Veteran industrialist Ratan Tata, the chairman emeritus of the Tata Group and a towering figure in Indian industry, passed away late on Wednesday night at the age of 86. His death was confirmed by a top police official to PTI. Tata had been admitted to Mumbai’s Breach Candy Hospital in recent days due to declining health.

N Chandrasekaran, the chairman of Tata Sons, issued an emotional statement acknowledging the profound loss. Describing Tata as his "friend, mentor, and guide," Chandrasekaran reflected on the immense impact Tata had, not only on the business world but also on those who worked closely with him. "Ratan Tata was more than a business leader—he was an institution," Chandrasekaran said, adding that his wisdom, kindness, and vision would continue to inspire generations.

Ratan Tata's passing marks the end of an era for the Tata Group and Indian industry at large. He led the group for more than two decades, steering it through significant transformations and helping it expand globally. Under his leadership, the Tata Group acquired global brands like Jaguar Land Rover and Corus, transforming the conglomerate into a multinational powerhouse. Beyond business, Tata was known for his philanthropy, humility, and dedication to social causes. His emphasis on ethical practices and corporate responsibility set benchmarks for Indian businesses.

Even after stepping down as chairman of Tata Sons in 2012, Tata continued to play an active role in the group as chairman emeritus, mentoring the next generation of leaders.

Ratan Tata's legacy as a visionary leader, philanthropist, and icon of Indian entrepreneurship will be remembered for generations. His death leaves a void in the corporate world, but his values and vision will undoubtedly continue to shape the future of the Tata Group and beyond.

Veteran industrialist Ratan Tata, the chairman emeritus of the Tata Group and a towering figure in Indian industry, passed away late on Wednesday night at the age of 86. His death was confirmed by a top police official to PTI. Tata had been admitted to Mumbai’s Breach Candy Hospital in recent days due to declining health.

N Chandrasekaran, the chairman of Tata Sons, issued an emotional statement acknowledging the profound loss. Describing Tata as his "friend, mentor, and guide," Chandrasekaran reflected on the immense impact Tata had, not only on the business world but also on those who worked closely with him. "Ratan Tata was more than a business leader—he was an institution," Chandrasekaran said, adding that his wisdom, kindness, and vision would continue to inspire generations.

Ratan Tata's passing marks the end of an era for the Tata Group and Indian industry at large. He led the group for more than two decades, steering it through significant transformations and helping it expand globally. Under his leadership, the Tata Group acquired global brands like Jaguar Land Rover and Corus, transforming the conglomerate into a multinational powerhouse. Beyond business, Tata was known for his philanthropy, humility, and dedication to social causes. His emphasis on ethical practices and corporate responsibility set benchmarks for Indian businesses.

Even after stepping down as chairman of Tata Sons in 2012, Tata continued to play an active role in the group as chairman emeritus, mentoring the next generation of leaders.

Ratan Tata's legacy as a visionary leader, philanthropist, and icon of Indian entrepreneurship will be remembered for generations. His death leaves a void in the corporate world, but his values and vision will undoubtedly continue to shape the future of the Tata Group and beyond.