Ratan Tata, the chairman emeritus of Tata Sons, passed away on Wednesday at a Mumbai hospital. He had been in critical condition and in intensive care for several days. The 86-year-old had mentioned earlier in the week that he was undergoing routine medical investigations related to his age and health concerns.
Following the announcement of his death, senior officials of the Mumbai Police were notified, and security measures are set to be heightened at Breach Candy Hospital. Maharashtra Deputy Chief Minister Devendra Fadnavis is expected to visit the hospital later tonight.
Earlier reports indicated his hospitalization, but Ratan Tata had reassured the public on social media that he was merely undergoing routine checkups, stating, “There is no cause for concern. I remain in good spirits,” and urged against spreading misinformation.
Ratan Tata was a pivotal figure in Indian industry, having led Tata Sons since 1991. During his tenure, he transformed the Tata Group into a global powerhouse, acquiring notable companies such as Tetley, Corus, and Jaguar Land Rover. Under his leadership, Tata evolved into a business empire valued at over $100 billion. Tata retired in December 2012, handing over the reins to Cyrus Mistry, who tragically died in a car accident in 2022.
Condolence messages pour in:
Talking to X, Union Defence Minister Rajnath Singh said, “Saddened by the passing away of Shri Ratan Tata. He was a Titan of the Indian industry known for his monumental contributions to our economy, trade and industry. My deepest condolences to his family, friends and admirers. May his soul rest in peace.”
Anand Mahindra took to X and said, “I am unable to accept the absence of Ratan Tata. India’s economy stands on the cusp of a historic leap forward. And Ratan’s life and work have had much to do with our being in this position. Hence, his mentorship and guidance at this point in time would have been invaluable. With him gone, all we can do is to commit to emulating his example. Because he was a businessman for whom financial wealth and success was most useful when it was put to the service of the global community.”
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