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Business News India: Latest Business News Today, Share Market, Economy

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Quote of the Day by Ratan Tata: 'The legacy I would like ...
2026-05-09 · via Business News India: Latest Business News Today, Share Market, Economy

He believed that true success was measured not by financial gain alone, but by the positive impact on society and the ability to "do the right thing," even when it was not the easiest path.

“Apart from values and ethics which I have tried to live by, the legacy I would like to leave behind is a very simple one - that I have always stood up for what I consider to be the right thing, and I have tried to be as fair and equitable as I could be,” a powerful quote by Ratan Tata, reminds us the importance of integrity and fairness.

Throughout his career, Tata was known for maintaining high integrity and refusing to engage in corrupt practices, even when it meant losing significant business opportunities.

This enduring piece of wisdom continues to resonate across generations, especially in today's fast-paced, results-driven world. 

Who is Ratan Tata 

Ratan Tata (1937-2024) was an iconic Indian industrialist, philanthropist, and the former Chairman of the Tata Group. He is widely regarded as one of India's most respected business leaders, known for transforming a largely India-centric conglomerate into a global powerhouse while maintaining a steadfast commitment to ethical values.

Born into the prominent Tata family in Mumbai, he studied architecture at Cornell University before returning to India in 1962.

Under his stewardship, the group made high-profile international acquisitions, including Tetley Tea, Jaguar Land Rover, and Corus Steel. Ratan Tata was the visionary behind projects like the Tata Nano, envisioned as the world's most affordable car for the Indian middle class.

He was awarded two of India's highest civilian honours: the Padma Bhushan (2000) and the Padma Vibhushan (2008). Tata passed away on October 9, 2024, at the age of 86 in Mumbai, leaving behind a legacy of "business with a purpose".

When was this quote said by Ratan Tata

Ratan Tata said this during an interview in December 2012. At the time, he was preparing to retire as the Chairman of Tata Sons, and the quote was part of his reflections on his 21-year tenure and the kind of impact he hoped to leave behind.  

What does this quote mean? 

This quote reflects Ratan Tata's personal "moral compass." Instead of focusing on business metrics like revenue or market share, he chose to define his life by character and conscience.

He believed that true success was measured not by financial gain alone, but by the positive impact on society and the ability to "do the right thing," even when it was not the easiest path.

Under his guidance, the Tata Group became a symbol of trust and social responsibility, prioritising community welfare and ethical governance alongside global expansion.

Published on: May 9, 2026 7:30 AM IST