Crowds of mourners gathered in India’s financial capital, Mumbai, on Thursday for the funeral of industrialist Ratan Tata, hailed as a “titan” who led one of the country’s largest conglomerates.
Tata, who died aged 86 on Wednesday, transformed the Tata Group into a vast international enterprise, with a portfolio ranging from software to sports cars.
His 2008 decision to acquire Britain’s loss-making Jaguar and Land Rover carmakers for $2.3 billion burnished his reputation, as the Tata Group successfully restructured both brands and returned them to profit the following year.
The Tata Group said his philanthropic work “touched the lives of millions.”“From education to healthcare, his initiatives have left a deep-rooted legacy that will benefit generations to come,” the company added.
Indian Prime Minister Narendra Modi called Tata “a visionary business leader, a compassionate soul, and an extraordinary human being.”Modi praised Tata for providing “stable leadership to one of India’s oldest and most prestigious business houses.
”AFP..
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