Indian Prime Minister Narendra Modi praised Tata as "a visionary business leader", saying he's "extremely pained" by the death. Tata ran the conglomerate for over20 years as chairman.

Ratan Tata, a former chairman of Indian conglomerate Tata Sons, died at a Mumbai hospital on Wednesday night. He was 86. Tata Sons chairman Natarajan Chandrasekaran confirmed Tata's death and described him in a statement as his "friend, mentor, and guide." He did not provide a cause of death.

Tata, who led a business empire while touching numerous facets of Indian life with his philanthropy, died of age-related health complications. He was 86.