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News & Views on Indian Real Estate

Wednesday, May 28, 2008

Ratan Tata among most powerful in UK construction industry

Tata group chairman, Ratan Tata, already named among the world’s most influential business people from India, has made it to a list of the 30 most powerful in the British construction space with a ranking higher than even the UK’s Minister for Housing. The list compiled by UK-based digital magazine Contract Journal, which features people with a direct influence on the construction industry, has placed Ratan Tata at the 16th position. Already providing products that feature in many British homes after its takeover of Tetley in 2000, Ratan Tata’s Tata Group now supplies the mainstay material in most of its offices: steel. Earlier this month, the U.S. business publication Conde Nast Portfolio had named Ratan Tata among the ‘73 Biggest Brains in Business´ for his $2,500 car, Nano. Moreover, Time magazine had chosen Ratan Tata as one of the 100 most influential people in the world.

Vikas Bamotra said...

Jaguar and Land Rover have not been UK-owned for several years, they were owned by US corporation Ford. Tata has promised to retain the British workforce, so the deal is good for the UK economy and employment.

UK is the fifth largest economy in the world, which is positive for a relatively small nation, so I don't understand the pessimism of some of the commentators here.

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