The passing of Ratan Tata, Chairman Emeritus of Tata Sons has left the business world in deep mourning. At 86, Tata was not just an industrialist but a beacon of ethical leadership, having transformed Tata Group into a global powerhouse while upholding the highest values of integrity and corporate responsibility.
N Chandrasekaran, Chairman, Tata Sons said, "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," said Mr Chandrasekaran.
"For the Tata Group, Mr Tata was more than a chairperson. To me, he was a mentor, guide and friend. 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," said he added.
Remembering Mr Tata's contribution to philanthropy, Mr Chandrasekharan said "from education to healthcare, his initiatives have left a deep-rooted mark that will benefit generations to come".
The Tata Group announced his peace departure this morning.
Prime Minister Narendra Modi led the tributes, praising the industrialist as "a compassionate soul and an exceptional human being."
Tributes have poured in from across industries, with many hailing him as a visionary leader who revolutionised Indian business. His loss is being felt not only within Tata Group but across the corporate world, where his influence and legacy will continue to inspire generations.
Recalling his personal interactions with Tata, Mukesh Ambani, Chairman, Reliance Industries said, "At a personal level, the passing of Ratan Tata has filled me with immense grief as I lost a dear friend. Each of my numerous interactions with him left me inspired and energised and enhanced my respect for the nobility of his character and the fine human values he embodied. Ratan Tata was a visionary industrialist and a philanthropist, who always strove for society's greater good."