RBI Governor Shaktikanta Das recently shared his condolences on the passing of veteran industrialist Ratan Tata, recognizing Tata's crucial role in shaping India's self-reliance and acknowledging him as a towering figure in Indian industry whose legacy will continue to inspire generations to come. Das took to social media to express his respect for Tata, emphasizing the industrialist's immense contributions to India's economic growth and industry.
Das, in a heartfelt remembrance of Ratan Tata, highlighted the industrialist's visionary approach and strong commitment to ethical corporate governance. The RBI Governor mentioned Tata's extended tenure on the RBI central board for over 12 years, underscoring the depth of Tata's influence on India's economic landscape and describing him as a significant contributor to the country's development. Das expressed his admiration for Tata's achievements, noting that even one full volume would not suffice to encapsulate the extent of Tata's phenomenal impact on modern India.
Ratan Tata, the former chairman of Tata Sons, passed away at the age of 86, prompting an outpouring of tributes from various quarters. He was known for his visionary leadership that enabled the Tata Group to grow significantly under his stewardship, with acquisitions such as Corus and Jaguar Land Rover marking milestones in the group's expansion. Beyond the traditional industries, Tata diversified the group's operations across various sectors like coffee, cars, salt, software, steel, and power, showcasing a broad footprint in the Indian economy. His legacy also includes the introduction of innovative initiatives such as India’s first super app and ventures into chip manufacturing and iPhone assembly, reflecting his forward-thinking approach and commitment to technological advancements.