Cyrus Mistry,died in a road accident on a highway near Mumbai on Sunday, according to Maharashtra police.

Mistry, 54, was one of two people who died when the car they were traveling in hit a barrier between two lanes, according to Shrikant Shinde,

Two other people in the vehicle were injured and taken to hospital, he added.

Two other people in the vehicle were injured and taken to hospital, he added.

Autopsies would be carried out on the two deceased at a hospital in Mumbai, said Pradeep Dhodhi, a Palghar district medical official.

Mistry is best known as the former chairman of Tata Sons,

Mistry is best known as the former chairman of Tata Sons,

The massive Indian conglomerate that owned Jaguar, Land Rover and the Taj hotels.

The massive Indian conglomerate that owned Jaguar, Land Rover and the Taj hotels.

The Irish-Indian businessman made headlines in 2011 when he was announced as Tata's chosen successor,

Became the first person not directly related to the Tata family to head the company bearing their name.