At the age of 86, Ratan Tata, the chairman emeritus of Tata Sons, one of the largest corporations in India, passed away.
The industrialist only on Monday denied rumors about his health in a social media post and stated that, because of his advanced age, he was going through standard medical examinations. In a statement released late on Wednesday night, N Chandrasekaran, Chairman of Tata Sons, confirmed the passing of Mr. Tata and praised the businessman for his steadfast devotion to innovation, quality, and honesty. 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,” said Chandrasekaran.
Mr. Tata was more than just the chairman of the Tata Group. He served as a friend, mentor, and counselor to me. He led by example. Under his leadership, the Tata Group increased its global reach while staying faithful to its moral compass, all the while demonstrating an unrelenting dedication to excellence, honesty, and innovation “said Mr. Chandrasekaran.
Mr. Chandrasekharan recalled Mr. Tata’s charitable contributions by stating, “From healthcare to education, his initiatives have left a deep-rooted mark that will benefit generations to come.
In addition to being a brilliant businessman, Shri Ratan Tata Ji was also a remarkable human being and a kind person. He gave one of India’s most prominent and ancient business houses steady leadership. However, his influence extended much beyond the boardroom. He endeared himself to several people thanks to his humility, kindness and an unwavering commitment to making our society better,” the Prime Minister posted on X in a series of tweets along with pictures.
Ratan Tata’s formative years.
“Ratan Tata was a man with a vision,” stated Rahul Gandhi. He has made a significant contribution to philanthropy and business. I send my sympathies to the Tata community and his family.” Gautam Adani praised the titan of the business, stating that “legends like him never fade away”. India has lost a titan, a visionary who reshaped the course of contemporary India. Ratan Tata wasn’t just a business leader – he embodied the spirit of India with integrity, compassion and an unwavering commitment to the greater good. Legends like him never fade away. Om Shanti,” posted Mr Adani.
Anand Mahindra, an industrialist, stated that he is “unable to accept Ratan Tata’s absence.” I find it difficult to accept Ratan Tata’s absence. India’s economy is about to take a huge step forward in history. And we are in this situation because of Ratan’s life and work in large part. Therefore, having his mentorship and advice at this particular time would have been priceless. Now that he is no longer with us, all we can do is resolve to follow his lead. Because he was a businessman for whom financial wealth and success was most useful when it was put to the service of the global community,” said Mr Mahindra.
Mr. Tata was praised by Mukesh Ambani as one of India’s most renowned and generous sons. India and India Inc. are having a really depressing day. The loss of Ratan Tata is great for the Tata Group as well as for all Indians, Mr. Ambani said in his condolence letter. At a personal level, the passing of Ratan Tata has filled me with immense grief as I lost a dear friend,” he said, adding interactions with him “enhanced my respect for the nobility of his character and the fine human values he embodied. The creator of Biocon Limited and Biocon Biologics, Kiran Mazumdar Shaw, tweeted a vintage photo honoring Mr. Tata.
The Tata Group would reach unprecedented heights with Chandrasekaran: Ratan Tata.
In addition to leaving a remarkable commercial and charitable legacy, he played a key role in guiding and shaping India’s current corporate leadership. He was passionate about improving India. Mr. Pichai wrote on X, “Deep condolences to his loved ones and Rest in Peace Shri Ratan Tata Ji.”
Ratan Tata led the company established by his great-grandfather over a century ago until 2012, when he was named chairman of the $100 billion steel to software conglomerate in 1991. In 1996, he established the telecom business Tata Teleservices, and in 2004, he went public with the IT company Tata Consultancy Services.
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In a role reversal in 2004, Tata Group, an Indian company, having acquired iconic British car brands – Jaguar and Land Rover – found itself cast as reverse colonialists.
Ratan Tata delivered on his pledge to make the world’s most affordable car available to the middle class in 2009. At ₹1 lakh, the Tata Nano became a representation of affordability and innovation.
Mr. Tata served as the conglomerate’s chairman twice, from 1991 to 2012 and from 2016 to 2017. He remained to lead the company’s charity trusts even though he took a step back from day-to-day operations.Cyrus Mistry, who succeeded Ratan Tata as chairman of Tata Sons but was later ousted in India’s most high-profile boardroom coup, died in a car crash in 2022. The bitter feud between the two remained unsolved.
