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Tatas celebrate 60 years in U.S.
By agencies
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Friday, 27 May 2005, 19:30 IST
NEW YORK: Tata Group Chairman Ratan N Tata marked 60 years of the conglomerate's business in the U.S., an event here that brought together senior leaders from Tata Group companies and Fortune 500 organizations.
"Tata has had a long celebrated history of close relations with the U.S., ever since our founder, Jamsetji Tata, requested the assistance of an American, Charles Page Perin, to support him in developing the first steel plant in India," Ratan Tata said.
"This event not only celebrates our close ties within the U.S., it also stands as an example of the strong relations India has had with the U.S. over the years," he added.
During his visit to New York, he was also awarded the International Distinguished Achievement Award from B'nai B'rith International, one the world's oldest and largest human rights, community action and humanitarian organization.
"Tata Sons, along with other Tata companies, represents the best in corporate philanthropy, and together present an inspiring story of a group that has created wealth for a nation, holding 63 percent of its revenue in the Tata Philanthropic Trusts," said B'nai B'rith officials.
"These trusts have sponsored and promoted a number of public institutions including hospitals, education and research centers and scientific and cultural establishments throughout India and Asia," they said.