Mumbai: Ratan Tata, one of the country’s largest industrialists and former chairman of Tata Sons, has passed away. He was undergoing treatment at Breach Candy Hospital in Mumbai and was moved to the ICU this evening. He died around 11:30 PM.
Ratan Tata served as chairman of the Tata Group from 1990 to 2012 and as interim chairman from October 2016 to February 2017. In 2008, he was honored with the Padma Bhushan, the second-highest civilian award in India.
He always upheld human values and was actively involved in charitable work. Ratan Tata was born on December 28, 1937, into a Parsi family in Mumbai. He was the son of Naval Tata, who was adopted into the Tata family after being born in Surat. He studied at Mumbai’s Campion School until the eighth grade and then attended Cathedral and John Connon School in Mumbai, Bishop Cotton School in Shimla, and Riverdale Country School in New York City. He graduated with a degree in architecture from Cornell University College of Architecture in 1959.
Mumbai: Ratan Tata joined the Tata Group in 1961, initially overseeing Tata Steel. He was appointed chairman of the Tata Group in 1991 following J.R.D. Tata’s retirement. Under his leadership, the Tata Group acquired companies like Tetley, Jaguar Land Rover, and Corus.
Ratan Tata prioritized innovation at Tata. It was during his tenure that the Tata Nano, marketed as the car for the common man, was launched. After turning 75, he resigned from his executive responsibilities at Tata Group on December 28, 2012. Cyrus Mistry succeeded him as chairman, but following Mistry’s removal in October 2016, Ratan Tata was reinstated as interim chairman.
Ratan Tata is known as one of the world’s greatest philanthropists, having donated 65% of his income to charitable causes. He was honored with the Padma Vibhushan in 2008 and remains unmarried.
