Industry titans and politicians pay tributes to Ratan Tata.
- Ratan Tata passed away on Wednesday, aged 86.
- Narendra Modi, India's Prime Minister, described Tata as a "visionary business leader, a compassionate soul, and an extraordinary human being" in a post on X.
- The death of Ratan Tata is a significant loss not only to the Tata Group but to every Indian, as stated by Mukesh Ambani, the wealthiest person in India and the chairman of the oil-to-retail conglomerate Reliance Group.
On Wednesday, at the age of 86, Ratan Tata, the former chairman of Tata Sons, received tributes from various industry leaders, politicians, and the general public.
Narendra Modi, India's Prime Minister, described Tata as a "visionary business leader, a compassionate soul, and an extraordinary human being" in a post on X. He added that Tata's contribution went far beyond the boardroom.
Sundar Pichai, CEO of Google and Alphabet, recounted his discussion with Tata about Google's self-driving car initiative.
Pichai wrote on X that he was instrumental in mentoring and developing modern business leadership in India, leaving an extraordinary business and philanthropic legacy.
Tata, known for expanding his business empire globally through notable acquisitions such as Jaguar-Land Rover in 2008, was reportedly admitted to intensive care in a Mumbai hospital.
The death of Ratan Tata is a significant loss not only to the Tata Group but to every Indian, as stated by Mukesh Ambani, the chairman of Reliance Group and India's wealthiest individual, in a post on X.
"Mr Tata brought the world's best to Bharat and made India known globally."
In 1962, after earning an architecture degree from Cornell University, Tata joined the family enterprise. He was recognized for his philanthropy and served as chairman of Tata Trusts, one of India's largest charity organizations.
Tata Sons' chairman N. Chandrasekaran expressed his condolences on the company's website, stating that Mr. Tata's commitment to philanthropy and societal development has positively impacted the lives of millions. Through his initiatives in education and healthcare, Mr. Tata has left a lasting legacy that will continue to benefit future generations.
Tata played a key role in approximately 60 acquisitions that contributed to the company's global expansion.
Chandrasekaran stated that under his leadership, the Tata Group maintained its commitment to excellence, integrity, and innovation while expanding its global presence while staying true to its moral compass.
Tata was described as a "giant, a visionary" by Adani Group Chairman Gautam Adani, who stated that he redefined modern India's path.
Adani wrote on X that Ratan Tata was more than just a business leader; he embodied India's spirit with integrity, compassion, and an unwavering commitment to the greater good.
Ratan Tata's death has saddened Anand Mahindra, the chairman of India's Mahindra Group, who competes with Tata Group in the autos sector, as the Indian economy prepares to accelerate.
"Ratan's life and work have played a significant role in India's economy being on the brink of a historic leap forward," Mahindra wrote on X.
Mahindra stated that for him, being a businessman meant using financial wealth and success to benefit the global community.
The chief minister of Maharashtra, where Tata Group's headquarters is located in Mumbai, announced that Tata would receive a state funeral, a privilege typically reserved for top government officials, and referred to him as a "priceless treasure," according to a CNBC translation of his post on X in Hindi.
From 1991 to December 2012, Tata served as the chairman of Tata Sons and led the group to achieve revenue surpassing $100 billion, as reported by the company.
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