Industry Mourns the Loss of Iconic Business Leader Ratan Tata

Mumbai/New Delhi, October 9  – The demise of India's esteemed industrialist Ratan Tata has sent waves of sorrow throughout the business community. Tata passed away at the age of 86 on Wednesday night at Breach Candy Hospital in Mumbai. Leading figures, including Reliance Industries Chairman Mukesh Ambani and SBI Chairman C.S. Shetty, have expressed deep condolences, calling Tata's death an immense and irreparable loss for all Indians.

Mukesh Ambani, India's richest businessman, released a statement saying, "This is a profoundly sad day for India and Indian industry. Ratan Tata's passing is not just a loss for the Tata Group but a tremendous loss for every Indian." Ambani shared his personal grief, saying, "I am deeply saddened by the loss of a dear friend. Every meeting with Ratan Tata inspired me... Ratan Tata, you will always remain in my heart."

Kumar Mangalam Birla, head of the Aditya Birla Group, also shared his sorrow, noting that with Tata's passing, India and its industrial sector have lost a visionary leader. He stated, "His decisions impacted not only economic growth but also touched lives and industries beyond. For decades, my family and I have had close ties with him. He embodied the best ideals of the Tata Group. His legacy will inspire future generations of Indians to achieve success with integrity."

Anish Shah, Managing Director and CEO of Mahindra Group, posted on X, saying, "Ratan Tata's vision extended beyond business, inspiring a generation to work with purpose and integrity."

Venu Srinivasan, Honorary Chairman of TVS Motor Company, shared, "The late Ratan Tata was truly an exceptional businessman who put the nation above business interests. His vision was truly transformative for the country and its people." Srinivasan added, "Tata was a once-in-a-century kind of industrialist."

RPSG Group Chairman Sanjiv Goenka said, "The world has lost a true visionary and humanitarian with the passing of Ratan Tata." He further remarked that Tata's unparalleled contributions to business and society will forever remain part of his legacy.

Sangita Reddy, Joint Managing Director of Apollo Hospitals, expressed her grief, stating, "Ratan Tata inspired countless individuals. I recall some of my meetings with him and feel deeply saddened... Each meeting left a lasting impact through his wisdom and kindness."

SBI Chairman C.S. Shetty also expressed his sorrow, acknowledging Tata's significant influence on the industrial and philanthropic landscape of India. He said, "His leadership at Tata Sons redefined corporate responsibility and innovation, establishing the Tata Group as a global powerhouse rooted in strong ethical values."