Ratan Tata: Why Indians love the business tycoon

In a nation of more than 140 crore people, there have been few businessmen with greater clout than Ratan Tata.Ratan Tata, 86, stands out as a prominent business tycoon and philanthropist whose success story has profoundly impacted India’s economy. Often described as shy and a loner, Ratan Tata, one of India’s most internationally-recognised business leaders, served as the chairman of ‘Tata Group’ for more than two decades when he retired at the age of 75 in 2012.Tata is one veteran industry leader with no massive controversy. Known for his business acumen, vision and strong work ethics, he turned his family business into an international empire. During his tenure, the group’s revenues grew manifold, totalling over $100 billion in 2011-12.On Monday, social media users panicked following news that Ratan Tata was ‘rushed’ to Mumbai’s Breach Candy Hospital. While prayers poured in, the business icon clarified there was no “cause for concern” as he is undergoing check ups for…