Shristy Kamal, Pune
On Wednesday, October 9 the esteemed former chairman of the Tata Group Ratan Tata passed away at the age of 86. His health condition was the subject of reports earlier in the week but Tata reassured the public that his hospital visits were normal because of age-related issues. But shortly after his condition deteriorated. The last ceremonies for Ratan Tata will be held at Mumbai’s Worli crematorium on October 10.
The news of Ratan Tata’s demise was announced by N Chandrasekaran, the chairman of Tata Sons. He hailed the veteran industrialist’s commitment to excellence and added that he was more than a chairperson to him but a mentor, friend and guide. He also praised him for his kindness, compassion and his moral values which further shaped the morals of the Tata company.
The security at Breach Candy Hospital was increased following the news of Tata’s death. Devendra Fadnavis, the Deputy chief minister of Maharashtra is anticipated to visit the facility. For people to pay their respects, his mortal remains will be kept at the National Centre for Performing Arts (NCPA) from 10 am to 4 pm in South Mumbai.
Tata, who followed in the footsteps of his great-grandfather Jamsetji Tata, the founder of the Tata Group, was a prominent figure in Indian business. He was born in Navsari, Gujarat in 1937. He oversaw significant acquisitions like Tetley Corus and Jaguar Land Rover guiding the conglomerate to extraordinary global expansion and converting Tata from a domestic business into a global powerhouse.
The Tata Group reached a valuation of over $100 billion during his tenure. During the period of India’s economic liberalization which lasted from 1991 until his retirement in 2012, Ratan Tata served as the company’s CEO. Under his inspiring direction, the Tata Group expanded into several industries including IT steel cars and hospitality. His most notable invention to this day is the launch of the Tata Nano, the most economical car in the world. In addition to his commercial accomplishments, Tata was well-known for his generosity. He made major contributions to rural development healthcare and education through the Tata Trusts he is said to have given 60–65% of his income to charity.
Nationwide condolences have been expressed by political leaders and personalities. Prime Minister Modi paid tribute to Tata’s passing on X. Union Defence Minister Rajnath Singh has acknowledged Tata’s economic contributions while also lamenting his passing. Anand Mahindra conveyed his profound sorrow while considering the guidance and direction Tata gave Indian companies. Renowned figures such as Sharad Pawar Uddhav Thackeray and Shaktikanta Das paid their condolences as Ratan Tata’s mortal remains were housed at Nariman Point for public homage.