Ratan Tata, the iconic chairman emeritus of Tata Sons and a towering figure in Indian industry, passed away on Wednesday at the age of 86 in a Mumbai hospital. He had been undergoing treatment in intensive care for age-related health issues over the past few days. His condition, initially described as stable, took a critical turn earlier this week, despite his assurances to the public that he was in good spirits and undergoing routine medical evaluations.
On Monday, Tata addressed rumors surrounding his health, stating, “There is no cause for concern. I remain in good spirits.” He explained that his medical check-ups were precautionary due to his age and urged the public and media not to spread misinformation. However, reports surfaced soon after, indicating that his condition had worsened, leading to an outpouring of concern.
Thank you for thinking of me pic.twitter.com/MICi6zVH99
— Ratan N. Tata (@RNTata2000) October 7, 2024
Ratan Tata’s passing marks the end of an era for Indian business. As the head of Tata Sons from 1991 until his retirement in 2012, he transformed the Tata Group from a largely domestic enterprise into a global conglomerate. He spearheaded several major international acquisitions, including the purchase of Tetley Tea in 2000, Corus Steel in 2007, and Jaguar Land Rover in 2008, solidifying Tata’s reputation on the global stage. Under his leadership, the group grew into a $100-billion enterprise with a footprint across multiple industries, from steel to software.
Known for his vision, integrity, and philanthropy, Tata’s contributions to both business and society have left an indelible mark on India’s economic landscape. Upon his retirement, he was succeeded by Cyrus Mistry, who later tragically passed away in a car accident in 2022.
Many took to socials to share their grief on the titan’s passing including Rajnath Singh, Defence Minister of India, amongst many others.
Saddened by the passing away of Shri Ratan Tata. He was a Titan of the Indian industry known for his monumental contributions to our economy, trade and industry. My deepest condolences to his family, friends and admirers. May his soul rest in peace.
— Rajnath Singh (@rajnathsingh) October 9, 2024
Tata’s passing has sent shockwaves through the business community and the nation, with tributes pouring in from all sectors. His legacy as a business magnate, philanthropist, and national icon will be remembered for generations.
