How was the Tata company created?

Jamsedji Tata came to Mumbai from a small village in Gujarat with his father’s hand to fulfill his dream. Who is called Father of Indian Industry. Today, more than 150 companies in more than 100 countries around the world manufacture Tata products and more than 700 million people use them. From table salt, to house building rods, from body clothing, to expensive cars, there is no human need that money has not yet created. But this huge empire of Tata was not built in 2-1 days, it took almost 200 years to build. As the saying goes, no success comes without hard work, so Nusarbanji Tata was born 200 years ago in 1822 in a town called Nafsari in Gujarat in a Parsib family. Since childhood, this person had a desire to do something. To fulfill that desire, he moved to Mumbai with his family at the age of twenty. Married at a young age, he also had a wife and son. And that little boy’s name is Jamshedji Tata. Jamsedji Tata was born on 3rd March 1839. And at the age of 14, he joined his father in the cotton business. After coming to Mumbai, Muslimji started cotton business. Nusarbanji Ji Tata Jamshedji was gradually growing up. Nusarbanji Tata Jamshedji wanted to educate Tata in higher education. That is why his father admitted him to Infinstone College. While studying in college, Jamshed Tata married a girl named Hira Bai. And in 1958 he passed the green scholar or graduate degree. He then joined his father’s business fully. He managed his father’s business till the age of 29 years. But his dreams were much bigger. That’s why he started a trading company with his own savings of twenty one thousand rupees. And from here a new chapter in the history of India begins. The British had just brutally suppressed the rebellion of 1857. Just 10 years later in 1868, Jamshedji Tata bought an old oil factory and turned it into an oil factory. Alexander Mill named this factory. After only two years he sold the mill and made a huge profit.(How was the Tata company created?)

How did Jamsedji Tata build the Empiris mill?(How was the Tata company created?)

In 1974, he built a cotton factory in Nagpur with that profit. At that time Queen Victoria of England received the title of Empress of India. At this time Jamshed G named the mill as Empires Mill. At that time it was the largest company created by Jamshedji Tata. But building this company with his own hands was not so easy. At that time, Mumbai was called the textile city due to the presence of large cotton men in Mumbai. When Jamshedji Tata announced that he would leave Mumbai and set up a company in Nagpur, it seemed foolish to everyone. No one wanted to invest money in this company at that time but Jamshedji’s thinking was very different from other people. He chose Nagpur mainly for three reasons. Carpus production was very good in the area around here. Next to it was the railway junction. And here a large amount of water ie fuel was available. In 1874, Jamshedji Tata did something that made Indians very proud. During this time he created a company named Central India Spinning Weaving and Manufacturing. It was the first company created by an Indian whose shares were traded on the Mumbai Stock Exchange. This later became famous as the Empiris Mill. At that time the mod budget of this company was 5 lakh rupees. Out of which Tata invests 1 lakh 50 thousand rupees. That is why Data was made the managing director of this company. With the creation of mills, many people get earning opportunities. And Jamshedji Tata is known to all public as a great man.(How was the Tata company created?)

How did Jamshedji Tata start his business life?(How was the Tata company created?)

At the beginning of his business career, Jamshedji Tata faced a huge financial shock. His business partner Prem Chandra Roy Chandra has to sell all his house and land to pay off his debts. Besides, in 1887, he used all his savings to buy a Swadeshi mill. He fell into dire financial straits. But still he did not break down. Finally he came out of all the crisis and became a famous name. Jamshedji was a different kind of man altogether. He created different facilities for the workers working in his factories. These facilities were not introduced in any other country in the world at that time. During this time the workers of these mills were trained to work. In this meeting, he first introduced the eight-hour work rule for workers. Provide ventilation in the work place. Introduced pension system for workers. He was the first to introduce financial assistance for the treatment of accidents or diseases. He was the first to introduce leave system for mill workers. The main reason for introducing these facilities was that he considered his mill workers as his own family. Jamshedji Tata’s three biggest dreams were to open a steel or iron factory, to advance Indians by setting up a world-renowned educational institution, or to build a hydroelectric plant. But one of these three dreams was not fulfilled during his lifetime. But he kept building the road to fulfill this dream. Also he had another dream that is to establish Taj Hotel. It was built in 1903 at a cost of Rs 4 crore 21 lakh. But now this money is worth hundreds of crores of rupees.(How was the Tata company created?)

