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On the 3rd of March Nitin Gadkari Pays homage to Indian business pioneer Jamsetji Tata on his birth anniversary.
Jamsetji Tata was an Indian industrialist and philanthropist who founded the Tata Group, which has now become a global conglomerate with interests in various sectors. He is considered to be the father of Indian industry and a visionary leader who transformed India’s economy through his business acumen and philanthropic endeavors.
Jamsetji Tata was born on March 3, 1839, in Navsari, Gujarat, India, into a Parsi family. His father, Nusserwanji Tata, was a successful businessman, and his mother, Jeevanbai Tata, was a devoutly religious woman. Jamsetji Tata received his early education in Bombay and later went to England for further studies.
Jamsetji Tata started his career as an apprentice in his father’s trading firm, where he learned the intricacies of the textile trade. Later, he ventured into trading on his own and made his first big investment in a cotton mill in Nagpur. However, the mill faced many challenges, and Jamsetji Tata eventually had to sell it.
Undeterred by this setback, he formed a partnership with a British firm to set up a new textile mill in Bombay. This partnership was dissolved, and Jamsetji Tata went on to establish the Central India Spinning, Weaving, and Manufacturing Company, which was later renamed the Empress Mills.
Jamsetji Tata’s contribution to Indian society was not limited to his business ventures alone. He was a philanthropist at heart and believed that wealth should be used for the betterment of society. He was instrumental in setting up the Indian Institute of Science, the Tata Institute of Fundamental Research, and the Tata Memorial Hospital.
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