Ratan Tata, former Tata Group chairman, passes away after prolonged illness

Ratan Naval Tata Passes Away: Ratan Tata was in a critical condition and was under intensive care at a Mumbai hospital.

Former Tata Group Chairman Ratan Tata

Former Tata Group Chairman Ratan Tata passed away on Wednesday after prolonged illness. He was 86.

He was in a critical condition and was under intensive care at a Mumbai hospital. Tata had said on Monday that he was undergoing routine medical investigations due to his age and related medical conditions.

In 2008, he received the Padma Vibhushan, the second highest civilian honour in India, after receiving the Padma Bhushan, the third highest civilian honour in 2000.

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He joined Tata in 1961, where he worked on the shop floor of Tata Steel. He later succeeded J R D Tata as chairman of Tata Sons upon the latter’s retirement in 1991. Under his tenure the Tata Group acquired Tetley, Jaguar Land Rover, and Corus, in an attempt to turn Tata from a largely India-centric group into a global business.

Tata is also one of the largest philanthropists in the world, having donated around 60–65% of his income to charity.

Saddened by the passing away of Shri Ratan Tata. He was a Titan of the Indian industry known for his monumental contributions to our economy, trade and industry. My deepest condolences to his family, friends and admirers. May his soul rest in peace.

— Rajnath Singh (@rajnathsingh) October 9, 2024

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