Tata Sons chairman N Chandrasekaran described Ratan Tata as "a mentor, guide, and friend", expressing the company’s profound grief in a statement.
Ratan Tata is best known for leading the transformation of the Tata Group during his tenure as chairman, from 1991 to 2012.
Ratan Tata, the former chairman of Tata Group who transformed the Indian conglomerate into a global powerhouse through landmark acquisitions and pioneering leadership, has died at the age of 86, the company announced late Wednesday.
"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," Chandrasekaran said. Also Read | ‘The clock has stopped ticking’: Anand Mahindra, Harsh Goenka pay tributes to Ratan Tata Tata is best known for leading the transformation of the Tata Group during his tenure as chairman, from 1991 to 2012. His tenure saw the acquisition of high-profile global brands, including Jaguar Land Rover, Corus Steel, and Tetley Tea, positioning Tata Group on the world stage.
On Monday, the industrialist had in a social media post dismissed speculation surrounding his health and had said he was undergoing routine medical investigations due to his age. Prime Minister Narendra Modi paid tribute to Ratan Tata, calling him a visionary business leader, compassionate soul, extraordinary human being. "Ratan Tata endeared himself to people, thanks to his humility, kindness, unwavering commitment to making society better," PM Modi said in a post on X (formerly Twitter).
