ALBAWABA – Ratan Tata, the Indian industrialist and philanthropist who served as chairman of Tata Group and Tata Sons, passed away yesterday at the age of 86. Tata was a remarkable architect, pilot, and successful businessman leaving a great legacy behind.
Tata Group announces the death of its former chairman
The Tata Group, the Indian group of companies, announced the death of its former chairman, Ratan Tata, on Wednesday. Tata died at the age of 86 after a lifetime filled with accomplishments and successes.
Natarajan Chandrasekaran, chairperson of the Tata Group, said: “On behalf of the entire Tata family, I extend our deepest condolences to his loved ones. His legacy will continue to inspire us as we strive to uphold the principles, he so passionately championed.”
Ratan Tata was also a licensed pilot. He never married and had no children. Known for his quiet personality and modest lifestyle, he also made significant contributions to charitable work. (AFP)
Narendra Modi, Prime Minister of India, mourned Tata in a post he shared on ‘X’ platform by saying: “Shri Ratan Tata Ji was 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.”
Ratan Tata legacy
Tata completed his architecture degree at Cornell University in the US and returned to India in 1962. He then joined the Tata Group, which was originally founded by his great-grandfather a century earlier.
Throughout his career, he worked at multiple Tata companies, including Telco -now Tata Motors Limited- and Tata Steel Limited. His leadership was remarkable, achieving significant increases in the companies' market shares.
Additionally, Ratan Tata founded Tata Teleservices, an internet service provider company, in 1996 and successfully managed to acquire Tata Consultancy Services in 2004.
He was awarded the Padma Vibhushan, India’s second-highest civilian award, in 2008 for his exceptional and distinguished services in the commerce and industry sectors in the country.
It is worth noting that Ratan Tata was also a licensed pilot. He never married and had no children. Known for his quiet personality and modest lifestyle, he also made significant contributions to charitable work.
