LEGACY OF TATA
It might seem just like the gangs of Wassepur but the story of TATAs has much less bloodshed. It all began 200 years ago, in 1822, a son of a priest in a Parsi family was born named Nusserwanji Tata.
Ambitious Nusserwan goes to Bombay in search of work at the very young age of 20 with his wife and son. He organized a cotton export business and spent all the revenue on his son's education. Continuing the legacy, in about 1858, his son, Jamsetji Tata was exported to Hong Kong for expansion of the textile business with his wife and son. And guess what, he was also 20 years old. Sharing the same ambitions as his father, he traveled to 3 different continents for the global expansion of business. He became the father of Indian industries by opening several cotton mills in India with the first-ever Steel factory and launched the first ever 5-star hotel in India: THE TAJ. His main motive behind his work was to create a friendly and motivating environment for people to work. He started giving pensions to employees and organized various events like sports day to influence the employees. But he died on 1904, having some unfulfilled dreams which were fulfilled by his son Dorabji Tata.
1. HYDROELECTRIC PLANT:- the visionary Jamsetji Nusserwanji Tata, resolved to provide pollution-free, clean power to Mumbai, a city that was choking on fumes of the boilers of textile mills. He dreamed of, and inspired, the setting up of one of the first hydroelectric power plants in the Western Ghats, with a hydel dam that would harness the power of flowing water to create electricity. Formerly known as Tata Electric, Tata Power has pioneered technology adoption in the utility sector with many firsts to its credit including setting up one of India's first hydroelectric power stations in 1915. Sustainability being a core philosophy, Tata Power leads the industry in clean and sustainable solutions for customers and the community.
2. EDUCATION INSTITUTE:- The Tata Institute of Social Sciences (TISS) was established in 1936 as the Sir Dorabji Tata Graduate School of Social Work. In 1944, it was renamed the Tata Institute of Social Sciences. The year 1964 was an important landmark in the history of the Institute when it was declared Deemed to be a University under Section 3 of the University Grants Commission Act (UGC), 1956.
3. 5-STAR HOTEL:- the Taj Mahal Palace, a hotel in Mumbai (formerly called Bombay) overlooking the Arabian Sea, on 16 December 1903. It was the first Taj property and the first Taj hotel.
Dorabji Tata created the first ever steel plant in 1910 which helped in WORLD WAR ONE as the Britishers commented "TATA steel saved us" because of its fine quality. He incorporated the company in 1938 and then Tata was given to JAHANGIR RATAN TATA. He was a French pilot who founded the first Indian airline, Tata Air Lines, which was eventually renamed AIR India. However, due to the nationalistic act that occurred after independence, he lost ownership but remained the leader of Air India. The first Tata motor product, locomotors that ran on certain types of rails, was produced in 1945. He founded the first Tata Consultancy Service, which is the country's second-largest employer to this day. During his 52-year reign, he established a variety of industries, including salt, electricity, and even cancer treatment centers. But to revive the ancient business of Empress mill set by Jamsetji Tata his grandson was invited to the company. But the main point is, that he was also 20 years old. The grandson is the well-known RATAN TATA. Ratan Tata revived various downfalling businesses like NELCO a radio producing company under TATA companies. The management was impressed by his business sense and made him the chairman on 1991. AND THAT'S HOW THE KING GOT HIS KINGDOM AFTER PROVING ITS WORTH. Currently, NATARAJAN CHANDRASEKARAN is Chairman of the Board of Tata Sons, the holding company and promoter of more than 100 Tata operating companies with aggregate annual revenues of more than US $100 billion.
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