Ratan Tata inducted in 2015 Automotive Hall of Fame

Ratan Tata, the chairman emeritus of Tata Sons, has been inducted in the 2015 Automotive Hall of Fame for his contribution to the automotive industry. He has been credited with the turnaround of Jaguar and Land Rover, returning the two British brands to profitability.

Ratan Tata acquired Jaguar Land Rover from Ford in 2008. Jaguar Land Rover has doubled in sales and employment, more than tripled its turnover, and invested £10 billion in new product creation and capital expenditure. Last year was the fifth successive year of growth for Jaguar Land Rover. Tata's investments in Jaguar Land Rover saved or created over 33,000 jobs in England.

Under Ratan Tata, Tata Motors also launched the Tata Nano, the cheapest car in the world.

Along with Rata Tata, Luca Di Montezemolo, former chairman of Ferrari and Roger Penske, founder and chairman of Penske Corporation and Rodney O'Neal, former CEO and president, Delphi Automotive PLC, and Elwood Haynes have been inducted into the Hall of Fame.

The Automotive Hall of Fame was founded in 1939. Earlier inductees include the likes of Karl Benz, Ettore Buggati, Henry Ford, Ferdinand Piëch, Sergio Pininfarina and Ferdinand Porsche among others.

Source: Autocar Professional