Veteran industrialist Ratan Tata was on Saturday conferred the first-ever ‘Udyog Ratna’ award instituted by the Maharashtra government.

The award was presented to the 85-year-old chairman emeritus of Tata Sons by Chief Minister Eknath Shinde and Deputy CMs Devendra Fadnavis and Ajit Pawar at the industrialist’s home in Colaba, south Mumbai.