Ratan Tata, former Tata Group chairman, passed away at 86. He was a visionary leader who expanded Tata into a global giant, and he leaves behind a powerful legacy.
More topics for you.This topic continues below.
Trump’s 2020 election could have averted the 'Ukrainian crisis,' says Putin
Ratan Tata, the former chairman of the Tata Group, passed away on Wednesday at the age of 86. The Tata Group confirmed his death in a heartfelt statement. Tata was known for transforming the Tata Group into a global powerhouse and was respected for his leadership and integrity.
N Chandrasekaran, the current chairman of Tata Sons, shared his thoughts on Tata’s passing. “It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon leader. His contributions have shaped not only the Tata Group but also the nation,” he said.
Earlier in the week, Tata had mentioned on social media that he was undergoing routine medical tests due to his age and other unspecified health concerns. He had been receiving care at a hospital in Mumbai.
A Legacy of Leadership
Ratan Tata took over the Tata Group in 1991, during a time of significant change in India. Under his leadership, the Tata Group grew into one of the world’s largest conglomerates, known for its work across multiple industries. By 2023-2024, the company’s revenue had reached an impressive $165 billion.
The Tata Group was originally founded in 1868 by Jamsetji Tata, Ratan Tata’s great-grandfather. Jamsetji Tata laid the foundation for the company, which would grow to be one of India’s leading business groups.
Key Facts About Ratan Tata’s Life and Career
1. Early Life and Education
Ratan Tata was born on December 28, 1937, in Mumbai. He was the great-grandson of Jamsetji Tata, the founder of the Tata Group. After his parents, Naval and Sooni Tata, separated in 1948, Ratan Tata was raised by his grandmother, Navajbai Tata.
2. Starting at Tata Steel
Ratan Tata began his career at Tata Steel in 1961. He worked on the shop floor, learning about manufacturing from the ground up. This hands-on experience prepared him for future leadership roles within the Tata Group.
3. Personal Life
Despite coming close to marriage four times, Ratan Tata never married. He once spoke about a relationship he had in Los Angeles, which ended because of the 1962 Indo-China War. The woman’s family did not want her to move to India at the time.
4. Chairman of Tata Group
In 1991, Ratan Tata took over as chairman of the Tata Group, succeeding J.R.D. Tata. His leadership came at a pivotal time, as India’s economy was opening up to the world. Ratan Tata played a key role in guiding the company through these changes.
5. Global Acquisitions
Under Ratan Tata’s leadership, the Tata Group made several important acquisitions that expanded its global presence. These included the purchase of Tetley Tea in 2000, the acquisition of Jaguar Land Rover in 2008, and Tata Steel’s acquisition of Corus in 2007.
6. Development of Tata Cars
Ratan Tata was also instrumental in developing iconic Tata cars, such as the Tata Indica and the Tata Nano. The Tata Nano, launched in 2009, became famous as the world’s cheapest car, priced at just Rs. 1 lakh. It was aimed at making affordable cars for India’s middle class.
7. Commitment to Philanthropy
Beyond business, Ratan Tata was known for his charitable work. He contributed to healthcare, education, and rural development through the Tata Trusts, which control much of the Tata Group’s wealth. His philanthropy left a lasting impact on Indian society.
8. Stepping Down as Chairman
In 2012, Ratan Tata stepped down as chairman of Tata Sons. However, he continued to play an influential role within the company. He was named chairman emeritus of several Tata companies, including Tata Motors, Tata Steel, and Tata Chemicals.
9. A Leader of Integrity
Ratan Tata was known for his integrity, humility, and vision. He guided the Tata Group through challenges while keeping the long-term interests of the company and the country in mind.
10. A Modest Legacy
Despite his immense success, Ratan Tata remained humble. He was dedicated to ethical business practices and believed in giving back to society. His legacy will continue to inspire future generations of leaders and entrepreneurs.
Tributes from Indian Leaders
Indian Prime Minister Narendra Modi expressed his condolences on social media, describing Ratan Tata as a leader with a big vision and a passion for giving back. Modi said Tata was at the forefront of important causes, including education, healthcare, and animal welfare.
“Shri Ratan Tata Ji provided stable leadership to one of India’s oldest and most prestigious business houses,” Modi wrote. He also praised Tata’s contributions to India’s growth beyond the boardroom.
Rahul Gandhi, Leader of the Opposition in the Lok Sabha, also paid tribute to Tata. He called him a man with vision who made a lasting impact on both business and philanthropy. Congress President Mallikarjun Kharge expressed deep sorrow over Tata’s passing, calling him an invaluable son of India. “Shri Tata was synonymous with integrity and ethical leadership,” Kharge added.
