Ratan Tata speech - Automotive Hall of Fame

thank you it's a great pleasure and a great privilege to be here this evening a little overwhelming if I might say so and I'm overwhelmed let me just say that on all the years and the very varying capacities that I've tried to work in in India the most fascinating period of time that I've had is in the automotive area the automobile business is truly an emotive and a tremendously rewarding business it has more excitement than any other business I've been involved in and the greatest pleasure I've had is trying to do something that everybody says could not be done I just share perhaps perhaps say a moment in time which I will always cherish I decided that India could produce its own car everybody my friends are overseas in the automobile business said that this couldn't be done we had to go through a collaboration to get know how to get technology but we undertook to produce this car you saw images of it in the video it was called the indica and we produced it in India totally of Indian content as we as we got close to putting it in the market my friends in so a distance themselves remained otherwise known as distancing yourself from failure and when the car came out I suddenly felt that I didn't have a friend in the world and that all the warnings that people had given me were probably going to come true but the car did come out it did earn a 20% market share and we showed that we could do something throughout throughout the time I've been involved in business there hasn't been anything that has equaled the excitement the reward and the exhilaration that the car industry has provided and can't provide it gives as has been said earlier an opportunity to test new technologies new building methods but above all it is helped in the transformation of the Indian economy to a mobile economy and a great deal of what has happened in India's happened right here in Detroit the world there was a great deal to the United States for doing what it did to get the car industry to be taken for granted the rest of the world as it has over the years it's a great pleasure to be involved in the industry and in a very humbling recognition to receive the award that's been bestowed today I owe this to my colleagues in the company who have transformed this business and I would like to thank the automotive news of the who put together this award and to say how much I cherish the being included in the Hall of Fame thank you so much you

Channel: Automotive Hall of Fame

Views: 65,712

Keywords: Ratan Tata (Organization Leader), Tata Group (Business Operation), Automotive Hall of Fame

Id: jryGdH0XATw

Length: 4min 29sec (269 seconds)

Published: Thu Jul 30 2015