India is mourning the loss of one of its most admired industrialists, Ratan Tata, who passed away at the age of 86. The former chairman of Tata Group breathed his last at Breach Candy Hospital in Mumbai after battling illness for a prolonged period. Known for his humility and dedication to India, Ratan Tata leaves behind an unparalleled legacy in the Indian business world.
Leading the Tata Group: Brands That Became Icons
Under Ratan Tata’s leadership, the Tata Group became a global powerhouse, owning some of the most recognized brands across various industries. The group’s impressive portfolio includes giants like Jaguar Land Rover, Air India, Tata Motors, Tata Consultancy Services (TCS), and Tata Salt. Other notable names under the Tata umbrella are Tata Tea, Titan, Starbucks, Tata Play, Voltas, and Tanishq.
Apart from these, Ratan Tata also spearheaded ventures like Tata AIG, Tata Capital, Tata AIA Life, and Westside, among others. His leadership helped diversify the group into sectors like healthcare, lifestyle, and financial services, with the inclusion of Tata OneMG, Cultfit, and Zara.
A Life of Humility and Service
Despite overseeing such a vast empire, Ratan Tata was known for his simplicity and down-to-earth attitude. He always emphasized that his business ambitions were driven by a desire to contribute to India’s growth, rather than accumulating personal wealth. Ratan Tata, famously unmarried, devoted much of his life to his work and philanthropy, channeling much of his efforts through the Tata Trusts, which are deeply involved in social work and community development.
Ratan Tata’s Net Worth
According to the Hurun India Rich List 2022, Ratan Tata was ranked 421st among the richest people globally, with an estimated net worth of Rs 3,800 crore. However, despite his wealth, he is best remembered for his dedication to philanthropy and his vision to uplift India, rather than focusing on personal riches.
A Nation Mourns
The news of Ratan Tata’s death has sent shockwaves across India, with people from all walks of life expressing their sorrow. Prime Minister Narendra Modi, along with several other political and industry leaders, paid tribute to the visionary leader. Modi described Tata as a “visionary business leader, a kind soul, and an extraordinary human being.”
Ratan Tata’s passing marks the end of an era, but his contributions will continue to shape India’s future for years to come.
