The former chairman of Tata Group, credited with transforming the company into one of the world’s largest conglomerates, has passed away in Mumbai.
Ratan Tata, the former chairman of India’s sprawling Tata Group conglomerate, died Wednesday at age 86, the Tata Group said in a statement.
“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,” N Chandrasekaran, Chairman of Tata Sons, wrote in a statement.
On Monday, Tata had said on social media he was undergoing routine medical examinations due to his age and unspecified medical conditions at a Mumbai hospital.
Modi recalls Tata’s ‘stable leadership’
Indian Prime Minister Narendra Modi described Tata as a visionary leader and an extraordinary human being. “He provided stable leadership to one of India’s oldest and most prestigious business houses. At the same time, his contribution went far beyond boardrooms,” Modi said on X.
