Ratan Tata, a former chairman of India’s oldest conglomerate – as well Tata Steel and Jaguar Land Rover, has died at a Mumbai hospital at the age of 86.

Tata Sons chairman N Chandrasekaran confirmed Mr Tata’s death and described him as his “friend, mentor, and guide” in a statement.

Mr Tata was admitted to the Breach Candy Hospital in south Mumbai this week.

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Indian prime minister Narendra Modi described Mr Tata as a visionary leader, a compassionate and an extraordinary human being.

“He provided stable leadership to one of India’s oldest and most prestigious business houses. At the same time, his contribution went far beyond boardrooms,” Mr Modi said on X.