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.

Hundreds of people, including corporate leaders, politicians and celebrities, gathered in Mumbai on Thursday to pay their last respects to one of India's most respected business tycoons, Ratan Tata, who died aged 86.

The funeral has taken place in Mumbai of Ratan Tata, the chairman of one of India’s biggest conglomerates, Tata Group, who died on Wednesday aged 86. Business leaders, politicians and celebrities were among thousands of people who paid their last respects at the centre where his body lay in state before being cremated.