Ratan Tata, the chairman emeritus of one of India’s biggest conglomerates, Tata Sons, has passed away.
“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,” reads a press statement by Tata Sons Chairman N Chandrasekaran.
N Chandrasekaran further said, “To me, he was a mentor, guide and friend. He inspired by example. With an unwavering commitment to excellence, integrity and innovation, the Tata Group under his stewardship expanded its global footprint while always remaining true to its moral compass.”
Prime Minister Narendra Modi mourns the demise of Ratan Tata and said in a post on X, “Ratan Tata Ji was a visionary business leader, a compassionate soul 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 the boardroom. He endeared himself to several people thanks to his humility, kindness and an unwavering commitment to making our society better,” he added.
The development was also confirmed by Harsh Goenka, chairman of RPG Enterprises, through a post on social media platform X (formerly twitter) late in the night.
“The clock has stopped ticking. The Titan passes away. #RatanTata was a beacon of integrity, ethical leadership and philanthropy, who has imprinted an indelible mark on the world of business and beyond. He will forever soar high in our memories. R.I.P,” Goenka tweeted.
On Monday, the 86-year-old business tycoon said he was undergoing routine medical investigations due to his age and related medical conditions.
Ratan Tata was admitted to Breach Candy Hospital in Mumbai in the wee hours on Monday following a significant drop in blood pressure.
