India said a solemn goodbye yesterday to one of its most admired corporate titans, Ratan Tata, who passed away at the age of 86. Tata, renowned for transforming his namesake conglomerate into a global powerhouse, was laid to rest in Mumbai following a state funeral.
Hundreds of mourners, including corporate leaders, politicians, and celebrities, gathered in India’s financial hub to pay their final respects to Tata. The business magnate, known not only for his business brilliance but also for his philanthropic efforts, led Tata Group for over two decades, helping it achieve revenues of $165 billion in 2023-24.
Although Tata had stepped back from the day-to-day operations in recent years, he remained an influential figure within the company. Senior executives confirmed that he continued to be consulted on major decisions by Tata Sons, the conglomerate’s parent company.
Ratan Tata had been hospitalized in Mumbai since Monday, though the cause of his death was not immediately disclosed. His passing prompted an outpouring of tributes from around the world, underscoring his widespread influence and legacy.
“India and the world have lost a giant with a giant heart,” US Ambassador to India, Eric Garcetti, said on X (formerly Twitter). Tata had been awarded the Padma Vibhushan, India’s second-highest civilian honor, for his contributions to industry and society.
Billionaire philanthropist Bill Gates also shared a tribute on LinkedIn, praising Tata’s leadership and humanitarian work: “Ratan Tata was a visionary leader whose dedication to improving lives left an indelible mark on India—and the world. His loss will be felt globally for years, but his legacy will continue to inspire future generations.”
Tata’s body, draped in the Indian national flag, was displayed at a cultural center in Mumbai before being cremated with full state honors. His passing marks the end of an era for India’s corporate world, but his impact on business and philanthropy will continue to resonate far beyond India’s borders.
Ratan Tata’s life exemplified a rare blend of business acumen and a commitment to social good, making him not only a leader in industry but also a beacon of hope and progress for millions.