Mumbai: Ratan Naval Tata, one of India’s most iconic industrialists and former chairman of Tata Sons, passed away on the night of October 9, 2024, at the age of 86. He died at Breach Candy Hospital in Mumbai, leaving behind a monumental legacy that shaped India’s industrial landscape and global business presence.
Born on December 28, 1937, Ratan Tata was the great-grandson of Tata Group founder Jamsetji Tata. He joined the Tata Group in 1961, working initially in Tata Steel, and quickly made a mark with his hands-on leadership style. In 1991, he succeeded J.R.D. Tata as the chairman of Tata Sons, leading the group through a transformational period marked by India’s economic liberalization. Under his leadership, Tata Group expanded globally, acquiring international companies such as Tetley Tea, Corus Steel, and Jaguar Land Rover, making the Tata brand globally recognized.
Tata’s visionary leadership saw the launch of innovative products like the Tata Nano, the world’s most affordable car, aimed at making personal transportation accessible to the masses in India. His belief in social responsibility went hand-in-hand with business, and he was deeply involved in philanthropic efforts through Tata Trusts, which support healthcare, education, rural development, and more across the country.
Despite his business success, Ratan Tata remained a humble and ethical leader, widely respected for his integrity. His philanthropic legacy is as significant as his business achievements, with Tata Trusts contributing immensely to social causes. His values and approach to business have earned him the respect and admiration of leaders worldwide.
Following his death, condolences poured in from across the globe. Union Finance Minister Nirmala Sitharaman hailed Tata as a “leader par excellence” and a visionary who left an indelible mark on society. Railways Minister Ashwini Vaishnaw called him an “extraordinary nation-builder” whose contributions to industry and humanity would continue to inspire future generations.
Ratan Tata’s mortal remains were taken to his Colaba residence, where they will be kept at NCPA grounds for public homage before his state funeral, which will be attended by dignitaries, including Union Home Minister Amit Shah. His death leaves a void in Indian industry and a profound sense of loss, but his legacy will endure for generations, inspiring future leaders.
