Ratan Tata, chairman emeritus of one of India's biggest conglomerates, Tata Sons, died at the age of 86 on Wednesday night. He had been undergoing treatment for prolonged illness at Mumbai’s Breach Candy Hospital for the last few days.
"For the Tata Group, Mr. Tata was more than a chairperson. To me, he was a mentor, guide and friend. He inspired by example. With an unwavering commitment to excellence, integrity, and innovation, the Tata Group under his stewardship expanded its global footprint while always remaining true to its moral compass," said Tata Sons chairman N Chandrasekaran said in a statement announcing his death.
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