Ratan Naval Tata passed away today at Mumbai’s Breach Candy Hospital, leaving behind a legacy of leadership, ethical business practices, and philanthropy. As a prominent businessman and chairman of Tata Sons, his strategic acquisitions and focus on innovation propelled the Tata Group into new markets, establishing it as a respected name around the world.
Born on 28th December 1937, Ratan Tata led the Tata Group for over two decades. He was chairman from 1991 to 2012 and returned briefly as interim chairman in 2016. Under his leadership, the company grew rapidly. Its Group’s revenue increased from $5.7 billion in 1991 to nearly $100 billion by 2012.
When Ratan Tata became chairman of the Group in 1991, there were questions about his leadership qualities. He quickly dispelled those doubts by modernising the company, expanding into new sectors, and making bold acquisitions. Under his leadership, the Tata Group entered industries like telecoms, steel, and automotive. He also restructured the management and improved the company’s financial health.
