Ratan Tata Award Winning Speech with BIG Subtitles

Summary

The speaker reflects on his rewarding journey in India's automotive industry, overcoming skepticism to produce the Indica, India's first indigenous car. He highlights the industry's excitement and its role in transforming India's economy, acknowledging the support of colleagues and expressing gratitude for the Hall of Fame recognition.

Takeaways

• 🚗 The speaker finds the automotive industry in India to be the most fascinating and rewarding business they've been involved in.
• 🌟 The greatest pleasure for the speaker was achieving something that was deemed impossible by others.
• 🏭 The speaker recalls the creation of the 'Indica', India's first indigenous car, as a significant moment in their career.
• 🤝 Despite advice to collaborate and import technology, the speaker and their team insisted on producing a fully Indian-made car.
• 📉 Initial skepticism from friends in India led to a feeling of isolation when launching the 'Indica'.
• 🚀 The 'Indica' succeeded in capturing a 20% market share, proving the naysayers wrong.
• 🛠️ The automotive industry in India has been a platform for testing new technologies and building methods.
• 🌐 The transformation of the Indian economy to a mobile economy has been significantly influenced by the automotive sector.
• 🏆 The speaker expresses gratitude for receiving an award and acknowledges the role of their colleagues in the company's success.
• 🏢 The speaker credits the Automotive News for the recognition and inclusion in the Hall of Fame.

Q & A

What is the speaker's feeling about being present at the event?

The speaker feels overwhelmed and privileged to be present at the event.

In which industry did the speaker find the most fascination?

The speaker found the most fascination in the automotive area.

What was the speaker's greatest pleasure in the automotive business?

The speaker's greatest pleasure was trying to do something that everybody said could not be done.

What was the name of the car that the speaker decided India could produce?

The car was called the Indica.

What was the initial reaction of the speaker's friends when he decided to produce a car in India?

The speaker's friends overseas in the automobile business said it couldn't be done and that they had to go through a collaboration to get know-how and technology.

What was the market response to the Indica when it was launched?

The Indica earned a 20% market share.

How did the speaker feel when the car was about to be launched?

The speaker felt that he didn't have a friend in the world and that all the warnings people had given him were probably going to come true.

What does the speaker attribute the success of the automotive industry in India to?

The speaker attributes the success to the ability to test new technologies and building methods, and its role in transforming the Indian economy into a mobile economy.

What role did Detroit play in the transformation of the Indian automotive industry?

Detroit played a significant role as a lot of what happened in India's automotive industry happened right there.

What is the significance of the award the speaker received?

The award is a humbling recognition for the speaker and signifies the importance of his contribution to the automotive industry.

Who does the speaker credit for the transformation of the business?

The speaker credits his colleagues in the company for transforming the business.