Earlier in the week, reports emerged of Ratan Tata being admitted to the hospital, but he quickly reassured the public, stating that he was undergoing routine medical check-ups due to age-related health concerns.
Must Read: Ratan Tata’s Remarkable Journey: Legacy of Leadership and a Billion-Dollar Net Worth
However, concerns heightened as his condition reportedly worsened. On Monday, Tata addressed the rumors about his health on social media, stating, “There is no cause for concern. I remain in good spirits.” He emphasized that his medical evaluations were routine and urged the public and media to avoid spreading misinformation.
Ratan Tata was a prominent figure in Indian industry, having taken over as chairman of Tata Sons in 1991. During his tenure, he transformed the Tata Group from a predominantly domestic company into a global powerhouse, acquiring major international brands such as Tetley, Corus, and Jaguar Land Rover.
Under his leadership, Tata Group grew into a global business empire valued at over $100 billion. Tata retired in December 2012, with Cyrus Mistry succeeding him as chairman. Mistry tragically passed away in a car accident in 2022.