Ratan Tata, the stalwart of Indian industry and leader of the Tata Group, passes away

Mumbai, Oct 10 — Ratan Naval Tata, Chairman Emeritus of Tata Sons, passed away at Breach Candy Hospital at the age of 86 due to age-related health issues. He had been admitted on Monday, leading to widespread speculation about his health across corporate, political, and public circles. Later, Tata issued a statement explaining that he was undergoing routine medical examinations for age-related concerns.

Reports indicated that he was placed on life support, though officials from the Tata Group neither confirmed nor denied these claims. Tata Sons Chairman N Chandrasekaran expressed deep sorrow, saying, “We mourn the loss of Mr. Ratan Naval Tata, a truly extraordinary leader whose contributions have shaped not just the Tata Group but also the nation. To the Tata Group, he was more than a chairman; to me, he was a mentor, guide, and friend. He led by example, and under his leadership, the Tata Group expanded its global presence while adhering to its core values of excellence, integrity, and innovation.”

Chandrasekaran also praised Tata’s philanthropy, noting his transformative impact on millions through initiatives in education, healthcare, and societal development, all underpinned by his humility and compassion. “On behalf of the entire Tata family, we extend our deepest condolences to his loved ones. His legacy will continue to inspire us as we strive to uphold the values he championed.”

Known for his gracious demeanor and sharp business acumen, Tata served as the influential Chairman of Tata Sons, the holding company of the Tata Group, from 1991 until his retirement on December 28, 2012. Under his leadership, the group’s revenues grew exponentially, surpassing $100 billion by 2011-12. Throughout his tenure, Tata also chaired several major companies within the group, including Tata Motors, Tata Steel, Tata Consultancy Services, Tata Power, and Tata Global Beverages.

Tata held numerous international roles, serving on advisory boards of Mitsubishi Corporation, JP Morgan Chase, and others. He also contributed to educational and research institutions, including the Tata Institute of Fundamental Research, Cornell University, and the University of Southern California.

Born on December 28, 1937, Tata joined the Tata Group as a young executive in 1962, after earning a Bachelor of Architecture from Cornell University. He briefly worked with Jones and Emmons in Los Angeles before returning to India to work at Tata Steel. His leadership trajectory included a directorship at National Radio and Electronics Company (1971) and the chairmanship of Tata Industries in 1981, where he drove innovation and high-tech ventures. Following his retirement, Tata was named Chairman Emeritus of Tata Sons, Tata Industries, Tata Motors, Tata Steel, and Tata Chemicals.

As Chairman of Tata Trusts, including the Sir Ratan Tata Trust and the Sir Dorabji Tata Trust, he reshaped these organizations into leading philanthropic entities focused on partnerships that transform lives across India. In recognition of his service, the Indian government awarded Tata the Padma Vibhushan in 2008. He also received numerous honors and accolades from institutions worldwide.

Tata is survived by his extended family, including siblings Simone Tata, Jimmy Tata, Noel Tata, Aloo Tata, and several others. The family issued a statement expressing their profound loss.