Toronto: India’s top industrialist and Chairman of the Tata Group, Ratan Tata has received the 2010 CIF Chanchlani Global Indian Award for his outstanding global leadership, vision and professional excellence.
The award which carries USD 225,000 (Rs One Crore) and citation was presented at the Annual Award Gala of Canada India Foundation held in Vancouver, Barj Dhahan, Gala Chair and Co-Chair of Canada India Foundation, said.
Tata joined India’s largest business conglomerate in 1962 and in 1991 replaced his predecessor JRD Tata, as Chairman of Tata Sons.
Since then, the Group’s revenues have increased 12-fold.
Recent acquisitions under Tata’s guidance include Jaguar and Land Rover from Ford Motor Company and Corus Group, an Anglo-Dutch steel producer.
Tata was honoured with the Padma Vibhushan, India’s second-highest civilian award in 2008.