Ratan Tata Passes Away: Ratan Naval Tata, the Honorary Chairman of Tata Sons, has passed away at the age of 86, with the confirmation of his death coming late Wednesday night. He had been receiving treatment for age-related ailments in the Intensive Care Unit (ICU) at Breach Candy Hospital in Mumbai.
Just two days prior to his passing, reports of his hospitalization emerged, but Tata reassured the public with a message, stating, “I am fine, there is nothing to worry about.”
His death signifies the end of an era in Indian business and philanthropy, with a legacy that extends far beyond the corporate realm.
In recognition of his remarkable contributions to business and philanthropy, Ratan Tata was awarded India’s second-highest civilian honor, the Padma Vibhushan, in 2008. He had previously received the Padma Bhushan in 2000, solidifying his status as one of India’s most influential business figures.
Tata served as Chairman of the Tata Group, one of India’s oldest and most esteemed business conglomerates, from 1990 to 2012, and later as interim Chairman from October 2016 to February 2017. A visionary leader, he played a crucial role in elevating the Tata legacy, overseeing significant acquisitions such as Air India and the luxury car brands Jaguar and Land Rover.
Natarajan Chandrasekaran, the current Chairman of Tata Sons, expressed deep sorrow over Tata’s passing, remarking, “We are bidding farewell to Ratan Tata with a sense of extreme loss. Tata was more than a chairman for the group. For me, he was a mentor, guide, and friend.”
Prominent figures from business and politics shared heartfelt tributes. President Droupadi Murmu said that India has lost an icon who harmonized nation-building with corporate growth and ethics.
Prime Minister Narendra Modi hailed Tata as a visionary leader whose contributions transcended the boardroom.
Rahul Gandhi recognized Tata as a man of vision who left a lasting impact on business and philanthropy.
Industrialist Gautam Adani emphasized that India has lost a great visionary, while Anand Mahindra expressed disbelief at Tata’s absence, affirming that great men never truly die.
On October 7, just days before his passing, reports indicated that Tata had been admitted to the ICU due to a significant drop in blood pressure. However, he reassured his followers through social media, stating, “I am fine and went to the hospital for a routine checkup due to old age. There is nothing to worry about.”
Born on December 28, 1937, Ratan Tata was the great-grandson of Jamsetji Tata, the founder of the Tata Group. Throughout his career, he expanded and diversified the group’s operations, making pivotal acquisitions such as Land Rover and Jaguar and successfully returning Air India to the Tata fold after decades.
Tata also played a significant role in the charitable trusts of the Tata Group, furthering the family’s longstanding commitment to philanthropy and social responsibility.
Ratan Tata’s legacy is characterized by transformative leadership, ethical business practices, and a steadfast dedication to nation-building. His contributions will continue to influence Indian industry and society for generations to come.