Ratan Tata, the esteemed Indian business magnate and former chairman of the Tata Group, has died at the age of 86. The Tata Group, one of India’s largest conglomerates, announced the sad news, paying tribute to Tata’s legacy as a visionary leader who guided the company for over two decades.
A revered figure in the business world, Ratan Tata is credited with transforming the Tata Group into a global powerhouse, with revenues exceeding $100 billion. Natarajan Chandrasekaran, the current chairman of Tata Sons, expressed deep sorrow, calling Tata “a truly uncommon leader” whose influence will continue to shape the company’s future.
Under Tata’s leadership, the conglomerate expanded globally, acquiring major companies like Corus, Jaguar Land Rover, and Tetley. His efforts not only elevated the group’s international presence but also helped shape India’s global business footprint. UK Business Secretary Jonathan Reynolds acknowledged Tata’s pivotal role in British industry, referring to him as a “titan of the business world.”
Despite owning less than 1% of the company, Ratan Tata was recognized as one of the most powerful businessmen in India. He retired in 2012, assuming the title of chairman emeritus, and continued to inspire leaders within and beyond the Tata Group.
Prime Minister Narendra Modi paid tribute to Tata, describing him as a “visionary business leader” and an “extraordinary human being.” Modi shared his personal connection with Tata, expressing profound grief over his passing.
Ratan Tata was born into a Parsi family in 1937 and pursued architecture and structural engineering at Cornell University. He joined the Tata Group in 1962 and worked in various roles before succeeding JRD Tata in 1991 as the group’s chairman. In 2008, Tata was honored with the Padma Vibhushan, India’s second-highest civilian award.
Beyond the boardroom, Ratan Tata was known for his modesty and simplicity. He had a love for fast cars, planes, and scuba diving, although age eventually curtailed some of these passions. His affection for dogs remained constant throughout his life, with pets often being his close companions.
Tata’s legacy extends far beyond business. His humility, love for animals, and calm demeanor made him a beloved figure to many. Even after stepping down, he continued to be an inspiration for generations of entrepreneurs and business leaders.
