A must read story of Ratan Tata buying Jaguar to take revenge from Ford.
The word “Great” is not the only difference in “just people” and “great people”. The story we have, should tell the reason.TATA group is a leading business house in India. Apart from scale of business operations, they are also known for values observed in their business practises.
Ratan Tata is another man, who continued the legacy of India’s most trusted business.
When someone is insulted, anger is the only outcome. However, great people can use this anger to plan business policies and goals.
After earlier failures, Tata Motors did well with its business of passenger cars but in the same period, Ford did very bad. In 2008, when Ford was on its way of bankruptcy, Tata Group offered Ford to buy their luxury car brand Jaguar-Land Rover. Bill Ford, along with his team, reached “Bombay House”. “Bombay House” is the headquarter of Tata Group. The deal was finalized for 2.3 billion US $, which amounted to 9300 crore Indian Rupees at that time. Ford was incurring heavy losses from Jaguar – Land Rover division.
In the meeting, Bill Ford said to Ratan Tata, ” You are doing a big favor for us by buying Jaguar- Land Rover”.
Jaguar- Land Rover is now owned by Tata Group and is currently making profit.


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