India bids farewell to Ratan Tata, legendary industrialist of the subcontinent

Indian tycoon Ratan Tata, in Bombay, July 24, 2008. INDRANIL MUKHERJEE / AFP Tributes are pouring in from all sides to salute a “legendary” boss, a “titan”, a “visionary”. Ratan Naval Tata, who led the group that bears his name for more than twenty years and made it an international conglomerate – with a turnover of 165 billion dollars (150 billion euros) in 2023-2024 –, died on the night of Wednesday October 9 to Thursday October 10, in Bombay. He was 86 years old. Also read our archive (2017) | Article reserved for our subscribers In India, Ratan Tata delivers his will as a big boss Add to your selections Known for his discretion, contrasting with the flashiness of the subcontinent’s billionaires, he had been hospitalized earlier in the week, in an establishment in the Indian financial capital. In a press release, notably distributed on his Instagram account, opened at the age of 81, he reassured his more than ten million subscribers, informing them that he was simply undergoing examinations for health problems linked to his age . True to form, he thanked those who thought of him. The news of his death was made public Wednesday evening by his family. “It is with a deep sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly extraordinary leader, whose immeasurable contributions have shaped not only the Tata Group, but also the very fabric of our nation.” , indicated his successor, the current president of the group, Natarajan Chandrasekaran. Determining role Indian politicians of all stripes, bosses of the largest groups, Bollywood stars and ordinary citizens have paid tribute to his memory. The Prime Minister, Narendra Modi, praised a “visionary” and an “extraordinary human being”, “full of compassion”. Ratan Tata was considered one of the greatest philanthropists in the country of 1.4 billion inhabitants, whose actions touched the lives of millions of people in the fields of health, education and protection. animal, he who did not hide his love for dogs. Google CEO Sundar Pichai, on the other hand, highlighted his instrumental role as a mentor in the development of modern business leadership in India. “It is a very sad day for India and for the Indian business world,” said Mukesh Ambani, the country’s richest man, head of the Reliance Industries group. “Farewell and thank you”, headlined the front page of its Thursday, October 10 edition of the daily The Indian Express. Read also | Article reserved for our subscribers In the United Kingdom, Tata Steel closes the last blast furnaces in the country Add to your selections Born in Bombay in 1937, Ratan Tata joined the group in 1961, before succeeding JRD Tata, a relative, in 1991 distantly, as CEO of Tata Sons. He began, among other places, in a Tisco workshop, now Tata Steel, near the blast furnaces, staying in an apprentice hostel. In the 1990s, he took the reins of the family empire founded in 1868, as India began its liberalization. He’s riding the wave. In 1998, when the country decided to open the door to foreign automobile manufacturers’ factories, Tata began manufacturing the first local passenger car, the Tata Indica. A vehicle that occupied “a special place in [son] heart,” he declared. You have 50.74% of this article left to read. The rest is reserved for subscribers.



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