Ratan Tata, Indian Tycoon and Globiser, died at the age of 86

Ratan Tata, Indian Tycoon and Globiser, died at the age of 86

New Delhi - Ratan Tata, the former chairman of the Indian conglomerate Tata Group, died at the age of 86, as can be seen from a statement by the company.

ratan Tata: A visionary businessman

The industrial achieved international celebrity through a number of top -class international business. As is well known, he monitored the purchase of the British car brands Jaguar and Land Rover from Ford by Tata Motors.

an irreplaceable loss

"It is deeply regret that we say goodbye to Mr. Ratan Naval Tata, a truly extraordinary leader whose priceless contributions not only shaped the Tata Group, but also the structure of our nation," said the company in a statement published on Wednesday.

reactions to the death of Ratan Tata

India's Prime Minister Narendra Modi reacted in a Post to x to Tatas death and described him as "visionary business, Soul and extraordinary people ”. "He offered a stable leadership for one of the oldest and most respected family businesses in India," continued Modi.

early years and education

ratan Tata was born in a family of Parsis in 1937, an ethnic-religious group of Persian descent in India, which follows Zoroastrism. He studied architecture and structural engineering at Cornell University.

in 1962 he returned to India and joined the family company, which was founded in 1868 by his great -grandfather. Of these modest beginnings, Tata is responsible for India's first steel production, the first luxury hotel and the first national airline.

philanthropy and heir

"I think the family created many national industries in the early years," said Tata in a Rare interview With CNN in 2011. "And then you gave away most of it in philanthropic donations. This is something that has been continued by your successors over the years."

growth and expansion of the Tata Group

In 1991 Tata took over the chair and the large economic growth program of India in the same year opened the economy for the world. At the same time, Tata is increasingly international.

In 2000, the group took over the British company Tetley, one of the largest global tea brands, for $ 432 million. Seven years later, Tata Steel prevailed in a $ 12.1 billion battle for the control of Corus, a British steel company.

legacy and commitment to animal welfare

Tata resigned as a group chairman in 2012 and was honorary chairman of the holding company Tata Sons until his death. After retiring from day-to-day business, the businessman of the Improvement for the many stray animals India .