Toronto, April 07: Ratan N Tata, India’s top industrialist and Chairman of the Tata Group, has been selected for the ‘2010 CIF Chanchlani Global Indian Award’ for his outstanding global leadership, vision and professional excellence.
The award, announced by Canada India Foundation yesterday, carries USD 225,000 (Rs one crores) and citation.
“The award would be presented to Tata at the annual Award Gala of Canada India Foundation to be held in Vancouver on May 15,” Barj Dhahan, Gala Chair and Co-Chair of Canada India Foundation said.
Tata joined the Tata Group, India’s largest business conglomerate, in 1962 and replaced his predecessor J R D Tata as Chairman of Tata Sons in 1991. Since then, the Group’s revenues have increased 12-fold.
The Group has acquired Jaguar & Land Rover from Ford Motor Company and Corus Group, an Anglo-Dutch steel producer under Tata’s guidance.
–PTI