Ratan Tata, National Icon, Passes Away at 86
Ratan Tata, the esteemed chairman emeritus of Tata Sons, one of India’s largest conglomerates, has passed away at the age of 86. Just days before his death, he reassured his followers on social media, stating that he was undergoing routine medical check-ups related to his age.
“It is with deep sorrow that we say goodbye to Mr. Ratan Naval Tata, an exceptional leader whose significant contributions have shaped not only the Tata Group but also our nation,” expressed N Chandrasekaran, Chairman of Tata Sons, in a statement released late last night.
Mr. Chandrasekaran emphasized Tata’s role as more than just a chairperson, describing him as a mentor and friend who led with excellence, integrity, and innovation. Under his leadership, the Tata Group expanded globally while adhering to its ethical principles. He also highlighted Tata’s philanthropic efforts, which have positively impacted education and healthcare.
As news of his passing spread, tributes from across various sectors poured in. Prime Minister Narendra Modi honored Tata as “a visionary business leader, a compassionate soul, and an extraordinary human being.” In a series of tweets, Modi reflected on Tata’s humility and dedication to societal improvement.
Congress leader Rahul Gandhi noted, “Ratan Tata was a man with a vision. His influence on business and philanthropy will endure. My condolences to his family and the Tata community.”
Ratan Tata took the helm of the Tata Group, valued at $100 billion, in 1991 and led the organization until 2012. Notable achievements during his tenure included founding Tata Teleservices in 1996 and making Tata Consultancy Services public in 2004. He also oversaw the acquisition of British luxury car brands Jaguar and Land Rover.
In 2009, Tata introduced the Tata Nano, the world’s most affordable car at the time, aimed at making automobile ownership accessible to the middle class.
After stepping down from day-to-day operations, Tata remained active as chairman emeritus of Tata Sons and its various subsidiaries. Even in retirement, he maintained a significant social media presence, advocating for animal rights and engaging with the public.
Born in 1937, Ratan Tata was raised by his grandmother after his parents separated. He studied architecture at Cornell University and completed a management course at Harvard. Despite several close encounters with marriage, he remained a bachelor.
Tata received numerous accolades for his contributions, including the Padma Vibhushan in 2008 and the Padma Bhushan in 2000. He was known to be the largest individual shareholder in the Tata Group, following a family legacy that began with his great-grandfather.
His passing marks the end of an era for the Tata Group and leaves behind a profound legacy in both business and philanthropy.