Mumbai, October 9: Ratan Tata, the chairman emeritus of Tata Sons and a towering figure in Indian industry, passed away on Wednesday at the age of 86 in a Mumbai hospital. He had been receiving treatment in critical condition and had been in intensive care for the past few days.
Tata, who led the Tata Group from 1991 to 2012, had reassured the public earlier this week that he was undergoing routine medical evaluations related to his age and health. Despite this, concerns grew after reports indicated his condition had worsened. On Monday, Tata had addressed rumors on social media, saying there was “no cause for concern” and that he remained in good spirits.
Ratan Tata is credited with transforming the Tata Group from a largely domestic company into a global conglomerate through high-profile acquisitions such as Tetley, Corus, and Jaguar Land Rover. Under his leadership, the company grew into a business empire valued at over $100 billion. Tata retired in December 2012 and was succeeded by Cyrus Mistry, who passed away in a car accident in 2022.
Tributes have poured in following Tata’s death. Union Defence Minister Rajnath Singh said, “Saddened by the passing of Shri Ratan Tata. He was a titan of Indian industry known for his monumental contributions to our economy, trade, and industry.”
Ratan Tata leaves behind a legacy as one of the most influential and respected business leaders in the world.
