Tata Group Chairman Emeritus Ratan Naval Tata dies at age 86

Ratan Naval Tata, former chairman of Tata Sons, hasdied, said Tata Group in a statement released Wednesday. He was 86. Tata, who ran as chairman fo...

Ratan Naval Tata, former chairman of Tata Sons, has died, said Tata Group in a statement released Wednesday. He was 86.

Tata, who ran as chairman for over 20 years, had been undergoing intensive care in a Mumbai hospital, reported by Reuters.

In their statement, current Tata chairman Natarajan Chandrasekaran described Tata as “a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation.”

 “For the Tata group, Mr. Tata was more than a chairperson to me he was a mentor, guide, and friend” the statement continued.

“With an unwavering commitment to excellence, intergrity, and innovation, the Tata Group under his sterwardship expanded its global foortprint while always remaining true to its moral compass," it added.