Online Desk: India’s top industrialist and Tata Sons Chairman Emeritus Ratan Tata died in a hospital in Mumbai tonight, the company said.
“It is with a profound sense of loss that we bid farewell to Mr Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation,” said a press statement by Tata Sons Chairman N Chandrasekaran. The 87-year-old industrialist was admitted to Breach Candy Hospital for age-related ailments.
Ratan Tata, who ran the conglomerate for more than 20 years as chairman, had been undergoing intensive care in hospital.
He became chairman of the Tata Sons, the autos-to-steel conglomerate, in 1991 and ran the group founded by his great-grandfather more than a hundred years ago until 2012.
Indian Prime Minister Narendra Modi tonight paid rich tributes to the industrialist, describing him as a visionary business leader, compassionate soul and an extraordinary human being.