Ratan Tata, the iconic industrialist and former chairman of Tata Sons, passed away at 86 on October 9, 2024, in Mumbai. Tributes poured in nationwide, honoring his legacy of business leadership, philanthropy, and global impact.
New Delhi, October 9, 2024 — India woke up to the devastating news of the passing of Ratan Tata, one of the country’s most celebrated industrialists and a true humanitarian. Tata, the chairman emeritus of Tata Sons, died on Wednesday evening at Breach Candy Hospital in Mumbai at the age of 86. His family released a heartfelt statement expressing their sorrow and gratitude for the outpouring of love and respect.
In the official statement, Tata’s family remarked, “We, his brothers, sisters, and family, take solace and comfort in the outpouring of love and respect from all who admired him. While he is no longer with us in person, his legacy of humility, generosity, and purpose will continue to inspire future generations.”
Tata, who took over the reins of the Tata Group in 1991 and led the conglomerate to unprecedented heights, leaves behind an indelible mark not just in the business world but in society at large. He is survived by his younger brothers, Jimmy Tata and Noel Tata, and his stepmother, Simone Tata.
Tributes Pour in from Leaders and Dignitaries
Across India and the world, tributes to Ratan Tata have poured in, hailing his contributions to business, philanthropy, and societal development. Tata Sons Chairman N. Chandrasekaran issued a moving statement, acknowledging the profound loss of a “truly uncommon leader.” He said, “Mr. Tata was more than just a chairperson to the Tata Group. He was a mentor, guide, and friend. He inspired by example with unwavering commitment to excellence, integrity, and innovation.”
Prime Minister Narendra Modi also expressed his deep admiration for Tata, calling him a “visionary business leader, compassionate soul, and extraordinary human being.” Modi highlighted Tata’s extensive contributions to causes such as education, healthcare, and animal welfare, emphasizing that his impact reached far beyond the corporate world.
“One of the most unique aspects of Shri Ratan Tata Ji was his passion for dreaming big and giving back to society. He was a true champion of many noble causes, from healthcare to education and environmental sustainability,” Modi said in a statement on X (formerly Twitter).
Other political leaders, including Congress President Mallikarjun Kharge and Leader of the Opposition Rahul Gandhi, also expressed their grief over Tata’s passing. Gandhi called him a man of vision who left a lasting mark on both business and philanthropy.
Life and Legacy of Ratan Tata
Born in 1937, Ratan Tata took over the leadership of the Tata Group in 1991, following the legacy of J.R.D. Tata. His leadership saw the conglomerate transform into a global powerhouse, with notable acquisitions including Tetley, Corus Steel, and the iconic British automotive brand Jaguar Land Rover. Tata’s strategic vision led to the group’s expansion into over 100 countries, making Tata a globally recognized brand.
Known for his humility and ethical leadership, Tata steered the group with a focus on sustainability and corporate social responsibility. His tenure witnessed the growth of Tata into a diversified business empire, with ventures in sectors ranging from automobiles to software and steel to hospitality.
Dedication to Philanthropy
Beyond the boardroom, Ratan Tata was widely respected for his philanthropic endeavors. Through Tata Trusts, which hold over 67% of Tata Sons, he supported initiatives in education, healthcare, sanitation, and rural development. His contributions to society earned him the Padma Vibhushan, India’s second-highest civilian award, in 2008.
Under his leadership, Tata Trusts played a pivotal role in launching numerous programs aimed at uplifting marginalized communities, supporting research in critical fields, and improving India’s healthcare infrastructure.
A Day of Mourning
The Maharashtra government declared a day of state mourning, and the national flag will be flown at half-mast across government offices as a tribute to the iconic leader. Ratan Tata’s mortal remains will be placed at Mumbai’s National Centre for Performing Arts (NCPA) for public viewing before his final rites at the Worli Crematorium.
Remembering a Visionary
Anand Mahindra, chairman of the Mahindra Group, reflected on Tata’s passing, stating, “India’s economy stands on the cusp of a historic leap forward, and Ratan Tata’s life and work have had much to do with our being in this position. With him gone, all we can do is to commit to emulating his example.”
Mukesh Ambani, chairman of Reliance Industries, shared his personal grief over Tata’s death, calling him a “dear friend” and a “Titan of Indian industry” whose loss is deeply felt not just by the Tata Group but by every Indian.
Conclusion
Ratan Tata’s demise marks the end of an era in Indian business and philanthropy. His legacy will live on through the numerous initiatives he championed, the people he inspired, and the values he embodied. While India mourns the loss of one of its most iconic leaders, Tata’s contributions will continue to shape the country’s future for generations to come.
As the world bids farewell to this visionary leader, it remembers Ratan Tata not only for his business acumen but also for his relentless dedication to making the world a better place.
