Ratan Tata, former chairman of Tata Sons, passed away at the age of 86, triggering an outpouring of tributes from political figures, business leaders, and the public. Prime Minister Narendra Modi hailed Tata as a visionary business leader, emphasizing that his influence transcended the corporate world. Modi’s statement highlighted Tata’s compassion and his significant contributions to India’s development.
Other prominent figures, such as Sundar Pichai, CEO of Google and Alphabet, shared their admiration, reflecting on his legacy of business acumen and philanthropy, as well as his mentorship in shaping modern business leadership in India.
Ratan Tata’s legacy was particularly marked by his efforts to globalize the Tata Group, which undertook major acquisitions such as Jaguar-Land Rover in 2008. Under his stewardship, the Tata Group expanded its global presence through about 60 acquisitions, cementing its position as a multinational conglomerate.
Mukesh Ambani, India’s wealthiest person and chairman of Reliance Group, expressed deep sorrow, noting that Tata had elevated India on the global stage and brought the best of the world to India. This sentiment was echoed by other industry leaders, who lauded Tata’s business strategies and his role in transforming the Tata Group into a globally recognized entity.
Beyond his business achievements, Tata was renowned for his philanthropy and social contributions. He was a key figure behind Tata Trusts, one of India’s largest charitable organizations, and his dedication to societal development had a far-reaching impact on education, healthcare, and other areas. N. Chandrasekaran, the current chairman of Tata Sons, acknowledged Tata’s influence in shaping the company’s moral compass and his lasting contributions to global society.
Tata’s philanthropic work was seen as a testament to his belief that business success should be leveraged for the greater good.
Tata’s leadership was not just about business success but also about integrity and values. His vision extended beyond financial gain, focusing on social responsibility and ethical business practices. The respect he commanded from peers across industries reflected his unwavering commitment to excellence, innovation, and integrity.
Gautam Adani, chairman of the Adani Group, called Tata a “giant” who redefined India’s modern path and embodied the spirit of the nation through his compassion and dedication to societal welfare.
In recognition of his remarkable contributions, Ratan Tata will be honored with a state funeral in Maharashtra, a tribute typically reserved for the highest government officials.
Tata’s passing marks the end of an era for the Tata Group, which saw exponential growth under his leadership, with the group’s revenue surpassing $100 billion during his tenure. Tata’s impact on both the business world and Indian society will continue to be felt for generations, ensuring his legacy endures long after his passing.