Ratan Tata, chairman emeritus of Tata Sons and one of India’s most revered business leaders, has died at the age of 86. Just days earlier, he had dismissed rumors about his health, stating that he was undergoing routine medical checkups due to his age.
In a statement, Tata Sons Chairman N Chandrasekaran expressed deep sorrow: “It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a leader whose contributions shaped not only the Tata Group but also our nation. To me, he was a mentor, guide, and friend.”
Chandrasekaran praised Tata’s leadership, noting that under his stewardship, the Tata Group expanded globally while staying true to its ethical values. He also highlighted Tata’s philanthropy, saying, “From education to healthcare, his initiatives have left a lasting impact that will benefit generations.”
Tributes poured in from across industries and public figures. Prime Minister Narendra Modi described Ratan Tata as “a visionary business leader, a compassionate soul, and an extraordinary human being.” Modi praised Tata for his humility, kindness, and commitment to societal betterment, stating that his influence extended well beyond the business world.
Rahul Gandhi echoed these sentiments, calling Tata “a man with a vision” and acknowledging his indelible mark on business and philanthropy.
Ratan Tata became chairman of the $100 billion Tata Group in 1991, continuing the legacy started by his great-grandfather over a century ago. Under his leadership, Tata made significant strides, including the founding of Tata Teleservices in 1996 and taking Tata Consultancy Services public in 2004.
One of Tata’s most notable achievements was acquiring iconic British car brands Jaguar and Land Rover in 2008, a move seen as an Indian company triumphing in global markets. In 2009, he fulfilled a promise to produce the world’s cheapest car, the Tata Nano, which became a symbol of affordability and innovation for the middle class.
Though he stepped down as chairman in 2012, and briefly returned in 2016-2017, Ratan Tata continued to lead the group’s charitable trusts, maintaining his legacy of philanthropy.