Ratan Tata, the business tycoon who transformed the Indian industrial sector, at Breach Candy Hospital in Mumbai at the age of 86. He was a monumental figure, known for establishing one of the world’s largest conglomerates and significantly impacting India's development. With no children of his own, discussions surrounding Ratan Tata’s successor have long been a subject of speculation.
The nation is closely watching to see who will take the helm of the Tata Group. Ratan Tata stepped down from his position as Chairman of Tata Sons over a decade ago, yet he remains synonymous with the Tata brand for many Indians. After Ratan Tata's retirement, the reins of the Tata empire passed to Cyrus Mistry, who became the first non-family chairman in Tata's history.
However, Mistry’s tenure was short-lived; he was ousted after just four years due to disagreements with Ratan Tata, resulting in a highly publicized fallout. In Mistry's place, Natarajan Chandrasekaran was appointed chairman of Tata Group in 2017. Apart from this, some family members also hold various leadership positions across different businesses within the group, raising expectations that one of them could ascend to leadership in the future.
The name most frequently mentioned as a potential successor is Noel Tata, Ratan Tata’s half-brother, born from Naval Tata’s second marriage. Ratan Tata was known for his philosophy of prioritizing professionalism over familial ties, which was evident in his decision not to con.