Ratan Tata, India's leader businessman, died at the age of 86. In the official statement made by Tata Group, it was stated that Tata's philanthropy and contributions to the development of society touched the lives of millions of people.
Ratan Tata assumed the chairmanship of Tata Group in 1991 and became the pioneer of India's economic reforms during this period. While helping the country's economy to open up to the outside world, he also contributed to the growth of the Tata Group. The company has become one of India's largest and most influential conglomerates with annual revenues in excess of $100 billion. The Tata Group consists of more than 100 companies operating in many sectors such as steel, automotive, hospitality and tea, and employs about 660,000 people.
Ratan Tata, India's leader businessman, died at the age of 86. In the official statement made by Tata Group, it was stated that Tata's philanthropy and contributions to the development of society touched the lives of millions of people.
Ratan Tata assumed the chairmanship of Tata Group in 1991 and became the leading figure in India's economic reforms during this period. While helping the country's economy to open up to the outside world, he also contributed to the growth of the Tata Group. The company has become one of India's largest and most effective holdings, with annual revenues in excess of $100 billion. The Tata Group consists of more than 100 companies operating in many sectors such as steel, automotive, hospitality and tea, and employs about 660,000 people.
Ratan Tata's life and work have left a deep mark on India's modern economic history. The Tata name has become not only a brand in the country but also a symbol for the development and industrialisation of society. His death is considered a great loss not only for the Tata Group family but also for the whole of India.
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