New Delhi: Prime Minister Narendra Modi has expressed his condolences on the death of industry guru and philanthropist Ratan Tata, calling him a “visionary business leader, a caring soul and an extraordinary human being.” It was called.
“He provided steady leadership to one of India’s oldest and most prestigious companies. At the same time, his contributions went far beyond the boardroom. His humility, kindness and His unwavering commitment to bettering our society endeared him to many,” read PM Modi’s post on X (formerly Twitter).
Shri Ratan Tata Ji was a visionary business leader, a caring soul and an extraordinary human being. He provided stable leadership to one of India’s oldest and most prestigious companies. At the same time, his contributions went far beyond the boardroom. He was adorable… pic.twitter.com/p5NPcpBbBD
— Narendra Modi (@narendramodi) October 9, 2024
The 86-year-old honorary chairman of India’s largest conglomerate Tata Sons passed away today in Mumbai after a long illness. On Monday, he denied speculation about his health in a social media post, saying he was undergoing regular medical check-ups as he ages.
In a message, Tata Sons Chairman N. Chandrasekaran described him as “a truly rare leader whose invaluable contributions have shaped not just the Tata Group but the very fabric of our country”. .
“Mr. Tata’s dedication to philanthropy and social development has touched the lives of millions of people. From education to healthcare, his efforts have left a deep-seated footprint and will continue to be felt for generations to come. It will bring benefits,” he added.
Inheriting the British heritage of his grandfather Jamshedji Naoroji Tata, Tata has brought together British car giants Jaguar and Land Rover, American luxury hotel chain Ritz-Carlton and Italian aerospace under one umbrella. He transformed the company into a global conglomerate. The manufacturer is Piaggio.
At the same time, it brought out a small ‘Raphtakia’, a 100,000 rupee car, the Nano, which, with limited means, carried the weight of the aspirations of the urban and rural masses.
During his 22 years as chairman of the Tata Group, profits and revenues increased by a staggering 50 and 40 times. In 2011-2012, the latter surpassed the $100 billion mark for the first time.
In 2000, Ratan Tata was awarded the Padma Bhushan, India’s third highest civilian honor, followed by the Padma Bhushan, the second highest civilian honor, in 2000.
