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Saturday, October 2, 2010

Ratan Tata in UK advisory committee

MUMBAI: , the chairman of the salt-to-software Tata Group, has been included in a 19-member group of notables that will assist the UK government in preparing business strategies and highlight priorities for the British economy.

Mr Tata’s inclusion in the panel illustrates the increasing visibility of the Indian group in the UK, where it owns marque brands such as and the venerable tea company, . About 65% of the Tata Group’s revenue comes from outside India, mostly from Corus and Jaguar Land Rover. Some of the other industry leaders in the council include Paul Walsh of Diageo, Sir of WPP, Justin King of Sainsbury’s, Sam Laidlaw of Centrica, Sir Michael Rake of BT and Dick Olver of .

Sony chairman Sir Howard Stringer and Mr Tata were included in the list at the last moment, international media reports said.

The didn’t comment on the issue. The panel of leading industry bosses will interact with the UK government on business issues, according to people familiar with the development.

Mr Tata, who is scheduled to retire as head of the Tata Group in 2012, has been part of various advisory councils in India, the most recent being an in advisory panel formed to suggest ways to restructure the ailing national carrier, Air India.

Mr Tata is also part of the global advisory board of Nanobiosym, a leading global nanotechnology organisation that was founded as an idea incubator and research institute. This group also has members such as Boston Scientific chairman John Abele, Alfred Ford from the Ford business family and eminent international diplomat John Palmer.

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