Ratan Tata Death: Ratan Tata, chairman of the Tata Sons, dies at the age of 86 in Breach Candy Hospital, Mumbai. He ran a corporation for more than 2 decades’ years (1991 to 2012) as a chairman. Ratan Tata went through with the treatment in serious condition and was under surveillance with concentrated attention in the hospital. As per the report, on Monday he went to the hospital for a regular check-up due to his age-related medical conditions.
Ratan Tata was a respected man in the country who was known for his legacy of business leadership. He expanded the Tata Group into a global powerhouse by unwaveringly committing to brilliance and innovation. His dedication towards philanthropy like in the healthcare and education field, left a long-lasting impact on the hearts of millions of people. He will be remembered for his inevitable work.
A brief about his life
He was born on 28 December 1937 in Mumbai during the British Raj into a Parsi Zoroastrian family. He was the great-grandson of the founder of the Tata group Jamsetji Tata. His early education happened in Mumbai and he hailed to the U.S. to pursue a bachelor’s degree. He earned a degree in Architecture at Cornell University in 1962. After that, in 1975, he went to Harvard Business School to attend an advanced management program. Once he completed his higher studies, he came back to India in 1962 and started serving at Tata Steel. After 29 years, he became the chairman of Tata Sons, the holding company of the Tata Group. He ended his tenure as a chairman in 2011 and during this tenure, he did marvellous work. He took Tata to the global level along with acquiring various international companies.
Notable achievements
Tata acquired Corus Steel in 2007 and became one of the top steel producers in the world.
Under his leadership, TCS joined the list of the biggest IT service companies.
Tata purchased Jaguar Land Rover in 2008 and expanded Tata Motors as a key player in the luxury automobile market.
Tata launched the Nano car which is the cheapest car in the world.
Once he retired from the chairman post, he was named chairman emeritus of Tata Sons and other groups.
A visionary leader
The Tata Group has under his leadership transformed and diversified operations. He took the group to new industries through new acquisitions of global giants such as Jaguar, Land Rover, Tetley Tea and Corus Steel. His decisions made Tata Group a place on the international stage. One of the significant moves was introducing Tata Nano. The Nano car is the cheapest car in the world, which reflects Ratan’s innovation and social welfare. His main objective to manufacture this car was to afford an automobile for the ordinary man.
His long-term legacy
He was famous for his simple lifestyle, dedication towards philanthropy and respect for human values. He merged charity work into the group business model. Tata had the commitment to uplift the millions of lives through his numerous charitable works. Under his leadership, the Tata Institute of Social Sciences and Tata Memorial Hospital were initiated for the service and welfare of the communities.
A national loss
Several sections of society, from politicians to celebrities to common folk, are in grief upon hearing the news of the death of Ratan Tata. The former chief minister Eknath Shinde and political leader, Piyush Goyal have expressed their heartfelt condolence. The biggest celebrities spoke of his contribution towards the growth of India and also towards its global recognition. His cremation was held in Gujarat, where the Tata family’s roots are. Big names of India like Mukesh Ambani and Amitabh Bachchan also paid tribute to Tata. His legacy isn’t just about the growth of business but his sincerity for the welfare of society.
Final words
The death of Tata ends a chapter in the books of Indian business. Work, as well as charitable deeds, will continue to be an inspiration for the younger generations. He will be remembered for years for his captivating work for the country. Read More on Send A Snap With The Cartoon Face Lens Using Snapchat and Why is real estate unlike any other investment instrument.
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