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At the age of 86, one of the most adored Indian businessmen and the former chairman of Tata Sons, Ratan Tata, passed away on Wednesday. His audacious purchases made across the globe and his steadfast adherence to moral principles define him. PTC News Desk: The Tata Group, one of India's largest and most influential conglomerates, boasts a vast and diverse portfolio that spans various sectors, including steel, automobiles, information technology, and hospitality.
As Ratan Tata, who led Tata Sons for 22 years, has passed away at the age of 86, attention now turns to the next generation of Tata heirs who are poised to carry on his legacy. Ratan Tata, who never married and had no children, leaves behind a rich lineage within the Tata family, with younger members gradually stepping into significant leadership roles. The question of who will manage this vast empire is crucial, especially in light of Tata's pivotal contributions to the group's success and reputation.
Among the potential successors are Leah Tata, Maya Tata, and Neville Tata, each of whom has begun to make their mark within the organisation. Leah Tata has a robust educational background, having studied at the prestigious IE Business School in Spain. She has been instrumental in the growth of the Indian Hotels Company and Taj Hotels, contributing significantly to the Tata Group's expansion in the hospitality sector.
Leah's involvement in this area has been critical as the group seeks to strengthen its presence in the highly competitive hotel industry. Maya Tata, another key figure, has an impressive educational pedigree, with degrees from Bayes Business School and Warwick University. She has made substantial contributions to the Tata Opportunities Fund and Tata Digital.
Notably, Maya played a crucial role in the launch of the Tata Neu App, demonstrating her strong strategic leadership and commitment to innovation within the group. Neville Tata currently heads Star Bazaar under Trent Limited, showcasing his business acumen and understanding of retail management. Married to Manasi Kirloskar, Neville is seen as a potential future leader within the Tata Group, indicating a promising pathway for the next generation of Tata leadership.
As the Tata Group navigates this transition, the contributions of these young leaders will be essential in maintaining the legacy of Ratan Tata while also adapting to the ever-evolving business landscape. The future of the Tata Group looks bright with these emerging leaders ready to take on the mantle of responsibility. Also Read: Simi Grewal remembers Ratan Tata as a cherished friend: 'It's too hard to bear your loss' - With inputs from agencies.
