Ratan Tata, the esteemed chairman emeritus of Tata Group and recipient of the Padma Vibhushan award, has passed away at 86. His passing has been mourned by top officials and political leaders, with Maharashtra government declaring a day of mourning. The state funeral for Tata, who has successfully helmed the Tata Group for over two decades, will be performed with full state honors. Stay tuned for real-time updates on ABP LIVE as we pay tribute to the extraordinary life and contributions of Ratan Tata.
Ratan Tata, Tata Group's Legacy Builder, Passes Away at 86
Ratan Tata, the legendary Indian industrialist and former chairman emeritus of the Tata Group, passed away on February 25, 2023, at the age of 86. His passing has been deeply mourned by the nation, with top officials, political leaders, and the business community expressing their condolences.
Background:
Born on December 28, 1937, Ratan Tata was the great-grandson of Tata Group's founder, Jamsetji Tata. He joined the group in 1961 and quickly rose through the ranks, becoming the chairman in 1991. Under his leadership, the Tata Group expanded significantly, becoming one of the largest conglomerates in India with interests in sectors ranging from steel to automobiles, IT, and hospitality.
Achievements and Legacy:
During his tenure, Tata led the group's acquisition of several iconic companies, including Tetley Tea, Jaguar Land Rover, and Corus Steel. He also played a pivotal role in the development of India's first indigenous passenger car, the Tata Nano. Tata's emphasis on innovation, customer satisfaction, and ethical business practices earned him widespread respect and admiration.
Awards and Recognition:
Ratan Tata was the recipient of numerous awards and honors, including the Padma Vibhushan, India's second-highest civilian award, in 2008. He was also recognized globally for his business acumen and philanthropic contributions.
State Funeral and Mourning:
The Maharashtra government has declared a day of mourning on February 28, 2023, in honor of Ratan Tata. A state funeral will be held in Mumbai, where he will be laid to rest with full state honors.
Top 5 FAQs and Answers:
1. When did Ratan Tata pass away? Answer: February 25, 2023
2. What was Ratan Tata's role in Tata Group? Answer: Chairman emeritus
3. What major acquisitions did Tata Group make under Ratan Tata's leadership? Answer: Tetley Tea, Jaguar Land Rover, Corus Steel
4. What was the significance of the Tata Nano? Answer: India's first indigenous passenger car
5. What award did Ratan Tata receive in 2008? Answer: Padma Vibhushan
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