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Ratan Tata Visionary Leader and National Icon Passes Away at 86

Photo : Instagram

Ratan Tata, Chairman Emeritus of Tata Sons and a towering figure in Indian business, has passed away at the age of 86. His death marks the end of an era for the Tata Group, one of India’s largest and most influential conglomerates, as well as for the country at large, where Tata’s leadership and philanthropy have left an indelible mark. Just days before his death, the industrialist had taken to social media to address rumors regarding his health, stating that he was undergoing routine medical check-ups due to his age. 

N. Chandrasekaran, the current Chairman of Tata Sons, confirmed Tata’s passing in a statement released late on Wednesday night. In his message, Chandrasekaran expressed deep sorrow, describing Tata as more than just a chairman, but a mentor, guide, and friend. "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," he said. Chandrasekaran credited Tata’s leadership with expanding the Tata Group’s global reach while maintaining a strong ethical foundation. He also highlighted Tata’s philanthropic initiatives, saying that they have left a lasting legacy in sectors like education and healthcare, benefitting generations to come.

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Tributes poured in from across the nation, with Prime Minister Narendra Modi leading the remembrances. Modi called Tata “a compassionate soul and an extraordinary human being,” noting that while he provided steady leadership to one of India's most prestigious business houses, his impact extended far beyond the boardroom. "He endeared himself to several people thanks to his humility, kindness, and unwavering commitment to making our society better," Modi posted on social media platform X, sharing a series of heartfelt messages along with photos.

Rahul Gandhi, another prominent political figure, reflected on Tata’s vision and the lasting impact he left on both business and philanthropy. "Ratan Tata was a man with a vision. He has left a lasting mark on both business and philanthropy. My condolences to his family and the Tata community," Gandhi said.

Business leaders also paid tribute to Tata, hailing his legacy and contributions to India’s corporate landscape. Gautam Adani, Chairman of the Adani Group, referred to Tata as a “giant” whose contributions transcended business. "India has lost a giant, a visionary who redefined modern India's path. Ratan Tata wasn't just a business leader – he embodied the spirit of India with integrity, compassion, and an unwavering commitment to the greater good," Adani said.

Anand Mahindra, Chairman of the Mahindra Group, expressed disbelief at Tata’s death. “I am unable to accept the absence of Ratan Tata. India's economy stands on the cusp of a historic leap forward, and Ratan's life and work have had much to do with our being in this position,” Mahindra said. He added that Tata’s mentorship at this critical juncture would have been invaluable.

Mukesh Ambani, Chairman of Reliance Industries, described Tata as one of India’s “most illustrious and kind-hearted sons.” Ambani, in his statement, said that the passing of Ratan Tata was not just a loss to the Tata Group but to every Indian. "At a personal level, the passing of Ratan Tata has filled me with immense grief as I lost a dear friend. Interactions with him enhanced my respect for the nobility of his character and the fine human values he embodied," Ambani said.

Kiran Mazumdar-Shaw, founder of Biocon Limited, and Sundar Pichai, CEO of Google, also shared their thoughts. Pichai credited Tata with mentoring and shaping modern Indian business leadership. "He leaves an extraordinary business and philanthropic legacy and was instrumental in developing modern business leadership in India. He deeply cared about making India better," Pichai wrote.

Ratan Tata became chairman of the $100 billion Tata Group in 1991, a position he inherited from his great-grandfather, Jamsetji Tata, who founded the group more than a century ago. Under Ratan Tata's leadership, the Tata Group grew from a largely Indian-centric company into a global powerhouse with operations spanning across steel, software, telecommunications, and automobiles. One of the most remarkable achievements of Tata's tenure was the acquisition of British luxury car brands Jaguar and Land Rover in 2008, in what was described as a role reversal where an Indian company became the owner of iconic Western brands.

Tata also spearheaded the development of the Tata Nano, a car designed to be the world’s cheapest, aimed at making automobiles affordable to India’s growing middle class. Although the Nano didn’t achieve commercial success, it became a symbol of Tata's innovative approach and desire to make technology and resources accessible to all.

Despite retiring as chairman of Tata Sons in 2012, Tata remained actively involved in the company’s charitable trusts and continued to be a 

Oct. 10, 2024 10:15 a.m. 556

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