Ratan Tata, Chairman Emeritus of Tata Sons, Passes Away at 86
Mumbai: Ratan Naval Tata, the revered Chairman Emeritus of Tata Sons, has passed away at the age of 86 at Breach Candy Hospital, following age-related health complications. His admission to the hospital on October 9 sparked widespread concern regarding his health, leading to intense speculation across corporate and political circles.
Although initially reported to be undergoing routine medical examinations, his condition worsened, and he was placed on life-support systems, though official confirmations from Tata Group were not provided.
Tributes and Condolences
Chairman of Tata Sons, N Chandrasekaran, expressed profound sorrow at Tata’s passing, highlighting his immense contributions to the Tata Group and the nation. “Mr. Tata was more than a chairperson; he was a mentor, guide, and friend,” said Chandrasekaran. He praised Tata’s unwavering commitment to integrity and innovation, which helped the group expand globally while maintaining its ethical principles.
Tata’s philanthropic efforts, particularly in education and healthcare, have left a lasting impact, benefiting countless individuals. “His legacy will continue to inspire us as we strive to uphold the principles he so passionately championed,” Chandrasekaran added.
Ratan Tata’s Legacy
Ratan Tata was known for his genteel demeanor paired with sharp business acumen. He served as Chairman of Tata Sons from 1991 until his retirement in 2012, overseeing significant revenue growth, with the group’s revenues exceeding $100 billion in 2011-12. His tenure included leadership roles at major Tata companies such as Tata Motors, Tata Steel, and Tata Consultancy Services.
Born on December 28, 1937, Tata joined the Tata Group in 1962 after earning a Bachelor of Architecture from Cornell University. He held various roles before becoming Chairman of Tata Industries, where he was pivotal in promoting high-technology businesses.
Post-retirement, Tata remained active as the Chairman Emeritus of multiple Tata entities and led the Tata Trusts, transforming them into premier philanthropic foundations.
Awards and Recognitions
In recognition of his contributions, Tata received the Padma Vibhushan, India’s second-highest civilian award, in 2008, along with numerous other accolades and honorary degrees from esteemed institutions worldwide.
He is survived by a large family, including siblings Simone Tata, Jimmy Tata, and others, who mourn his loss alongside the entire Tata community and the nation.
