, Tata was also a philanthropist. 

Highlighting an ability to risk by acquiring business such as Corus Steel of UK, Jaguar Land Rover of UK (from Ford Motor Company) and develop products such as the Nano for the common people, Tata messaged on ‘X’ that the recent rumours circulating regarding his health should not be considered as he was undergoing check-ups for age-related medical conditions and was in good spirits

He was admitted to the hospital on 7 October 2024 with age-related medical conditions. He has left behind him robust organisations in the form of Tata Motors and others, which have set an example of how success is achieved and how benchmarks are set. 

Tata Motors began its journey in the late 80s in the passenger vehicle space with the Tata Estate, Sierra and later the Indica against the competition  that was superior in their abilities to make cars.  Tata drove Tata Motors from what looked like a failure to the success that it today enjoys in the passenger vehicle domain by building capabilities starting with the passnger vehicle factory within the company's Pune premises. 

While projects like the Nano peoples’ car were very close to his heart and an outcome of the ambition to provide the ‘middle-class’ families a safe mode of personal transport, Tata was quite passionate about cars himself.

While he was often seen driving a Honda City in Mumbai near ‘Bombay House’ (the Tata Group headquarters) and the NCPA where he launched the Indigo Marina estate based on the Indica platform, Tata loved loved fast cars and flying his own plane.

Born on 28 December 1937 to Naval Tata and Soonoo Commisariat, Tata was raised by his grandmother Navajbai Tata along with his younger brother Jimmy. He completed his degree in architecture in 1962 from Cornell University, New York. He did an advanced management programme at the Harvard Business School in 1975.

On the advice of JRD Tata, Tata turned down a job offer from IBM to join the family business and began his stint as an apprentice on the shop floor of Tata Steel, shovelling limestone and handling the blast furnace.

Taking charge of the National Radio & Electronics Company (Nelco) in the late 70s along with the Mumbai-based Empress Mills, Tata was the fourth generation in the dynasty.

Successfully steering the Tata Group out of the rough winds that it got into when some of the business such as Tata Telecom went down, Tata stepped down on 28 December 2012 on turning 75. He passed the reigns over to Cyrus Mistry as his successor.

As relations between Mistry and Tata soured, Tata moved ahead to take over the leadership of the Tata Group on 24 October 2014. He put N Chandrasekaran, who was then heading TCS, in the commanding position as the Tata Group chairman in January 2017.

Comments (0)

ADD COMMENT

Link Copied!

Skoda Auto Volkswagen India has announced that it has achieved a major manufacturing milestone in its operations. The company recently rolled out its 500,000th made-in-India Skoda vehicle.

The milestone comes after 24 years since the company introduced the first Skoda Octavia from its Chhatrapati Sambhaji Nagar facility (formerly Aurangabad) in 2001.

At present, the company manufactures vehicles across two facilities in India – Chhatrapati Sambhaji Nagar and Pune, with them now supporting the company’s new manufacturing plant in Vietnam with parts and components.

Over the years, Skoda has rolled out its iconic products such as Octavia, Laura, Superb and Kodiaq to new products like the Kushaq, Slavia and its first sub-4-meter Kylaq.

Andreas Dick, Board Member for Production and Logistics, Skoda Auto, said, “Reaching the milestone of 500,000 cars produced in India is a proud testament to our strategic vision of unwavering commitment to India and operational excellence. By nurturing local engineering talent and embedding global manufacturing processes, we’ve built an ecosystem that is agile, scalable, and responsive to a dynamically changing environment that meets the highest international standards. This achievement reflects the synergy between world-class innovation and India’s growing industrial prowess.”

Piyush Arora, CEO & Managing Director, Skoda Auto Volkswagen India, said, “It is not just about manufacturing 500,000 cars, but building and nurturing 500,000 connections. Every car that rolls out of our production lines, shares DNA of European engineering with unmatched quality, crafted with precision; delivering supreme comfort, safety, technology and driving dynamics. This achievement belongs as much to our customers as it does to our employees. Because what we’re manufacturing here isn’t just mobility, it’s a belief in what India can make for domestic as well as international markets. India plays a pivotal role in the Group’s growth strategy. I am glad to mention that we achieve this manufacturing milestone in the same year as Skoda Auto celebrates 130 years of legacy globally and 25 years of presence in India.”

The company revealed that approximately 70 percent of the vehicles manufactured in India were rolled out from its Chhatrapati Sambhaji Nagar plant.

Comments (0)

ADD COMMENT

Link Copied!

Shell Lubricants, the lubricants business of UK-headquartered Shell Group of companies, has acquired 100 percent equity stake in Raj Petro Specialities from Brenntag Group.

