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Ratan Tata Inducted Into The Automotive Hall Of Fame
Ratan Tata is not the Chairman of Tata Motors any more, however, he has definitely turned around the company. The Indian has now been inducted into ‘Automotive Hall of Fame'.
He was also instrumental in the acquisition of Jaguar Land Rover. Ratan Tata has also made the brand more accessible as well as a profit churning company, which it previously failed to do.
A special awards ceremony was organised where Ratan Tata, who is currently 77 years old was bestowed the honour. The ceremony was organised in Detroit on the 23rd of July, 2015.
Automotive Hall of Fame has been established way back in 1939. Since then over 250 individuals have been inducted. The honour is reserved for those individuals who have had a positive impact in the automotive industry.
Along with Ratan Tata, former Ferrari Chairman Luca di Montezemolo was inducted into Automotive Hall of Fame. Elwood Haynes, co-founder of Haynes-Apperson Automobile Co. was also inducted with Roger Penske, Founder and Chairman of Penske Corporation.
Tata Nano was the brainchild of Ratan Tata, he wanted to make four-wheelers more accessible to Indians. The Nano currently is one of the most affordable vehicles and its latest iteration is the best so far.