‘A void hard to fill,’ FICCI mourns the demise of industry titan Ratan Tata

FICCI on Ratan Tata: The Federation of Indian Chambers of Commerce and Industry (FICCI) has expressed grief over the passing of Ratan Tata, the Indian industrialist and philanthropist. Tata’s death marks the end of an era for Indian business, leaving behind a legacy that will be remembered for generations, the industry body noted in its official statement.

“The loss of Mr Ratan Tata leaves a void in the Indian business community that will be hard to fill,” wrote FICCI. 

“Mr Tata, who was Chairman Emeritus of Tata Sons, was a philanthropist par excellence. Under his leadership he ensured that resources are put into critical areas such as education, healthcare, and rural development, touching millions of lives across India. His personal investments in startups and mentoring of young entrepreneurs in his later years further demonstrated his commitment to fostering innovation and entrepreneurship in the country,” said FICCI. 

Anish Shah, President of FICCI, described Tata as a role model who epitomised integrity, humility, and ethical business practices. "His vision of ethical capitalism and his efforts to use business for societal good have inspired generations of entrepreneurs and corporate leaders," he said.

Ratan Tata’s achievements earned him some of the nation’s highest honours, including the Padma Bhushan and Padma Vibhushan. His influence extended internationally, marked by his receipt of an honorary knighthood (GBE) from the United Kingdom in 2014.