According to Maharashtra police, Cyrus Mistry, an Indian scion of one of the most illustrious empires in the nation, passed away in a car accident on a motorway close to Mumbai on Sunday.
According to Shrikant Shinde, a Maharashtra police official, Mistry, 54, was one of two people who perished when the automobile they were riding in hit a barrier between two lanes.
He stated that two further passengers in the car were hurt and sent to the hospital.
According to Pradeep Dhodhi, a medical official for the Palghar district, autopsies on the two deceased would be performed at a hospital in Mumbai.
The most prominent role played by Mistry was that of Tata Sons’ former chairman, a sizable Indian conglomerate that owned Jaguar, Land Rover, and the Taj hotels.
As the former chairman of Tata Sons, the sizable Indian conglomerate that controlled Jaguar, Land Rover, and the Taj hotels, Mistry was best known.
When the Irish-Indian billionaire was named as Tata’s successor in 2011, he made news since he was the first person who wasn’t related to the Tata family to lead the organisation that bears their name.
Mistry’s family held a sizable portion of the Mumbai-based conglomerate, which manages elite businesses in a number of different industries.
A rapid corporate restructuring in 2016 resulted in Mistry’s replacement, forcing former Chairman Ratan Tata to leave retirement and take interim control of the company. The removal of Mistry led to a sour public dispute between the board of the organisation and the former chairman.
Before joining Tata, Mistry was best known for being the son of billionaire Indian builder Pallonji Mistry and serving as the CEO of Shapoorji Pallonji Group, a significant construction firm that was in charge of building stadiums and buildings all over India.
Tata Sons Chairman Natarajan Chandrasekaran expressed his “deep sadness” at Mr. Cyrus Mistry’s abrupt and untimely death in a statement that was shared with CNN Business on Monday.
“It is terrible that he died at such a young age because he had a passion for life. My sincere condolences and prayers are with his family during this trying time.”
Over the weekend, several commercial and political heavyweights also reacted in amazement and offered their sympathies on social media.
“It’s terrible that Shri Cyrus Mistry passed away so suddenly. The Indian Prime Minister Narendra Modi tweeted that the man was a potential businessman who had faith in India’s economic might. “The business and industrial world has suffered a great loss with his passing.”
The richest man in the nation, Gautam Adani, expressed his astonishment and sadness over the passing.
He was one of the best business minds of his time and one of the finest individuals I have ever known. This loss is tragic. He tweeted, “He was called away too soon. His family is in my prayers and thoughts.