Ratan Tata, Chairman Emeritus of Tata Sons and one of the most prominent industrialists, passed away on Wednesday, (Oct&nbsp;9). His demise was confirmed by the chairman of Tata Sons, N Chandrasekaran.

“It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation,” Chandrasekaran said in a statement shared on X.

Tata was known for his modest lifestyle. He had an estimated net worth of Rs 3,600 crore, with Tata Group being one of the most prominent companies in the country.&nbsp;

Also read |&nbsp;<a href="https://www.wionews.com/india-news/breaking-ratan-tata-indian-business-tycoon-dies-aged-86-766108">Ratan Tata, Indian industry’s titan, visionary, and philanthropist, dies at 86</a>

After his demise, people are speculating who will be the doyen's successor to continue his legacy. While N Chandrasekaran has already taken over Tata Sons as chairman, questions still arise about who will be the next Tata leader. Several Tata family members are leading different parts of the business, and Noel Tata is speculated to be the next contender, according to reports.&nbsp;However, the company has not given any confirmation yet.

<h2>Who is Noel Tata?</h2>

Noel Tata is Ratan Tata’s half-brother and son of Naval Tata from his second wife, Simone Tata. He has been involved in the family business for 40 years and already holds a key position in the company, making him the likely successor.

Also read |&nbsp;<a href="https://www.wionews.com/india-news/ratan-tata-once-said-he-wanted-to-be-remembered-as-his-words-have-now-gone-viral-766197">Ratan Tata once said he wanted 'to be remembered as...' His words have now gone viral</a>

Noel Tata is the Chairman of Trent, Tata International Limited, Tata Investment Corporation, and Voltas. He is also the Vice Chairman of Tata Steel and Titan Company Limited. Additionally, he is a Trustee on the Boards of Sir Ratan Tata Trust and Sir Dorabji Tata Trust.

He was the Managing Director of Tata International Limited from August 2010 to November 2021, during which the company’s turnover increased from $500 million to over $3 billion. He was also the key person who led to the expansion of Trent Limited from one store in 1998 to 700 stores at present.

Noel Tata got his education from Sussex University in the UK and did the International Executive Programme at INSEAD. He has three children, Maya, Neville, and Leah, who are also involved with the Tata Group.

(With inputs from agencies)

Ratan Tata, Chairman Emeritus of Tata Sons and one of the most prominent industrialists, passed away on Wednesday, (Oct 9). His demise was confirmed by the chairman of Tata Sons, N Chandrasekaran.

Ratan Tata, Chairman Emeritus of Tata Sons and one of the most prominent industrialists, passed away on Wednesday, (Oct 9). His demise was confirmed by the chairman of Tata Sons, N Chandrasekaran. “It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation,” Chandrasekaran said in a statement shared on X. Tata was known for his modest lifestyle. He had an estimated net worth of Rs 3,600 crore, with Tata Group being one of the most prominent companies in the country. Also read | Ratan Tata, Indian industry’s titan, visionary, and philanthropist, dies at 86 After his demise, people are speculating who will be the doyen's successor to continue his legacy. While N Chandrasekaran has already taken over Tata Sons as chairman, questions still arise about who will be the next Tata leader. Several Tata family members are leading different parts of the business, and Noel Tata is speculated to be the next contender, according to reports. However, the company has not given any confirmation yet. Who is Noel Tata? Noel Tata is Ratan Tata’s half-brother and son of Naval Tata from his second wife, Simone Tata. He has been involved in the family business for 40 years and already holds a key position in the company, making him the likely successor. Also read | Ratan Tata once said he wanted 'to be remembered as...' His words have now gone viral Noel Tata is the Chairman of Trent, Tata International Limited, Tata Investment Corporation, and Voltas. He is also the Vice Chairman of Tata Steel and Titan Company Limited. Additionally, he is a Trustee on the Boards of Sir Ratan Tata Trust and Sir Dorabji Tata Trust. He was the Managing Director of Tata International Limited from August 2010 to November 2021, during which the company’s turnover increased from $500 million to over $3 billion. He was also the key person who led to the expansion of Trent Limited from one store in 1998 to 700 stores at present. Noel Tata got his education from Sussex University in the UK and did the International Executive Programme at INSEAD. He has three children, Maya, Neville, and Leah, who are also involved with the Tata Group. (With inputs from agencies)

Who is Noel Tata, the likely successor of Ratan Tata in the Tata Group?

The Tata Group soon might start manufacturing iPhones in India as it's all set to acquire a major producing plant in Karnataka -- Wistron's iPhone factory. The group has been in talks with this Taiwanese company for months now. The deal will be finalised by the end of March this year,&nbsp;a person familiar with the matter told Bloomberg.

The source also claimed that both companies have been discussing the deal for a long and have decided that&nbsp;Tata Group should take a&nbsp;majority of the joint venture. Though, the official statements have not yet been made. The deal is expected to be completed by March.

Watch |&nbsp;Apple's iPhone exports from India surpass $2.5 billion

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/apples-iphone-exports-from-india-surpass-25-billion-550917/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

If the Tata Group is able to acquire the factory, then it will be India's first home-grown iPhone manufacturer, which is likely to give a boost to the government's aim of making India an electronic manufacturing hub. According to India Today, some iPhones are assembled in India but are not manufactured.&nbsp;

<a href="https://www.wionews.com/technology/apple-to-sign-luxshare-for-iphone-production-in-china-says-report-hikes-battery-replacement-price-by-20-549591">Also read |&nbsp;Apple to sign Luxshare for iPhone production in China, says report; hikes battery replacement price by $20</a>

In an interview with Bloomberg, N Ganapathy Subramaniam, the operating chief at Tata Consultancy Services said, "I am not directly involved in that, but it should be really good for India because this is going to create an opportunity in India to manufacture electronics and microelectronics."

If iPhone production begins&nbsp;in India, then it&nbsp;might be possible that the devices will be available to users&nbsp;at cheaper rates than they usually are.&nbsp;

(With inputs from agencies)

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The Tata Group soon might start manufacturing iPhones in India as it's all set to acquire a major producing plant in Karnataka -- Wistron's iPhone factory. The group has been in talks with this Taiwanese company for months now.

The Tata Group soon might start manufacturing iPhones in India as it's all set to acquire a major producing plant in Karnataka -- Wistron's iPhone factory. The group has been in talks with this Taiwanese company for months now. The deal will be finalised by the end of March this year, a person familiar with the matter told Bloomberg. The source also claimed that both companies have been discussing the deal for a long and have decided that Tata Group should take a majority of the joint venture. Though, the official statements have not yet been made. The deal is expected to be completed by March. Watch | Apple's iPhone exports from India surpass $2.5 billion If the Tata Group is able to acquire the factory, then it will be India's first home-grown iPhone manufacturer, which is likely to give a boost to the government's aim of making India an electronic manufacturing hub. According to India Today, some iPhones are assembled in India but are not manufactured. Also read | Apple to sign Luxshare for iPhone production in China, says report; hikes battery replacement price by $20 In an interview with Bloomberg, N Ganapathy Subramaniam, the operating chief at Tata Consultancy Services said, "I am not directly involved in that, but it should be really good for India because this is going to create an opportunity in India to manufacture electronics and microelectronics." If iPhone production begins in India, then it might be possible that the devices will be available to users at cheaper rates than they usually are. (With inputs from agencies) WATCH WION LIVE HERE

India to get its first homegrown iPhone maker as Tata Group nears takeover, says source

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Who is Noel Tata, the likely successor of Ratan Tata in the Tata Group?

India to get its first homegrown iPhone maker as Tata Group nears takeover, says source