Tata Group chairman Ratan N Tata also expressed condolences. "Balasaheb Thackeray was a strong leader of his people - respected and admired by many. He was outspoken but driven by his principles," Tata said in a statement.
Industry chamber CII's director general Chandrajit Banerjee said: "It is unfortunate that the country has lost a great leader. He had known many industry leaders well and everyone acknowledges his contribution."
(With IANS and PTI inputs)