Ratan Tata, born on December 28, 1937, and who passed away on October 9, 2024, was one of India’s most revered business leaders and the former chairman of Tata Sons, the holding company of the Tata Group. During his remarkable tenure, he transformed Tata Group from a largely domestic conglomerate into a global powerhouse, establishing its presence in over 100 countries while focusing on innovation and social responsibility.
After earning a degree in architecture from Cornell University and completing the Advanced Management Program at Harvard Business School, Tata began his career at Tata Steel in 1961.He was appointed as the chairman of Tata Sons in 1991, succeeding the legendary J.R.D. Tata. His leadership was characterised by a modernization drive, restructuring the company’s diverse businesses to align with global standards. Notable achievements include driving Tata Group’s global acquisitions, such as Tetley Tea in 2000, Corus Steel in 2007, and the British brands Jaguar and Land Rover in 2008. Tata also championed innovation with the Tata Nano, the world’s cheapest car, making transportation accessible to India’s middle class.
Beyond business, Tata was known for his philanthropic efforts. The Tata Trusts, which he chaired, contributed significantly to education, healthcare, and rural development. His numerous accolades include the Padma Bhushan (2008), the Padma Vibhushan (2020), and the honorary Knight Commander of the Order of the British Empire (KBE) in 2009, recognizing his contributions to industry and society.
Ratan Tata’s legacy is defined by visionary leadership, ethical governance, and an unwavering commitment to societal progress. His ability to blend business success with social responsibility made him a towering figure not only in India but globally. Even after stepping down as chairman in 2012, he continued to inspire generations through his enduring values, establishing himself as one of the most respected business icons worldwide.