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 officer, Mistry, 54, was one of two persons who perished after 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 officer for the Palghar district, autopsies on the two deceased will be performed at a hospital in Mumbai.
Mistry was best known as the former chairman of Tata Sons, the massive Indian conglomerate that owned Jaguar, Land Rover and the Taj hotels.
The Irish-Indian businessman made headlines in 2011 when he was announced as Tata’s chosen successor, and became the first person not directly related to the Tata family to head the company bearing their name.
Mistry’s family held a sizable portion of the Mumbai-based conglomerate, which manages elite businesses in a number of different industries.
Tata Sons’ recently appointed Cyrus P. Mistry, shown here in Mumbai, is the company’s deputy chairman.
Who will succeed Tata? This is a Mistry
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 organization 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 across India.
“He had a passion for life and it is really tragic that he passed away at such a young age. My deepest condolences and prayers for his family in these difficult times.”
Other business and government leaders also reacted with shock over the weekend, taking to social media to express their condolences.
“The untimely demise of Shri Cyrus Mistry is shocking. He was a promising business leader who believed in India’s economic prowess,” Indian Prime Minister Narendra Modi tweeted. “His passing away is a big loss to the world of commerce and industry.”
Gautam Adani, the country’s richest man, also said he was “shocked and saddened to hear of the passing.”
“One of the finest gentlemen I have known, he was one of the best business minds of his generation. It is a tragic loss. He was called away too soon,” he wrote on Twitter. My thoughts and prayers are with his family.”