Ratan Tata has transformed the Tata group into the world’s best-known Indian company, the owner of Jaguar cars, the Pierre Hotel in New York and Tetley tea. But in the twilight of his career as chairman of the $67.4 billion (around Rs.3 trillion) conglomerate, Tata, 73, is frustrated that he hasn’t been able to expand more in India. He says bureaucratic delays, arbitrary regulatory decisions and widespread corruption have thwarted his domestic ambitions in sectors such as steel, power, aviation and telecommunications.