Cyrus Mistry, director of India’s Shapoorji Pallonji Group and former chairman of Tata Sons, was killed today (September 4) in a car accident near Mumbai.
“The accident took place around 3:15 pm, when Mistry was traveling to Mumbai from Ahmedabad. The accident took place on a bridge over the Surya River. It looks like an accident. the local police said.
There were four people in the car. Mistry, along with one other person, died at the scene. The other two were taken to a hospital, police said.
Who was Cyrus Mistry?
Mistry, 54, ran the Tata group, one of India’s largest business conglomerates, between 2012 and 2014.
He was the youngest son of business tycoon Pallonji Mistry. Mistry began his tenure with Tata in 2006 at the age of 38, taking over from his father, who retired from the company’s board.
In 2011, he was appointed Vice President of Tata Sons, eventually succeeding then boss Ratan Tata, who was about to retire.
However, Mistry’s tenure ended abruptly in October 2016, after a long period of corporate intrigue and bad blood. He was replaced by N Chandrasekaran.
A “great loss” for Indian trade and industry
Condolences poured in as news of Mistry’s passing broke.
Prime Minister Narendra Modi called it a “great loss” for the world of commerce and industry.
The late businessman’s friends and fellow industrialists called the tragedy “hard to digest” and referred to Mistry as a “man of substance”.
“I got to know Cyrus well during his all-too-brief tenure as head of the House of Tata. I was convinced he was destined for greatness. If life had other plans for him, so be it, but life itself shouldn’t have been given to him.” raptured. Om Shanti”, said industrialist Anand Mahindra.