Mumbai / Ratan Tata, chairman of Tata Sons, dies at 86 in Mumbai hospital

Veteran industrialist and Tata Group’s chairman emeritus Ratan Tata passed away at a Mumbai hospital on Wednesday night. He was 86. A recipient of Padma Vibhushan breathed his last at south Mumbai’s Breach Candy Hospital. Tata Sons chairman N Chandrasekaran confirmed the death of Ratan Tata.

Gajendra Singh Rathore : Oct 10, 2024, 06:38 AM
Ratan Naval Tata, Chairman Emeritus of Tata Sons and one of India's most celebrated industrialists, passed away at the age of 86. Just days prior, he had taken to social media to dispel rumors about his health, stating that his medical evaluations were routine and related to his age. The news of his passing marks the end of an era, not just for the Tata Group but for India as a whole.

N Chandrasekaran, the current Chairman of Tata Sons, confirmed the news late Wednesday night, paying tribute to the man who transformed the Tata Group into a global powerhouse. "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," Mr. Chandrasekaran said.

For over two decades, Ratan Tata led Tata Sons with a vision that fused business acumen with social responsibility. Under his leadership, the group expanded its global footprint while staying true to its core values of integrity and innovation. Beyond business, he was a mentor and friend to Chandrasekaran, whose admiration for his predecessor was evident in his heartfelt words. He remarked on Mr. Tata's dedication to philanthropy, emphasizing his work in healthcare, education, and community development, which will leave a lasting legacy for generations to come.

As the news of his passing spread, tributes poured in from across industries, politics, and beyond. Prime Minister Narendra Modi hailed him as a "visionary business leader" and "a compassionate soul," reflecting on Tata's role not just in business but in improving society at large. "He endeared himself to people with his humility, kindness, and unwavering commitment to making our society better," the Prime Minister wrote in a heartfelt post.

Other notable figures, including Rahul Gandhi, Gautam Adani, Anand Mahindra, and Mukesh Ambani, shared their grief and paid tribute to the industrialist who shaped modern India’s corporate landscape. Gandhi remembered him as a man with vision who left an indelible mark on both business and philanthropy, while Adani reflected on Tata's legacy, stating, "Legends like him never fade away." Mahindra spoke of Tata’s moral compass, highlighting that for him, financial wealth was meaningful only when it served the global community.

Tata's business achievements were profound. He became chairman of the Tata Group in 1991, taking over a conglomerate that spanned industries from steel to software. His leadership brought global recognition to Indian business, most notably with the acquisition of iconic British car brands Jaguar and Land Rover, reversing the colonial narrative by making an Indian company a leader on the world stage. His introduction of the Tata Nano, the world's most affordable car, showcased his ability to combine innovation with social responsibility, making modern amenities accessible to India's middle class.

Even after stepping down as Chairman in 2012, and briefly returning in 2016-17, Mr. Tata remained deeply involved in philanthropy. He headed Tata’s charitable trusts, ensuring that the group's commitment to social welfare, dating back to its founder Jamsetji Tata, continued to flourish. Ratan Tata's passion for animal welfare, particularly his affection for dogs, was well known, and he often used social media to champion these causes.

Ratan Tata's influence extended beyond corporate boardrooms. With over 13 million followers on X (formerly Twitter) and nearly 10 million on Instagram, he was one of India's most followed entrepreneurs, admired for his humility, kindness, and activism.

Born in 1937, Tata was raised by his grandmother Navajbai Tata after his parents' separation. He studied architecture at Cornell University and later completed a management course at Harvard Business School. His personal life, though often private, occasionally offered glimpses into the romantic side of the bachelor industrialist. He once revealed that he came close to marrying four times, and his most poignant love story was with a woman in Los Angeles, a relationship that ended due to geopolitical tensions during the 1962 Indo-China War.

Ratan Tata’s remarkable life earned him numerous accolades, including the Padma Bhushan in 2000 and the Padma Vibhushan, India’s second-highest civilian honor, in 2008.

His death leaves a void not only in the business world but in the hearts of millions of people. Ratan Tata was more than a businessman—he was a beacon of integrity, compassion, and visionary leadership. His enduring legacy will continue to inspire future generations as they strive to emulate the extraordinary example he set.