India has lost a remarkable figure with the passing of Ratan Tata at 86. He became chairman of the $100 billion steel-to-software conglomerate in 1991 and led the group founded by his great-grandfather for over two decades, until 2012.Ratan Tata, the chairman emeritus of Tata Sons, one of India’s largest conglomerates, has passed away at 86. Just two days prior, he had addressed health rumors on social media, stating he was undergoing routine medical checks due to his age. In a late-night statement on Wednesday, N Chandrasekaran, Chairman of Tata Sons, announced Mr. Tata’s death, honoring his steadfast dedication to excellence, integrity, and innovation.”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,” said Mr Chandrasekaran.
“For the Tata Group, Mr. Tata was more than a chairperson. To me, he was a mentor, guide and friend. He inspired by example. With an unwavering commitment to excellence, integrity, and innovation, the Tata Group under his stewardship expanded its global footprint while always remaining true to its moral compass,” said Mr Chandrasekaran.
Reflecting on Ratan Tata’s significant contributions to philanthropy, N Chandrasekaran remarked, “From education to healthcare, his initiatives have created a lasting impact that will benefit generations to come.”
As the news of his passing spread, heartfelt tributes emerged from various sectors. Prime Minister Narendra Modi led these acknowledgments, describing Mr. Tata as “a compassionate soul and an extraordinary human being.”
In a series of tweets on X, the Prime Minister honored Mr. Tata, stating, “Shri Ratan Tata Ji was a visionary business leader who provided stable leadership to one of India’s oldest and most prestigious business houses. His influence extended far beyond the corporate world; he was beloved by many for his humility, kindness, and unwavering dedication to improving society.” Accompanying his words were images celebrating Mr. Tata’s remarkable legacy.
Rahul Gandhi expressed his condolences, stating, “Ratan Tata was a man with a vision, leaving a lasting impact on both business and philanthropy. My sympathies are with his family and the Tata community.”
Gautam Adani honored the industrial giant, saying, “India has lost a giant, a visionary who redefined the path of modern India. Ratan Tata was not just a business leader; he embodied the spirit of India through his integrity, compassion, and unwavering commitment to the greater good. Legends like him never fade away. Om Shanti.”
Anand Mahindra reflected on Mr. Tata’s influence, saying, “I am unable to accept the absence of Ratan Tata. India’s economy stands on the brink of a historic leap forward, and his life and work have significantly contributed to our current position. His mentorship would have been invaluable at this time. Now, all we can do is commit to emulating his example, as he believed financial success should serve the global community.”
Kiran Mazumdar Shaw, founder of Biocon Limited, shared a nostalgic photo in remembrance of Mr. Tata. He was instrumental in founding Tata Teleservices in 1996 and took Tata Consultancy Services public in 2004.
In a notable turn of events in 2004, Tata Group, having acquired the iconic British car brands Jaguar and Land Rover, found itself in the unique position of reverse colonialists.
In 2009, Ratan Tata fulfilled his promise to create the world’s most affordable car for the middle class. The Tata Nano, priced at ₹1 lakh, became a symbol of innovation and accessibility.
Mr. Tata served as Chairperson of the Tata Group twice: from 1991 to 2012 and again from 2016 to 2017. Although he stepped back from the day-to-day operations, he continued to lead the company’s charitable trusts.
Cyrus Mistry, who succeeded Ratan Tata as chairman of Tata Sons but was later ousted in a high-profile boardroom conflict, tragically died in a car crash in 2022. The contentious rivalry between them remained unresolved.
After his retirement, Ratan Tata held the position of chairman emeritus for Tata Sons, Tata Industries, Tata Motors, Tata Steel, and Tata Chemicals.
Abhishek Sharma