London . India’s eminent industrialist Ratan Naval Tata passed away, there has been a wave of mourning on his death not only in India but also at the international level. Ratan Tata created a unique identity in his business career and received many awards. The news of his demise has been prominently published in leading newspapers of India as well as Pakistan, America and Britain.
The Pakistani newspaper wrote that Ratan Tata established a strong and huge Indian conglomerate on the global stage through several high-profile acquisitions. His hard work successfully carried forward the family legacy.
British newspaper headlines Ratan Tata’s death: Billionaire Jaguar, Land Rover and Tetley tycoon Ratan Tata dies at 86. The newspaper reported that Ratan Tata was one of India’s most internationally recognized businessmen. Tata Group, which owns Jaguar and Land Rover, has annual revenues of more than $100 billion.
The American newspaper reported that Ratan Tata increased the profits 50 times while being the chairman and chief executive of the company from 1991 to 2012. Ratan Tata was born in 1937 into a Parsi family and received a bachelor’s degree from Cornell University. Returning to India in 1962, he took over his family’s company, which was founded by his great-grandfather Jamsetji Tata in 1868.
Media groups in the Arab world have called Ratan Tata an industry legend and national icon. The newspaper wrote that Ratan Tata was a licensed pilot and was famous for his calm demeanor and restrained lifestyle. The Bangladeshi newspaper described him as one of India’s most respected business luminaries, who profoundly influenced the Indian economy by transforming his family enterprise into a global conglomerate.