Noel Tata is an Indian businessman with Irish citizenship. He is currently the Chairman of Trent Tata Investments and Vice Chairman of Titan Corporation. He is also the former managing director of Tata International, a position he resigned from in 2021.
Wiki/Biography
Noel Tata was born in India in 1957 (age 65 in 2022). He was born into a wealthy business family and spent his early years surrounded by luxury goods. He received his bachelor’s degree from the University of Sussex in the UK and attended the International Executive Program at INSEAD in France.
family
Noel Tata belongs to the Parsi family.
Parents and siblings
He is the only son of Naval Tata and Simone Tata (Navarre Tata’s second wife). His father is a businessman and his mother is a businesswoman. Ratan Tata and Jimmy Tata are his half-brothers.
wife and children
Noel Tata married Aloo Mistry, daughter of Pallonji Mistry. The couple has a son named Neville Tata and two daughters named Leah Tata and Maya Tata.
genealogy
Tatas family tree
Click here to know more about the Tatas.
Profession
Noel Tata joins forces with UN Women to promote gender equality
He began his career working with Tata International, the Tata Group’s entity that provides products and services overseas. In 1999, he became the Managing Director of Trent, the Tata International retail vertical founded by his mother. At that time, Trent had just acquired Littlewoods International (department store) and changed its name to Westside. Noel devoted himself to the development of Westside and quickly turned it into a profitable enterprise. Under his leadership, Trent’s market capitalization rose to Rs. From 36 billion rupees in 2014 to 400 billion rupees in 2021. He was also appointed as a director of Titan Industries and Voltas in 2003. From 2010 to 2011, he became the Managing Director of Tata International. At the time, the company was responsible for the US$70 billion Tata Group’s overseas operations. He was also praised for his work for Voltas, which has doubled its market valuation from Rs. 18,000 and above Rs 40,000. In 2019, he was nominated as a trustee of the Tata Trusts and currently he is a trustee of the Sir Dorabji Tata Trust and the United Trust Company, which controls Tata Sons. Noel Tata will remain in the executive role until November 2021, resigning after turning 65. He currently holds various non-executive positions within the TATA Group. These include serving as Chairman of Trent, Voltas, Tata International, Tata Investments and Vice Chairman of Titan.
#LeadStoryOnET | #noeltata Give up all administrative duties and may become more active #tatatrusts #trustee https://t.co/9GS58JeUHv pic.twitter.com/madEZGo26y
— Economic Times (@EconomicTimes) November 23, 2021
dispute
Speculators believe he will be the successor to the Tata Group after Ratan Tata. But in 2011, Noel’s brother-in-law Cyrus Mistry was announced as Ratan Tata’s successor. However, in 2016, Cyrus was ousted and Ratan Tata took over as chairman. He served in this position for four months before finally resigning in February 2017.
Facts/Trivia
- Noel Tata’s father is the adopted son of Ratan Ji Tata.
- He is the half-brother of former Tata Sons chairman Ratan Tata.
Categories: Biography
Source: HIS Education