Ratan Naval Tata, a legend of the Indian industry and chairman emeritus of the Tata Group, died late Wednesday night at the age of 86. He had been undergoing treatment for prolonged illness at Mumbai’s Breach Candy Hospital for the last few days.
“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,” Tata Sons Chairman N Chandrasekaran said in a statement.
Calling the tycoon “a mentor, guide and friend”, Chandrasekaran said that Ratan Tata was “more than a chairperson for the Tata Group”.
“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,” he added.
Chandrasekaran said Ratan Tata’s dedication to philanthropy touched the lives of millions. “From education to healthcare, his initiatives have left a deep-rooted mark that will benefit generations to come,” the Tata Sons chairman added.
Prime Minister Narendra Modi paid tribute to Ratan Tata, calling him “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,” PM Modi said.
Congress MP Rahul Gandhi also condoled his death. “Ratan Tata was a man with a vision. He has left a lasting mark on both business and philanthropy,” Rahul Gandhi tweeted.
Article source: indiatoday.in
