At Mumbai’s Breach Candy Hospital, Ratan Tata passed away. Due to age-related health issues, the veteran businessman had been admitted to the hospital a few days earlier.
The nation is in mourning as a result of his sudden passing. From every corner, tributes are pouring in to honor his remarkable life and contributions to Indian industry.
Was Admitted To Hospital in Mumbai
A few days before Ratan Tata died, he was admitted to Breach Candy Hospital in Mumbai. At first, it was said that he was getting regular checkups.
However, his condition rapidly deteriorated, necessitating his admission to the intensive care unit. He could not be saved, despite the medical team’s best efforts.
End Of an Era
In Indian business, the passing of Ratan Tata marks the end of an era. He was the driving force behind the Tata Group’s transformation into a $100 billion conglomerate and its global expansion.
Tata acquired well-known brands like Tetley Tea and Jaguar Land Rover under his direction. Additionally, he was the driving force behind the introduction of the Tata Nano, which was marketed as the cheapest car in the world.
Ratan Tata’s Net Worth
Ratan Tata’s net worth was estimated to be around $1 billion at the time of his death. However, his impact and influence are not accurately represented by this figure.
He held most of his wealth in charitable trusts. He headed the Tata Trusts, which controls 66% of Tata Sons, the Tata Group’s holding company.
Social media platforms were flooded with tributes and condolences. #RatanTata and #EndOfAnEra trended on Twitter for hours.
PM Modi Pays Tribute To Ratan Tata
The nation is still reeling from the tragic news of Ratan Tata’s death. Politicians and business leaders alike are paying tribute to the legendary industrialist and expressing their sorrow.
In a tweet, Prime Minister Narendra Modi stated: A genuine visionary has died in India. The contributions Ratan Tata has made to the progress of our nation are incalculable.”