Ratan Tata, the chairman of Tata Group, was bestowed with the Udyog Ratna award at his residence by Maharashtra Chief Minister Eknath Shinde, along with Deputy Chief Ministers Ajit Pawar and Devendra Fadnavis, on Saturday.
The Maharashtra government introduced the prestigious Udyog Ratna award this year and Tata became the inaugural recipient of this award today. The state government made an announcement about the award in July this year.
Regarding the award and its recipient, Ratan Tata, Eknath Shinde commented, “The contributions of Ratan Tata and the Tata Group to the nation are substantial. I express my gratitude to him for accepting this recognition presented by the Maharashtra government.”
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The ceremony for the Udyog Ratna award will take place on Sunday. However, Ratan Tata will not be attending it due to his ill health. This is why he was conferred the award at his residence on Saturday.
Talking to reporters afterward, Shinde said honouring Tata as ‘Udyog Ratna’ has enhanced the prestige of the award.
“The contribution of the Tata group in all sectors is immense. Tata means trust,” he said.
The steel-to-salt group operates in more than 100 countries across six continents. In 2021-22, the collective revenue of Tata companies stood at $128 billion.
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