
Ratan Tata is now a member of the X Prize Foundation Board of Trustees
Tata Motors involvement with the Automotive X Prize has now deepened, even as Ratan Tata, Chairman, Tata Sons, has become a member of the X Prize Foundation's Board of Trustees. The Board and the X Prize Foundation are in charge of the Progressive Automotive X Prize.
The X Prize Foundation is an educational nonprofit organisation that attempts to solve the challenges of our time by offering incentive prizes of $10 million or more. ‘I have been an admirer of the goals set by the X Prize Foundation, which has inspired far-reaching breakthroughs in technology that ordinarily would not have been achieved. I look forward to participating in the process of breaking new frontiers in the future with the X Prize Foundation, which will have an impact on the way we live in future generations,’ said Ratan Tata.
‘I am pleased and honoured to welcome Ratan Tata to the X Prize Foundation Board of Trustees,’ said Dr Peter H. Diamandis, Chairman and CEO, X Prize Foundation. ‘He is a renowned global leader whose guidance will help us keep our vision and mission global.’