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Ratan Tata, Visionary Leader of Tata Group, Dies at 86. His leadership and vision were instrumental in transforming the Tata Group into a global powerhouse. Tata’s most notable global accomplishments include the 2008 acquisition of Jaguar Land Rover from Ford and Tata Steel’s $12.1 billion purchase of Corus in 2007, establishing the conglomerate on the international stage. The Tata Group praised Tata as a "truly uncommon leader" who left a profound impact not just on the company but on India as a whole, significantly influencing the nation's industrial landscape. Indian Prime Minister Narendra Modi described Tata as a "visionary business leader," acknowledging his role in providing stable leadership to one of India's oldest and most respected companies. Born in 1937 to a Parsi family, Tata graduated from Cornell University before joining the family business in 1962. The Tata Group, founded by his great-grandfather in 1868, has been instrumental in shaping India's industrial base. Under Tata’s leadership, the group expanded internationally while maintaining a strong philanthropic tradition. He highlighted the family’s focus on creating industries that benefited the nation and supporting them through charitable contributions. Tata took the helm in 1991, coinciding with India’s economic liberalization. He led the group’s global expansion as the country opened its economy to the world. The Tata Group’s acquisition of British tea brand Tetley in 2000 and subsequent high-profile deals solidified its position as a global business entity. After retiring as group chairman in 2012, Tata continued his work as chairman emeritus of Tata Sons and dedicated himself to causes such as improving the welfare of India’s stray animals. Ratan Tata’s passing marks the end of a remarkable journey for a leader who shaped not only the Tata Group but also played a significant role in modernizing India’s economy.
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