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Jamshed Ji Tata

Jamsetji Nusserwanji Tata, a noted philanthropist was born in Navsari, Gujarat on March 3, 1839. Jamsetji Tata's father was Nasarwanji Ratanji Tata, a descendent of priestly family and a member of Parsi religion and his mother was Jiverbai Cowasjee Tata. Tata's father opened an export business house in Bombay (now Mumbai). Jamsetji Tata married Berabai in 1855 when he was 13 years of age. They had three children but their daughter died at the age of 12. The two sons were Ratan Jamsetji Tata and Sir Dorabij Jamsetji Tata.

Tata was immensely renowned for his willingness to adopt to the innovations and utilize them not only for enhancing the effectiveness of his business as well as for improving the lives of Indian people. He was the first man of the country to use rubber tires for his carriage and the first one to drive an automobile in Bombay. His business acumen are renowned globally. He was a businessman who was known for incredible business methodology that included first introducing a keen insight and broad imagination, then calculating and studying the project and finally appointing a high capacity for the project's organization.

Expansion of Tata and Company to Asia

Tata was so good at his college, that his college refunded his entire fees. After completing his education, he joined the family business. He moved to Hong Kong in 1859 to open a branch of his family business there and stayed there until 1863. He started expanding his business by establishing extensive business relationships with buyers and other important people. With his diligent efforts, he was eventually able to expand his enterprise by creating its branches in London, New York, Paris, Japan and China.
In 1863, he travelled to England and opened an Indian Bank there. However, this initiative proved unsuccessful and the firm suffered so badly that it had to declare bankruptcy. Tata again came up with a new business initiative in 1871 with the name Central India Spinning, Weaving and Manufacturing Co. Ltd.

The Era of Innovations

Tata went to England again in 1872 to study the cotton industry, especially the Lancashire's cotton mills. After studying the business, he returned to India in order to open his cotton factory at Nagpur in 1877 with the name Empress. Later on, he bought a troubled mill near Bombay and made it profit yielding with his conscientious efforts. He made Tata textile mills to be recognized as the best managed Indian owned factories.

When he observed that the freight charges spent on shipping products between Bombay and branches in Japan & China are very high, he studied the whole scenario created by monopolizing companies in detail, and then knocked the door of the court. He won the case resulting in great decline in the freight charges.

In 1901, he diversified his business and diverted his attention towards Indian iron industry which was not developed at that time. He learned the technicalities and acumen required for making steel. He wanted to refine iron ore to produce steel. Although he passed away before this scheme came into practice but he undoubtedly contributed a lot in marking India's place in the iron and steel industry on the global map.

Visit the Land of Jamsetji Tata

Jamsetji Tata hailed from a Parsi family of Gujarat. His business sense and the way he conducted his business not only for himself but for his country as well is a world renowned fact. If you want to explore the place of Jamsetji Tata, you can visit Gujarat and Navsari where he spent some of his early days. There is a J.N. Tata Memorial Hall named after him in his birth place Navsari, Gujarat.

Death and Legacy

Jamsetji Tata passed away on May 19, 1904. He went, but his name still exists and he will continue to rule the Indian Industries for ever. Today, Tata is one of the prosperous, affluent and well-off organizations not only in India but in the entire world.

He was a pioneer of the industrial world and his aim & vision came to life slowly and gradually as his family fulfilled his dreams in one of the most effectual manners. He always supported innovation and change.

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