Renowned Industrialist Ratan Tata Passes Away at 86

Renowned industrialist and former chairman of Tata Sons, Ratan Tata, passed away at the age of 86. His health had been deteriorating over recent days, and he had been admitted to Breach Candy Hospital in Mumbai due to serious medical concerns. He passed away during treatment.

Just days earlier, there had been reports about his critical health condition. However, Ratan Tata himself had addressed these rumors on social media, labeling them as baseless. Despite his earlier reassurances, his condition worsened, leading to his hospitalization, where he eventually succumbed late at night.

His passing has evoked tributes from many leaders and public figures. Veteran politician Sharad Pawar remarked, “Ratan Tata’s contribution to the nation’s reputation on the global stage through his remarkable work will be forever remembered. He was always ready to lend a helping hand during any natural or human crisis, reflecting his social consciousness.”

Additionally, Prime Minister Narendra Modi expressed his sorrow, stating, “Ratan Tata was a visionary business leader, a kind personality, and a remarkable individual. His impact extended beyond the boardroom through his humility, kindness, and unwavering commitment to making society better. He was deeply invested in causes like education, healthcare, sanitation, and animal welfare. His interactions and guidance greatly enriched my perspective.”

Ratan Tata was born on December 28, 1937, in Mumbai. He was the great-grandson of Jamsetji Tata, the founder of Tata Group. Ratan Tata served as the chairman of Tata Sons from 1990 to 2012 and as interim chairman from October 2016 to February 2017. He played a significant role in the group’s charitable trusts.

Throughout his life, Tata was known for his philanthropic efforts. He generously donated $28 million to Cornell University and $50 million to Harvard Business School to aid Indian students. In 2014, he also contributed 95 crore Indian rupees to support research at IIT Bombay.