Ratan Tata shaped landscape of Indian business, philanthropy: FICCI

The Federation of Indian Chambers of Commerce and Industry (FICCI) has said the demise of Ratan Naval Tata leaves behind a legacy that has indelibly shaped the landscape of Indian business and philanthropy.

In a press statement, the industry body said bestowed with Padma Bhushan and Padma Vibhushan, among numerous other prestigious awards, Ratan Tata’s contribution was all-encompassing with special contributions in entrepreneurship, startups and corporate social responsibility. His receipt of an honorary knighthood (GBE) from the UK in 2014 underscored his global stature. His strategic acumen was matched by his dedication to ethical business practices, it stated.

Remembering Ratan Tata's enduring impact, the FICCI president, Dr Anish Shah, said: "FICCI remembers Mr Ratan Tata not just as a successful businessman but as a role model who embodied the values of integrity, humility, and social responsibility. His vision of ethical capitalism and his efforts to use business as a force for societal good have inspired generations of entrepreneurs and corporate leaders."

"The loss of Ratan Tata leaves a void in the Indian business community that will be hard to fill. FICCI extends its deepest condolences to his bereaved family and friends," he added.