Ratan Tata Implores Budding Entrepreneurs To Think What They Can Do For The Country

Ratan Tata Implores Budding Entrepreneurs To Think What They Can Do For The Country

At a recent event in Vadodra, Ratan Tata stated, “India needs to transform itself in a way that any Indian who has the ability and who is making an effort to succeed, the environment should support that success trajectory and not be envious of it.”

The former chairman of Tata Group Ratan Tata became the 2nd recipient of the Sayaji Ratna Award instituted by Baroda Management Association (BMA). The award was given on the occasion of the 150th birth anniversary of late Sayajirao Gaekwad, the erstwhile ruler of the princely state of Baroda. In 2013, N R Narayana Murthy, founder of Infosys Limited, had come to the city to personally receive the award as the first recipient of the award.

Tata also advised budding entrepreneurs to think about what they can do for the country, rather than what the country can do for them. He said he believed that there is great potential in the country where everyone has equal opportunity.

Tata, said, “Entrepreneurs create enterprises because they are attracted to create something that they believe in. In India, we need to create an environment that enables and supports people to risk their time and spend an important and sizeable amount of their lives to build the business they believe in.”

Ratan Tata himself has been on an entrepreneurship fostering spree, investing in his personal capacity in many emerging startups over the past two years.  Tata’s investment is seen as a hallmark of trust for the company invested in, and hence, provides a major boost to its credibility. From the likes of Bluestone, to Urban Ladder to HolaChef, his portfolio spans a wide array of sectors. In 2014, he started investing in the startup space with investments in BlueStone, Urban Ladder and Snapdeal.

Here’s a quick look at his investments till date-

Author

Shweta Modgil

Inc42 Staff
Passion for writing and interest in the start-up space brings Shweta to Inc.42. She has prior experience as a Research Analyst in the venture capital/ private equity space and the auto industry. Fiction writing is her other forte and her first book titled One Hundred Days published by Tara Press debuted in 2014.
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