Noel Tata Age, Death, Caste, Wife, Children, Family, Biography & More » CmaTrends

Some Lesser Known Facts About Noel Tata

• Noel Tata is an Indian-born Irish businessman known for his contribution to some of Tata’s well-known companies. He is the chairman of Tata Investment Corporation, Trent, and the Vice-Chairman of Titan Industries. He is a well-known face of Tata’s who also served as the Managing Director of Tata International until 2021.  

• Noel Tata comes from a wealthy Indian business family and is the only son of Simone and Naval Tata. His father was a renowned businessman just like his mother who was a businesswoman. He has two half-brothers from his stepmother, and they are Jimmy and Ratan Tata.  He remained surrounded by luxuries all his life and joined the family business after completing his education. 

• Be began his career in the Tata Group by working at Tata International, which is a Tata’s company dealing abroad in various products and services. He came into the limelight when he became the Managing director of Trent, a company founded by his mother. He headed his company which is the retail vertical of Tata International. 

• When he gained the leadership of Trent, it newly acquired Littlewoods International which was a department store. This newly acquired venture was renamed as Westside. Since then Noel worked on its growth and turned it into a profitable business. With his leadership, Trent grew from a market valuation of Rs.36,00 Crores in 2014 to 40,000 Crores in 2021.  

• He married Aloo Mistry, the daughter of Pallonji Mistry who is an Irish billionaire businessman. They have two daughters named Maya and Leah Tata and a son named Neville Tata.  

• He married Aloo Mistry, the daughter of Pallonji Mistry who is an Irish billionaire businessman. They have two daughters named Maya and Leah Tata and a son named Neville Tata.  

•  In 2003, he was appointed as the director of Voltas and Titan Industries. He also became the Managing Director of Tata International during 2010 – 2011 and at that time Tata International operated as an overseas entity of the Tata Group that had a valuation of $ 70 billion.

• People believed that he will be the successor of Ratan Tata and will take over the chairmanship of Tata Group. These humors went wrong when his brother-in-law, Cyrus Mistry became the successor of Ratan Tata. He held this position only for some time and Ratan Tata took back his chairmanship of the Group and in February 2017, he finally stepped down. 

• He took charge of Voltas in 2017. Under his leadership at Voltas, its market valuation grew from Rs. 18,000 Crore to more than Rs. 40,000 Crore. He was appointed as a trustee of Tata Trusts in 2019 and is also a trustee of Allied Trusts and Sir Dorabji Tata Trust, two of the major trusts which impact and control Tata Sons’ decision-making process. 
• Till 2021, Noel Tata continued to work in executive roles at Tata Group. In November 2021, he finally decided to step down from executive roles after reaching the age of 65 years. However, he still holds non-executive positions in Tata Group and currently serves as the vice-chairman of Titan and chairman of Voltas, Trent, Tata Investment Corp, and Tata International.
• In 2022, Noel Tata integrated the 200th Store of Westside at the Utopia Garden Grove mall, Chikoowadi, Borivali West which became the new benchmark for his company Trent. Noel Tata has also launched the Tata Super App on 7 April 2022 which will bring more business to Westside. He said,
  “Westside (the brand name for Trent stores) currently has 7 million loyalty members, whereas the Tata super app expects to connect Westside to a base of 70 million Tata customers,”