Mumbai : Ratan Naval , the honorary chairman of Tata Sons, passed away at the age of 86. The news of his demise was announced late on Wednesday night. He was undergoing treatment at the intensive care unit (ICU) of Breach Candy Hospital in Mumbai due to age-related ailments.

His mortal remains were taken to his residence around 2 AM on Thursday. Maharashtra Chief Minister Eknath Shinde announced that Tata will be given a state funeral.

His relatives have informed that Tata’s body will be kept at the National Centre for the Performing Arts in South Mumbai from 10 AM to 4 PM on Thursday for public viewing.

In 2008, Ratan Tata was awarded India’s second-highest civilian honor, the Padma Vibhushan. Earlier, in 2000, he was conferred with the Padma Bhushan.

N. Chandrasekaran, Chairman of Tata Sons, expressed deep sorrow over Tata’s passing, saying, “We are deeply saddened to lose Ratan Tata. For the group, Tata was much more than a chairman. For me, he was a mentor, a guide, and a friend.”

Tributes from World Leaders and Business Tycoons:

• President Murmu: “India has lost an icon who blended nation-building and excellence with ethics along with corporate growth.”
• Narendra Modi: “Tata was a visionary business leader, a compassionate soul, and an extraordinary individual.”
• Rahul Gandhi: “Ratan Tata was a visionary. He left an indelible impact on both business and philanthropy.”
• Gautam Adani: “India has lost a great and visionary man. Tata redefined the path of modern India.”
• Anand Mahindra: “I cannot accept the absence of Ratan Tata.”
• Sundar Pichai: “My last meeting with Ratan Tata was inspiring to hear his vision.”