Maharashtra: Industrialist Ratan Tata conferred with ‘Udyog Ratna’ award

Mumbai: Veteran industrialist Ratan Tata was on Saturday conferred the first ever ‘Udyog Ratna’ award instituted by the Maharashtra government.

The award was presented to the 85-year-old chairman emeritus of Tata Sons by Chief Minister Eknath Shinde and Deputy CMs Devendra Fadnavis and Ajit Pawar at the industrialist’s home in Colaba, south Mumbai.

The honour comprised a shawl, a citation and a memento from the Maharashtra Industrial Development Corporation (MIDC).

“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.