Ratan Tata, one of India’s most respected and internationally renowned business leaders, passed away at the age of 86, according to an announcement from the Tata Group. The company, which he led for over two decades, has grown to become one of India’s largest conglomerates, generating annual revenues exceeding $100 billion. Tata’s leadership marked an era of transformative growth and global recognition for the business group.
The current chairman of Tata Sons, Natarajan Chandrasekaran, described Tata as a “truly uncommon leader” in a statement reflecting on his profound impact. Chandrasekaran expressed his condolences, adding, “His legacy will continue to inspire us as we strive to uphold the principles he so passionately championed.” During his tenure as chairman, Tata Group made several high-profile acquisitions, cementing its global status.
These included the purchase of the Anglo-Dutch steelmaker Corus, UK-based luxury car brands Jaguar and Land Rover, and Tetley, the world’s second-largest tea company. Ratan Tata’s strategic decisions positioned the group as a significant global player in diverse industries. In 2011, the Economist magazine described Tata as a “titan,” crediting him with transforming his family’s group into a “global powerhouse.
” Despite owning less than 1% of the company, Tata wielded considerable influence as one of India’s most powerful and respected businessmen. Indian Prime Minister Narendra Modi paid tribute to Tata on .
