Ratan Tata, the visionary industrialist and chairman emeritus of Tata Sons, passed away on Wednesday at the age of 86. He had been undergoing treatment for a prolonged illness at Mumbai’s Breach Candy Hospital. His death marks the end of an era in Indian industry, with Tata's leadership playing a pivotal role in shaping both the Tata Group and the nation’s economy.
Tata Sons Chairman N Chandrasekaran expressed deep sorrow, describing Ratan Tata as an extraordinary leader whose impact reached beyond the Tata Group. Chandrasekaran referred to him as a "mentor, guide, and friend," emphasizing Tata's unwavering commitment to integrity, excellence, and innovation. He credited Ratan Tata for expanding the Tata Group globally while maintaining strong ethical values. Chandrasekaran also highlighted Tata's philanthropic contributions, especially in education and healthcare, which have left a lasting legacy.
Prime Minister Narendra Modi also paid tribute to Ratan Tata, calling him a "visionary business leader" who led one of India’s most prestigious business houses. Modi remembered Tata for his humility, kindness, and commitment to improving society. Other leaders, including Congress MP Rahul Gandhi, echoed similar sentiments, praising Tata's enduring influence in both business and philanthropy.
Maharashtra Chief Minister Eknath Shinde announced that Ratan Tata would receive a state funeral, with a day of mourning declared to honor his legacy. Tata’s body will be kept at the National Centre for Performing Arts (NCPA) in Mumbai for the public to pay their respects before the final rites at Worli Crematorium.
Ratan Tata’s career was marked by remarkable achievements. After joining the Tata Group in 1962, he took over as chairman in 1991, succeeding his uncle JRD Tata. Under his leadership, the group underwent significant transformation, expanding its global presence through high-profile acquisitions, including Tetley, Corus Steel, and Jaguar Land Rover. His vision also led to the development of the Tata Indica, India’s first domestically designed car, and the Nano, which aimed to be the world’s most affordable car.
Beyond his business acumen, Ratan Tata was known for his dedication to philanthropy and nation-building. He received numerous honors, including the Padma Vibhushan, India’s second-highest civilian award, and was also appointed Knight Grand Cross of the Most Excellent Order of the British Empire.
In December 2012, Tata retired as chairman of Tata Sons, leaving behind a business empire valued at over $100 billion. His leadership legacy continues to inspire future generations of business leaders in India and around the world.
As news of Tata’s passing spread, tributes poured in from political and business leaders. Union Defence Minister Rajnath Singh expressed his condolences, calling Tata a "Titan of the Indian industry." Anand Mahindra, chairman of Mahindra Group, shared his deep sadness, remarking that Tata’s influence had been instrumental in positioning India’s economy for future growth.
Ratan Tata’s contributions extended beyond the corporate world, and his passing leaves a profound void in the global business community. His legacy of innovation, integrity, and philanthropy will continue to inspire for generations to come.