Siddhartha Mohanty, CEO & MD of Life Insurance Corporation (LIC) of India, paid tribute to Ratan Tata following the news of his passing. In a heartfelt statement, Mohanty acknowledged Tata’s immense contributions to Indian industry and his dedication to upholding the legacy of the Tata Group.

Ratan Tata, the former chairman of Tata Sons, passed away on October 9, 2024, at the age of 86, leaving behind a legacy that shaped India’s industrial landscape. Known for his humility and leadership, his death marks the end of an era for a family that has been at the forefront of India’s business world for generations. As the nation mourns Ratan Tata’s passing, it’s important to reflect on the Tata family’s contributions that have spanned over a century.

“Shri Ratan Tata, an icon of Indian industry and a global figure of benevolence and vision, dedicated his life to transforming the Tata legacy into a powerhouse of ethical business practices, innovation, and philanthropy,” said Mohanty. He highlighted how Tata’s leadership left an indelible mark on industries across the globe and created a legacy that will continue to inspire future generations.

LIC extended its deepest condolences to Tata’s family, friends, and the countless individuals whose lives he touched, noting that while his loss leaves a void, his spirit will remain a source of inspiration for all.

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