MUMBAI: Ratan Tata, the esteemed chairman emeritus of Tata Sons, passed away today, Wednesday, October 9, at the age of 86. His death was confirmed by a statement from Tata Group. Tata had been receiving treatment in a Mumbai hospital, where he was in critical care.

Ratan Tata played a pivotal role in transforming the Tata Group into a global powerhouse during his tenure as chairman from 1991 to 2012. Under his leadership, the group expanded its reach internationally, acquiring notable companies such as Jaguar Land Rover and Corus Steel. His vision for innovation and sustainability has left a lasting impact on the business landscape.

Born on December 28, 1937, Ratan Tata was the great-grandson of Tata Group founder Jamsetji Tata. He graduated from the Massachusetts Institute of Technology and began his career in the family business in 1962. Over the years, he held various positions within the Tata Group, eventually ascending to the chairmanship.

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Tata was not just a successful businessman; he was also known for his philanthropic efforts. He championed numerous social causes, including education, health care, and rural development, believing in the importance of giving back to society. His leadership style was marked by a deep sense of integrity and compassion, earning him immense respect both within and outside the corporate world.

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His passing is a significant loss, not only for the Tata Group but also for the broader business community and the many lives he touched through his philanthropic work. Ratan Tata’s legacy will be remembered for his contributions to industry and society, inspiring future generations to follow in his footsteps.

Industry leaders poured their heartfelt condolences on social channels.