Ratan Tata, the chairman emeritus of Tata Sons, has passed away at the age of 86 on Wednesday. Ratan Tata was a member of the Parsi Zoroastrian faith. He was born in Bombay (now Mumbai) on December 28, 1937 to a Parsi Zoroastrian family. The Tata family is an Indian business family that originated in Navsari, Gujarat.
The Tata group's roots go back to 1868, when Jamsetji Nusserwanji Tata established a trading company that eventually expanded into cotton mills, steel plants, and hotels.
A recipient of Padma Vibhushan, he breathed his last at south Mumbai’s Breach Candy Hospital at 11.30 pm, a top police official told PTI. He was admitted to the hospital for the past few days.
In a statement, Tata's family said,"We his brothers, sisters, and family take solace and comfort in the outpouring of love and respect from all who admired him. While he is no longer with us in person, his legacy of humility, generosity and purpose will continue to inspire future generations."
In a statement, Tata Sons chairman N Chandrasekaran said, "It is with a profound sense of loss that we bid farewell to 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.”
Prime Minister Narendra Modi, in a post on social media platform X, condoled the death of Tata saying he was "extremely pained by his passing away".
"Shri Ratan Tata Ji was a visionary business leader, a compassionate soul and an extraordinary human being. He provided stable leadership to one of India's oldest and most prestigious business houses," Modi said.
(With inputs from PTI)
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