Indian - Businessman | December 28, 1937 -
I always felt that Nano should have been marketed towards the owner of a two-wheeler because it was conceived giving the people who rode on two wheels with the whole family an all-weather safe form of affordable transportation, not the cheapest.
Ratan Tata
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There's a lot of interest in Nano outside India.
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I have always been bullish about India's potential. I still am, and I feel India is a country that really has an enormous amount of potential and has the human capital to succeed.
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Flying, I continue to be involved with. I love flying, and I hope to keep doing it so long as I can pass my medicals and stay proficient.
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After I retired, it seemed to me that there was a whole new world out there, which was a digital world driven by a marketplace, basically, which had a huge potential driven by handheld devices, which would one day become the virtual retail store of India.
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New startups embody the creativity, the innovation of young people, and for me, it was and is a very worthwhile experience to interact with them.
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A founder who is in for the short run, or has no passion for the sector he is in, doesn't give me a great deal of comfort.
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Since I got involved in Telco, we first developed the first modular truck, the 407, then the 709, and now the 2213. These trucks broke away from the old face of Telco trucks. I was also just as much involved with the Safari, but nobody talks about the Safari. My involvement has been there with all Telco's projects -somehow the car has got hyped up.
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I'm the non-executive chairman of nine or so major companies, and on the nine companies, it's a little trying because you jump from one industry to another, as the case might be. But one had the reasonable knowledge of those nine activities, and it's been an exciting job.
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The - the early Rockefellers made their wealth from being in certain businesses and - and remained personally very wealthy. Tatas were different in the sense the future generations were not so wealthy. They - they were involved in the business, but most of the family wealth is put into trust, and the family did not, in fact, enjoy enormous wealth.
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Perhaps the loneliest time was during the Tata Tea issue in Assam. For some reason, everyone believed that we had conspired with the extremists, ULFA. People still believe what they read is necessarily the truth. Sometimes it is based on inadequate or wrong information.
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