Reports emerged on Wednesday evening that famous Indian business leader and chairman emeritus of Tata Sons, Ratan Tata, is in critical condition and being treated at a Mumbai hospital. NDTV reported quoting sources with the direct knowledge that the 86 year-old Tata is in intensive care at the hospital.
This comes days after the former chairman of one of India’s biggest conglomerates took to social media to address reports circulating in the media surrounding his health. On Monday, dismissing the rumours of him being hospitalised after a drop in blood pressure, the Mr Tata called the claims “unfounded.”
In an Instagram post, Ratan Tata shared, clarifying the rumours, that he is undergoing routine medical check-ups due to his age and assured everyone that there is no need for concern.
“I am aware of recent rumours circulating regarding my health and want to assure everyone that these claims are unfounded. I am currently undergoing medical check-ups due to my age and related medical conditions. There is no cause for concern. I remain in good spirits and request that the public and media respect refrain from spreading misinformation,” he wrote on Monday.
Ratan Tata, the industrialist and philanthropist, known for his transformative leadership of Tata Group, one of India’s largest and most respected conglomerates. Born on December 28, 1937, in Mumbai, Tata joined the family business in 1962 and took over as Chairman in 1991. During his tenure, he expanded the group’s global footprint, acquiring prominent brands like Jaguar Land Rover and Tetley Tea, and significantly modernised the group’s business practices.
Beyond business, Ratan Tata is renowned for his commitment to philanthropy. The Tata Trusts, which he oversees, contribute significantly to education, healthcare, and rural development in India. He was instrumental in launching the Tata Nano, aimed at making cars affordable for the masses, and his vision for ethical leadership has made him a respected figure globally.
Ratan Tata stepped down as Chairman in 2012 but remains an influential mentor within the Tata Group and a key voice in Indian industry.