There would be no denial in saying that Tata Group is termed as first business group in India. The full credit of starting the Tata Group goes to Jamsetji Tata. His vision at that time encouraged him to start Tata Group. Due to his contribution in business, Jamsetji is known as ‘Father of Indian industry’. Let’s have a look on the life and work of Jamsetji Tata.
Jamsetji Nusserwanji Tata was born in 1839 in Navsari, Gujarat. His parents name was Nusserwanji Tata and Jeevanbai Tata. Nusserwanji shifted his base to Bombay for his business.
After coming to Bombay, Nusserwanji started with small to medium businesses. Jamsetji was observing his parents hardwork and his father’s excitement for business.
Jamsetji completed his graduation from Elphinstone College, Mumbai. Observing his intelligence, his principal returned his already paid education fees.
Jamsetji Tata entered into business at the age of 14. He played the dual role of completing his education while running his business. He was successful on both the fronts.
Child marriage was prominent at that time. At 16 years of age, he got married to Hirabai Daboo who was six years younger to him.
Jamsetji started working in his father’s business in the year 1858. At that time, India was under British rule struggling under their atrocities. However, Jamsetji kept going on.
Jamsetji Tata started export trading business in Mumbai while he travelled to England, America, Europe, China and Japan to expand his father’s business.
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Jamsetji Tata has seen four dreams in his life. They were starting a steel company, world class education facility, a magnificent hotel and a hydro-electric plant. Today, Tata Group is at the top position in all the four industries.
Glancing at his life and work, his determination, hardwork, intelligence and vision has been inspiration to youngsters today. Starting from scratch and making it big later, is certainly a motivation to budding entrepreneurs.