Mumbai, October 9, 2024: Renowned industrialist Ratan Tata, the chairman emeritus of the Tata Group, passed away late Wednesday night at a Mumbai hospital. He was 86 years old. The news of his death was confirmed by N Chandrasekaran, the chairman of Tata Sons, who expressed his sorrow in a heartfelt statement, describing Tata as his “friend, mentor, and guide.”

Tata had been hospitalized at the Breach Candy Hospital in south Mumbai for the past few days, where he received treatment. His passing has prompted an outpouring of tributes from across the business community and beyond. Billionaire industrialist Harsh Goenka took to social media to honor Tata’s legacy, referring to him as a “titan” in the industry.

Ratan Tata was instrumental in transforming the Tata Group into a global powerhouse during his tenure as chairman from 1990 to 2012. Under his leadership, the conglomerate expanded into various sectors, including automobiles, steel, and information technology, and made significant international acquisitions, including the purchase of Jaguar Land Rover.

His contributions to Indian industry and philanthropy have left an indelible mark on the nation, making him one of the most respected figures in the business world. As the news of his passing spreads, many are reflecting on his remarkable legacy and the profound impact he has had on countless lives and the Indian economy.