It is with great sadness that we learnt of the announcement of the passing of Shri Ratan Tata ji, a dear friend and Honorary Fellow of LSE, who passed away peacefully at the age of 86 on 9 October. He was the most steadfast of friends; attentive, caring, a man of deep compassion and humility.
Ratan Tata was a leading philanthropist in India, deeply committed to education, medicine and rural development. A visionary leader, he served as the chairman of Tata Group and Tata Sons from 1991 to 2012 and held the position of interim chairman from October 2016 to February 2017. Tata once said: “Leadership is not about being in charge, it is about taking care of those in your charge.” And a real leader he was: this quality, along with courage and solidarity with his employees, was exemplified in the terrorist attacks on the Taj Mahal Hotel in Mumbai in November 2008, when he went straight to the hotel and stayed there for the ensuing days of the terrorist occupation.
His investments in these areas have touched millions of lives, reinforcing the Tata Group’s tradition of corporate social responsibility. As Peter Casey, author of The Story of Tata, noted, the ethos of the company “yokes capitalism to philanthropy, by doing business in ways that make the lives of others better”. This guiding principle has inspired the Tata Trusts and the family for over a century, underscoring their dedication to social causes and community upliftment. Tata embodied this ethos, as we can see by the enduring impact of his philanthropy at LSE and elsewhere.
In 2007, Tata became an Honorary Fellow of LSE for his outstanding contribution to the School and its community. Tata was an avid advocate for LSE in India and globally, serving dutifully for many years on the LSE-India Advisory Board. We are immensely grateful for his support and exemplary guidance. Over several decades, Tata enthusiastically maintained and deepened a partnership between LSE and the Tata Trust which first began over a century ago when LSE founders Beatrice and Sidney Webb visited India in 1912 and met Tata’s grandfather, Sir Ratan Tata.
Tata’s commitment to education was exemplified by the establishment of the Sir Ratan Tata Post-doctoral Fellowship in 1997, based in the LSE India Observatory. This Fellowship has supported more than 20 early career post-doctoral researchers to engage in six months of impactful social science research on economic and social development in India and South Asia.
In recognition of his contributions, Ratan Tata received the ‘Padma Bhushan’ in 2000 and the ‘Padma Vibhushan’ in 2008, the third and second highest civilian honours awarded by the Government of India, respectively. He also received various state civilian honours, including the ‘Maharashtra Bhushan’ in 2006 for his work in public administration in Maharashtra, and ‘Assam Baibhav’ in 2021 for his contributions to cancer care in Assam.
Ratan Tata was one of the truly great citizens of the world. His loss is profound, not only for India but for all who knew him or were touched by his work. His legacy will continue to inspire future generations of leaders and philanthropists, and LSE will be honoured to continue to celebrate the impact of his partnership and support.
With thanks to Professor Lord Nicholas Stern, Co-Chair of the India Observatory, for sharing this tribute.