India mourns the loss of Ratan Tata, Chairman Emeritus of Tata Sons, who passed away at the age of 86. Renowned for his visionary leadership, Tata revolutionized the Tata Group, growing its revenue from $5.7 billion in 1991 to nearly $100 billion by 2012. Under his guidance, iconic acquisitions like Jaguar Land Rover, Tetley, and Corus were made, putting India on the global business map.
His passing marks the end of an era of integrity, innovation, and philanthropy. Tata was also deeply committed to giving back, with over 65% of Tata Sons’ shares dedicated to charitable causes, making an indelible impact on India’s development.
Tata’s simplicity, humility, and love for his nation were exemplified through his charitable efforts, which focused on education, healthcare, and social development. A recipient of numerous accolades including the Padma Vibhushan and Knight Grand Cross of the Order of the British Empire, his legacy will continue to shape India for generations.
Key Highlights:
- Ratan Tata, 86, passes away, leaving behind a transformative legacy in business and philanthropy.
- Led Tata Group to global prominence through major acquisitions and innovative leadership.
- Over 65% of Tata Sons’ shares were dedicated to charity, funding education and healthcare.
- Honored with India’s highest civilian awards, Tata’s impact will endure for years to come.