Former Tata Sons chairman Cyrus Mistry was on Sunday killed in a road accident after his car hit a divider in Maharashtra's Palghar district neighbouring Mumbai, a senior police officer said.
He was 54.
Mistry was travelling from Ahmedabad to Mumbai in a Mercedes car, he said.
Condolences have started pouring in from several quarters.
"Saddened by the tragic news of the demise of former Chairman of Tata Sons, Cyrus Mistry. He was amongst the brightest business minds of the country, who made a significant contribution to India’s growth story. My heartfelt condolences to his family, friends and admirers," Congress leader Rahul Gandhi tweeted.
Prime Minister Narendra Modi posted, "The untimely demise of Shri Cyrus Mistry is shocking. He was a promising business leader who believed in India’s economic prowess. His passing away is a big loss to the world of commerce and industry. Condolences to his family and friends. May his soul rest in peace."
Industrialist Harsh Goenka added, "So sad to hear of the shocking news of the passing away of #CyrusMistry in an accident. He was a friend, a gentleman, a man of substance. He was instrumental in creating the global construction giant Shapoorji Pallonji and ably led the Tata group."
The official account of the working president of Telangana Rashtriya Samiti wrote, "Shocked totally! One of the most humble, dignified & nice humans who I’ve had the pleasure of being a friend over the last 8 years; Cyrus Mistry is no more! Rest in peace Cyrus. Yet another good soul Gone too soon"
Noted cricket commentator Harsha Bhogle posted, "I only met Cyrus Mistry once. He was all dignity and class. Can't believe he is gone."
NCP MP Supriya Sule wrote, "Devastating News My Brother Cyrus Mistry passed away. Can’t believe it. Rest in Peace Cyrus."
Union minister Nitin Gadkari wrote, "Deeply saddened to know about the unfortunate demise of Ex-Chairman of Tata Sons, Cyrus Mistry Ji in a road accident near Palghar, Maharashtra. Sincerest condolences to his family members. May he Rest In Peace. Om Shanti."
Shiv Sena scion Aaditya Thackeray posted, "Shocked to hear about the demise of Cyrus Mistry ji. May god give strength to his family to bear this loss. India lost a young, fine businessman today. Om Shaanti"