Earlier, Tata was given a ceremonial guard of honour by the Mumbai Police after his mortal remains were brought to the crematorium.
Union Home Minister Amit Shah, Maharashtra Chief Minister Eknath Shinde, his deputy Devendra Fadnavis, Gujarat CM Bhupendra Patel and Union Commerce Minister Piyush Goyal were present at the crematorium in central Mumbai.
Shah said Tata (86) would always be remembered as a beacon of patriotism and integrity.
He led the Tata Group with clean corporate governance, adhering to the rules, and made efforts to build a better society through the Tata Trusts, Shah said.
“Ratan Tata Ji’s legacy will continue to guide those who lead the industrial sector of the country for a long time to come,” the senior BJP leader added.
Tata’s mortal remains were kept at the National Centre for Performing Arts (NCPA) in south Mumbai for people to pay respects from 10.30 am to 3.55 pm. Later, they were taken to the crematorium for the last rites.
Tata, credited with transforming the Tata Group into a globally renowned conglomerate, died at the Breach Candy Hospital in Mumbai on Wednesday night.