What was the story behind the creation of the Taj Hotel?(How was the Tata company created?)

There is a great story behind the creation of this hotel. One day Jamshedji Tata entered one of the most expensive hotels in Mumbai. Entering here, he became a victim of racism. He was thrown out of the hotel, after this terrible humiliation he built the largest hotel in India. It was the only building in Mumbai that had electricity, American fans, Armani German elevators and employed English cooks. After that, Jamsedji’s health gradually started to deteriorate. This great man breathed his last in 1904 in Germany.(How was the Tata company created?)

How did Jamshedji Tata’s dream come true?(How was the Tata company created?)

Then his son Torabji Tata Jamsedji decided to fulfill the three unfulfilled dreams that he had dreamed of. By 1910, Tata Steel Plant was built. And steel production begins. Within a few days, the First World War began. The British needed large quantities of iron to make battle tanks. They use Tata Steel to make tanks, to make tools, to make railway tracks. And Tata became India’s largest steel factory. Torab G. Tata managed the company till 1938. After which his distant relative brother Jahangir Ratanji Dadabhai took charge of the Tata company. Who we know as J R D Tata. J R D Tata grew up in France. And he was a pilot there. Coming to India, he created the Tata Air Lines Company. It was the first airline company in India. Later it was renamed as Indian Air Lines. Before independence, the size of the Tata company became huge. But after independence an incident happened which became dangerous for Tata. After independence, Jawaharlal Nehru nationalized the country’s major water and education facilities, meaning that the government would control them. Tata Airlines has been nationalized. JRD Tata collapsed after this incident. He is made the leader of the company from the owner, that is, despite being the owner, he has to work as an employee of the company. Now many people think that Indian Airlines has been sold by the Indian government. But Indian Airlines was never owned by the Government of India. Tata created this company. The Indian government only nationalized this company. Apart from airlines, J R D Tata started expanding the company into various sectors.
In 1945, Tata Motors produced the first locomotive engine. In 1968, Tata Consultancy Services created TCS. Which works on electronics data processing. And created cancer research and treatment center for the whole world. After that Tata started manufacturing everything from salt business to electronics. J R D Tata was in charge of the Tata Company for a total of 52 years. And within this period, Atla created 95 different companies within Tata. Earlier, Tata had bought an American company called Nilko at a cost of $116 billion. The company made its own radios.(How was the Tata company created?)

How did Ratan Tata gradually begin to take responsibility?(How was the Tata company created?)

But slowly this Nilko company started sinking and the responsibility of this sinking company was given to Ratan Tata. He was working as a laborer in Tata Company since 1962. But in 1971, he was given the responsibility to stop making radios and start providing satellite communication services to Nilko. Nilko’s wheels turn. In just three years in 1975, Nilko’s market share went from two percent to 20%. It was at this time that Emergency was declared in India. Which has bad effect on Nilko. And this company was closed. Similarly, the responsibility of MPs Mill is given to this Ratan. He saved this match on the bus. But everything goes wrong again due to emergency. But within this period, Ratan Tara proved his worth. For this reason, in 1991, senior management made Ata the chairman of the group. After Ratan Tata became the Chairman, Tata Industries began to grow rapidly. It bought Tetley Tea, a tea company in England, for $12 billion. 11. Iron company named Corus is famous as Europe’s steel child. He bought it with 3 billion dollars. Europe’s Jagurd buys Land Rover for $2.3 billion. Ratan Tata launched the 2011 Tata Nano for the common people of India. But Tata Nano flopped due to marketing strategy not being right. Currently, Tata has around 150 companies manufacturing products in more than 100 countries across the globe. But despite being such a huge company, Tata ranks 421 in the list of the world’s richest people. This is because 66 percent of Tata’s income is donated through Tata Trusts. That’s why Ratan Tata is considered by many to be God’s messenger because he is not in the rich list. To honor Jamshedji Tata, Governor General of India Lord James Ford renamed the city of Saxi to Jamshedpur in 1919. The dream that Jamshedji Tata saw 200 years ago holding Nusarbanji Tata’s hand has been fulfilled long ago. No other company in India can ever reach where Tata Group is now. Tata Group is called the backbone of India for its selfless contribution in moving the country forward.(How was the Tata company created?)