Ratan Tata, a titan of the economic world and the honorary chairman of the Tata Group, died on Wednesday night. He was well-known throughout the world for his enduring contributions to both business and society. The world, not just India, is in shock over this news. Tata, who was eighty-six, had been suffering from a medical condition. His condition was described as critical when he was admitted today.
We sadly say goodbye to Mr. Ratan Naval Tata, a remarkable leader whose achievements influenced the country and the Tata Group. He was a friend, mentor, and advisor in addition to being a chairman. The Tata Group grew internationally under his direction while upholding its unwavering dedication to quality, honesty, and innovation. Millions of lives were impacted by his commitment to philanthropy, which had a long-lasting effect on fields including healthcare and education. In every encounter, his sincere humility will be recalled.
“On behalf of the Tata family, we extend our deepest condolences to his loved ones, and his legacy will continue to inspire us,” said Tata Sons Chairman N. Chandrasekaran in a statement.
“The Tata Group developed significantly and entered a number of new businesses during Ratan Tata’s leadership for more than 20 years. He was instrumental in making important group companies like Tata Motors and Tata Consultancy Services powerful worldwide. His leadership was crucial to the 2007 acquisition of Corus Steel, which caused a stir throughout the world and put Tata Steel in a position to become one of the world’s leading steel makers. Similar to this, Tata Motors became a significant force in the market for luxury cars after acquiring Jaguar Land Rover in 2008.
“By establishing robust governance and corporate ethics throughout all Tata Group firms, Ratan Tata was also renowned for furthering the group’s idea of fusing business with social development. He received the Padma Bhushan in 2000 and the Padma Vibhushan in 2008, two of India’s greatest civilian honours.
He continued to be actively involved in India’s digital startup scene in the years after retiring from a senior position in the Tata Group. He invested in more than 30 enterprises in a variety of industries and played a significant part in forming the startup ecosystem. Tata has received tributes from numerous well-known figures around the world.
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