Jamsetji Tata -- father of Indian industry and the founder of Tata Group

Mar 3, 2021 By: Vaamanaa Sethi Credit: Tata

Jamsetji Tata, who is often known as father of Indian industry,...

...began his entrepreneurial journey with textile mill in 1870s. Credit: Tata

Today, March 3, is the 182nd birth anniversary of Jamsetji Tata.

He graduated from Elphinstone College in Mumbai in 1858.

India’s former PM Jawaharlal Nehru referred to him as ‘one-man planning commission’ in the world of industry.

He was the founder of Tata group.

Currently, Tata group is running a total of 31 companies across ten industries, globally.

He had four goals in life:

setting up an iron and steel company, building a leading edge educational institution, a fine-class hotel and a hydro-electric plant. Credit: Tata

He could only realise one of his goals i.e building a hotel.

In 1903, he inaugurated the first luxury hotel in India named as Taj Mahal Hotel in Mumbai.

His successors made his remaining three wishes come true —

Tata Steel -- one of Asia’s largest steel companies.Indian Institute of Science -- An eminent institution of science and engineering in Bengaluru.Tata Power -- one of India’s largest electricity providers Credit: Tata

Inspired by the Swadeshi Movement, Tata set up a cotton mill in Bombay named as Swadeshi Mill...

...with the objective of producing the finest quality of cotton cloth to reduce the number of imports.

Tata played a major role in developing small cities like Nagpur,...

...Ahmedabad and Jamshedpur by setting up his factories. Credit: Tata

Sakchi village, where Tata Steel plant was set up in Jharkhand, is now called Jamshedpur, in memory of him.

The railway station Tatanagar, in Jamshedpur, is named after him.

Natarajan Chandrasekaran is presently the chairman of Tata Sons Pvt. Ltd, the parent company of Tata Group.

OYO’s Ritesh Agarwal and Future Group’s Kishore Biyani did not make the cut this year to be among India’s richest billionaires