Most Powerful Business Leaders in India

RATAN TATA, 74, Industrialist

Tata Group's total revenues are expected to increase from 3,80,000 crore in 2010-11 to 5,00,000 crore in 2011-12 as it continues to expand its position as India's premier multinational corporation. After spending a year looking for a candidate to succeed him, a committee of professionals zeroed in on his first choice, Cyrus Mistry, also a member of the panel. Mistry's sister is married to Noel Tata, Ratan's half-brother. He is an adviser on industry to David Cameron, prime minister of UK, where he is the largest employer in the manufacturing sector. In spite of the Niira Radia tapes, the chairman of the Tata Group remains an icon of industry.