India is currently the world’s third-largest lubricant market and this initiative Shell expects to further expand its portfolio and customer base in the country, but also enhance its presence in the global markets.

Raj Petro is a multi-faceted petrochemical manufacturing and marketing company with business partners in about 100 countries across the globe and offers a wide range of products catering to power, energy, transport, construction, automotive, personal care, food, agriculture, pharmaceutical and other industries.

The acquisition of Raj Petro Specialities supports Shell Lubricants as it strives to grow its portfolio and customer base in India, which is one of its key growth markets.

Jason Wong, Executive Vice-President for Global Lubricants, Shell, said, “The addition of Raj Petro Specialities will help maximise value for Shell through a complementary product portfolio and increased scale of business, positioning Shell Lubricants for further growth in line with our unwavering focus on performance, discipline, and simplification.”

Comments (0)

ADD COMMENT

Link Copied!

Swedish steel manufacturer SSAB has announced a new collaboration with Polmotors, a tier 1 supplier focusing on low-emission products, for exploring the potential of fossil-free materials in demanding automotive applications.

The partnership will see Polmotors explore manufacturing components using SSAB’s decarbonised steel.

SSAB is working on two unique decarbonised steels and aims to largely eliminate carbon dioxide emissions from its own operations. It has already introduced SSAB Zero, which is based on recycled steel and made using fossil-free energy. The company claims that it has also successfully produced the world’s first fossil-free steel. It works with iron ore producer LKAB and energy company Vattenfall as part of the HYBRIT initiative to develop a value chain for fossil-free iron- and steel production, replacing the coking coal traditionally used for iron ore-based steelmaking with fossil-free electricity and hydrogen. This process virtually eliminates carbon dioxide emissions in steel production.

On the other hand, Polmotors closely works with the likes of Volkswagen, Audi, BMW, Peugeot, Citroen, Jeep, Stellantis, Mercedes-Benz and Opel among others, to introduce high-performance components which are not only lighter but also greener.

Maciej Grabos, CEO, Polmotors, said, “Polmotors sees the future of fossil-free steel. And the potential competitive advantage of being an early adopter, positioning ourselves to meet the anticipated market demand from premium automotive OEMs. We design and manufacture crash management systems (CMSs) for these customers, such as bumpers and rally bars, so choice of materials is crucial. Polmotors looks forward to joint R&D – working with SSAB and the OEMs – for the implementation of new steel grades in our products.”

Robert Lewandowski, Key Account Manager, SSAB, said, “Polmotors recently celebrated its 35thanniversary. I’ve had the pleasure and privilege to meet them 20 years ago and observe how an initially small, Polish-owned enterprise turned into a global Tier1 supplier. Decarbonisation of the automotive industry requires cooperation across the supply chain where Tier 1 companies play an important role”.

Comments (0)

ADD COMMENT

Link Copied!

The Ministry of Heavy Industries (MHI) has announced a new initiative to promote green mobility in the country under the ‘Scheme to Promote Manufacturing of Electric Passenger Cars in India’ (SPMECI).

The initiative aims to focus on encouraging the manufacturing of electric four-wheelers in the country. The scheme eventually looks to establish India as a premier global EV-manufacturing hub and attract investments from global electric vehicle companies, along with generating employment.

The Ministry of Heavy Industry has opened the application portal for a period of around 3 months starting from 24 June 2025 till 6pm on 21^st October 2025.

HD Kumaraswamy, Union Minister for Heavy Industries and Steel of India, said, “Guided by the visionary leadership of Prime Minister Narendra Modi, this initiative marks a defining moment in India’s journey towards clean, self-reliant and future-ready mobility. The launch of this portal under the SPMEPCI scheme opens new avenues for global electric vehicle manufacturers to invest in India’s rapidly evolving automotive landscape. This scheme not only supports our national commitment to achieving Net Zero by 2070, but also reinforces our resolve to build a sustainable, innovation-driven economy.”

As per the guidelines, all approved applicants will need to invest a minimum of INR 41.5 billion to establish long-term manufacturing footprints in India. Global OEMs who invest in the country will be able to import electric passenger vehicles as Completely Built Units (CBUs) with a minimum CIF value of USD 35,000 at reduced customs duty of 15 percent for a period of five years from the Application Approval Date.

The Ministry has announced calibrated customs duty concessions and clearly defined Domestic Value Addition (DVA) milestones to strike a balance between the introduction of advanced EV technologies and the use of indigenous capabilities. Through domestic value addition targets, the scheme aims to fast track global and domestic companies towards becoming active partners in the country’s green mobility revolution.

SPMECI had been notified by a notification given on 15 March 2024.

Comments (0)

ADD COMMENT

Link Copied!