Ratan Naval Tata, the esteemed chairman emeritus of Tata Sons, passed away at the age of 86 on Wednesday, October 9. He was in critical condition and had been hospitalized in intensive care at a Mumbai hospital. Earlier this week, Tata revealed he was undergoing routine medical investigations due to age-related conditions.
A titan of Indian industry
Tata, revered as one of India’s most respected businessmen, took the helm of the Tata Group in 1991. His leadership transformed the autos-to-steel conglomerate, founded by his great-grandfather over a century ago, into a global powerhouse. Under his guidance, the group expanded its footprint worldwide, acquiring iconic brands such as Jaguar Land Rover, Corus Steel, and Tetley Tea.
A visionary leader
Ratan Tata’s tenure saw significant milestones, including the founding of Tata Teleservices in 1996 and the public listing of Tata Consultancy Services in 2004. His strategic vision positioned Tata Group on the world stage, elevating its status as a leader in diverse industries.
Upon his retirement as chairman, Tata was honored with the title of chairman emeritus of Tata Sons, Tata Industries, Tata Motors, Tata Steel, and Tata Chemicals. His contributions to trade and industry were recognized with India’s prestigious Padma Bhushan award in 2000, followed by the Padma Vibhushan in 2008 for transforming Tata into a global enterprise.
A legacy of philanthropy
Beyond business, Tata’s philanthropy touched millions, embodying his belief in ethical practices and a commitment to uplifting India. His dedication to social causes has left an indelible mark on countless lives, making him a cherished icon in boardrooms and nationwide.
Born on December 28, 1937, in Mumbai, Tata was the great-grandson of Jamsetji Tata. His journey from a family legacy to a global business leader is a testament to his vision and unwavering drive, securing his place in history as a true industry titan.