Tata Group Chairman Ratan Tata has been conferred an honorary degree of Doctor of Science by the prestigious engineering institute IIT Kharagpur.
The award was given in recognition of Tata's outstanding leadership in globalising India and transforming the Tata group as a formidable corporate entity, a press release issued in Mumbai on Tuesday said.
Presenting the award to Tata, Prof Damodar Acharya, Director, IIT Kharagpur, said, "Ratan N Tata is a towering figure in the Indian engineering industry. Throughout his career in various positions in the Tata group of companies, he has set an unparalleled standard of excellence."
"With very few ever to emulate his scale of achievements, he symbolises India's entry into the global industrial map," he added.
Tata has been the Chairman of Tata Sons, the holding company of the Tata group since 1991. During his tenure, the group's revenues have grown over eight-fold to annualised group revenues of over $50 billion.