Ratan Tata, gem of an entrepreneur
- Last updated: October 10, 2024 | 20:49
Inayat-ur-Rahman, Business Editor
Ratan Tata, the veteran industrialist and former Chairman of Tata Group, a $100 billion conglomerate, died at a Mumbai hospital on Wednesday night at the age of 86. He transformed the Tata Group, which employs more than 350,000 people worldwide with a presence in over 100 countries, into a sprawling international enterprise, with a portfolio ranging from software to sports cars. The business community across the UAE mourns tata’s sad demise
Dr. Azad Moopen, Founder and Chairman, Aster DM Healthcare, said: “I am deeply saddened to hear of Sir Ratan Tata’s passing. He not just leaves behind a legacy of business acumen but of a man who showed the world that compassion and social responsibility can co-exist with corporate success. His leadership has shaped industries and touched countless lives, driven by a quiet commitment to ethical principles and long-term societal value.
“Tata’s understanding of healthcare transcended traditional corporate philanthropy. He recognised early on that access to quality healthcare is fundamental to the development of any nation. In a sector where the challenges are as complex as they are urgent, Ratan Tata demonstrated that businesses could act as drivers of systemic improvement. His belief that healthcare must be both accessible and sustainable is a guiding principle for many today.
“His support for initiatives such as cancer research, rural healthcare programmes, and the establishment of advanced medical facilities has addressed critical gaps, creating lasting benefits for underserved communities. His vision extended beyond infrastructure to a holistic approach that includes patient care, education, and medical research.
“His leadership continues to serve as a model for future generations, illustrating that progress is achieved when success is measured not just in profits, but in the lasting difference it makes in people’s lives.”
Dr. Thumbay Moideen, founder president, Thumbay Group, said: “As a businessman of Indian origin, I hold immense admiration for the visionary leadership and values exemplified by Ratan Tata. His remarkable achievements across various industries, from automobiles to steel, are truly profound. Beyond his professional success, his unparalleled humanitarian efforts have made a lasting impact on countless lives.
“The news of his passing is a tremendous loss, and the best tribute we can pay is to emulate his exemplary character and principles. Legends like him never fade away; they inspire us to strive for excellence and to give back to society.”
Rizwan Sajan, Chairman & Founder, Danube Group, said: “As the world mourns the passing of the legendary Ratan Naval Tata, it is essential to honour his remarkable legacy. Through his leadership and entrepreneurial spirit, he brought global recognition to India, exemplifying strong business ethics and visionary thinking.
“Ratan Tata’s true greatness lay in the enormity of his heart. His kindness, compassion, and philanthropy made his loss deeply personal for all of humanity, transcending boundaries of class and faith. “India has lost a true gem, but his invaluable lessons will endure. He will forever remain a cherished part of our nation’s proud history, living on in the hearts of all who were touched by his compassionate spirit.” Paras Shahdadpuri, Chairman of NIKAI Group of Companies, said: “Ratan Tata’s passing marks the loss of one of India’s most visionary business leaders. His leadership transformed Tata Group into a global powerhouse, expanding into diverse industries and markets. Beyond his remarkable business achievements, his commitment to philanthropy and nation-building left an indelible mark on India. Personally, as an entrepreneur, I have always looked up to Mr. Tata’s visionary approach and the values he embodied. His humility, integrity, and focus on innovation have been a source of inspiration throughout my own journey.
“His legacy continues to guide and inspire countless entrepreneurs like myself, and his contributions will forever be remembered. My heartfelt condolences to his family and the Tata Group during this difficult time.”
Bharat Bhatia, CEO and Founder of Conares, said: “I am deeply saddened by the passing of Shree Ratan Tata, a true pioneer and visionary across industries. His leadership and contributions have profoundly shaped the future for generations to come. I was fortunate to meet him once, and he had an aura that left a profound impression on everyone around him. Tata’s legacy will continue to guide and inspire us all, not just in the steel industry but in every aspect of business and life.”
Abdul Jebbar P.B, Founder and Group Managing Director at Hotpack Global, said: “Ratan Tata was a true inspiration for all Indians, including myself, looking to make their mark in the business world. His brilliance, humility, and commitment to excellence reshaped how Indian businesses were perceived globally and played a significant role in India’s rise as a global economic force. His legacy of leadership and innovation will continue to inspire future generations. He was a giant, not just in business, but in his vision for India and the world. His legacy will never be forgotten.”
Abdullah Gadit, CEO and Founder, Mystic Advertising, said: “At the end of the day, nobody will care how many hours you worked – rather, the legacy you left behind. Ratan Tata was a truly visionary leader whose contributions will leave an impact for decades beyond and inspire generations ahead. As an entrepreneur, he is one of the key figures I’ve always looked up to. The expansion of the Tata empire under his reign is beyond remarkable — a feat that many dream of and we would only see once in our lifetime.