The former chairman of Tata Sons and India's largest conglomerates Ratan Tata passed away at the age of 86. He had previously addressed rumors about his health on social media, stating that he was simply undergoing regular medical exams because of his age. In a statement released late at night on Wednesday, N Chandrasekaran, Chairman of Tata Sons, announced Mr. Tata's passing, praising the industrialist's dedication to excellence, integrity, and innovation.
"It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation," said Mr Chandrasekaran.
"For the Tata Group, Mr. Tata was more than a chairperson. To me, he was a mentor, guide and friend. He inspired by example. With an unwavering commitment to excellence, integrity, and innovation, the Tata Group under his stewardship expanded its global footprint while always remaining true to its moral compass," said Mr Chandrasekaran.
Remembering Mr Tata's contribution to philanthropy, Mr Chandrasekharan said "from education to healthcare, his initiatives have left a deep-rooted mark that will benefit generations to come".
Prime Minister Narendra Modi led the tributes, hailing the industrialist as " a compassionate soul and an extraordinary human being".
