Throughs light over Jamestji Nusserwanji Tata Biography , his early life, Beginning of career and Building of his own career and their visions.

1. Indian Business
Legend
Jamsetji Nusserwanji Tata
PRESENTED BY: NEERAJ GARWAL

2. Content
Biography.
Early life.
Beginning of career.
Career.
Vision.
Ideas Succession.

3. Name : Jamsetji Tata
Born on : 3rd March 1939
Place of Birth : Navsari, Gujarat. India
Educated from : Elphinestone College, Mumbai
Position : Founder of Tata Group
Married to : Hirabai daboo
Children : Dorabji Tata and Ratanji Tata
Father : Nusserwanji Tata
Mother : Jeevanbai Tata
BIOGRAPHY

4. EARLY LIFE
 He was born in a respectable, but poor family of priests.
 His father, Nusserwanji, was the first businessman in a family of Parsi
Zoroastrian priests.
 His father started an export trading firm in Mumbai.
 Jamsetji Tata had a formal Western education.
 In order for him to have a more modern education, he was later sent
to Bombay.
 At the age of 14 he enrolled at the Elphinestone College, Mumbai and
completed his eductaion as 'Green Scholar'.
 Though he started working with his father at an early age of 14.
 At the tender age of 16 married Hirabai Daboo who was 10 at that
time.

5.  He involved himself whole heartedly and with full zeal in his father's
export business
 At that time when business scenario in India was far from being
prosperous. (Indian Rebellion of 1857)
 Then in 1859 Jamsetji Tata went to Hong Kong to expand his father's
business.
 He remained in Hong Kong for four years to fulfill his father's dream
of setting up the branch of the Tata & Company office there.
 The establishment of Tata & co. office there was the first milestone
achieved in attaining the vision of the expansion of the Tata Empire
throughout Asia and the first step towards the creation of Tata & Sons.
 By the year 1863, there were Tata offices in Hong Kong,
Japan & China.
Beginning of Jamsetji Tata's Career

6. Beginning of Jamsetji Tata's Career
 Jamsetji Tata after the success of his endeavors in Asia travelled to
Europe, but unlike in Asia, he faced with hitches in the initial stages.
 Jamsetji Tata's motive behind his tour to England is to set up an
Indian Bank in London.
 However, the establishment of the Indian Bank proved to be
disastrous for Tata's .
 Tata Company had to encounter huge monetary losses because of the
failure of the Indian banks.
 Tata travelled around China, he realized that trade in the cotton
industry was booming.
 This influenced his business career, where he invested the most in
cotton mills throughout his lifetime.

7. Worked in his father's company until he was 29.
He founded a trading company in 1868 with ₹21,000 capital
(worth US$52 million in 2015 prices).
 He bought a bankrupt oil mill at Chinchpokli in 1869 and converted
it to a cotton mill, which he renamed as Alexandra Mill. He sold the
mill 2 years later for a profit.
Later, in 1874, Jamsetji Tata floated the Central India Spinning,
Weaving, and Manufacturing Company in Nagpur.
 Shortly after, in 1877, Tata established a new cotton mill, "Empress
Mill“.
Jamsetji Tata's :Career

8. In addition, in 1885, Tata floated another company in Pondicherry .
However, this was a failed attempt due to insufficient demand in the
fabrics.
This led buying the Dharamsi Mills at Kurla in Bombay and later
reselling it to buy the Advance Mills in Ahmedabad.
Tata named it Advance Mills.
Jamsetji Tata made an effort to integrate the mill within the city in
order to provide economic growth to its community.
Jamsetji Tata advanced the textile and cotton industry in India.
Jamsetji Tata's :Career

9. Jamsetji Tata continued to be an important figure in the
industrial world even in his later stages of life.
Later on, Tata became a strong supporter of Swadeshism.
Tata named his new cotton mill built in Bombay the “Swadeshi
Mill”.
The original idea for this new mill was to produce finer cloth.
Tata had a vision for India to become its own primary
manufacturer of all kinds of cloth and eventually become a large
exporter.
Tata was also the first to introduce the ring spindle into his mills.
Jamsetji Tata's :Career

10. He devoted himself in the attainment of the four of
his key ideas:
Setting up an iron and steel company
A world-class learning institution
A one-of-a-kind hotel
A hydro-electric plant.
 Only the hotel became a reality during his lifetime, with the
inauguration of the Taj Mahal Hotel at Colaba waterfront
in Mumbai on 3 December 1903. at the cost of ₹11 million
(worth ₹11 billion in 2015 prices).
Jamsetji Tata's Vision

11. His successors' work led to the three remaining ideas being
achieved:
Tata Steel (formerly TISCO) – Tata Iron and Steel Company
Limited) is Asia's first and India's largest steel company. It
became the world's fifth-largest steel company after it
acquired Corus Group producing 28 million tonnes of steel
annually.
Indian Institute of Science: Bengaluru, the pre-eminent
Indian institution for research and education in Science and
Engineering.
Tata Hydroelectric Power Supply Company: renamed Tata
Power Company Limited, currently India's largest private
electricity company with an installed generation capacity of
over 10,577MW.

12. https://www.tata.com/about-us/tata-group-
our-heritage/tata-titans/jamsetji-tata
https://en.wikipedia.org/wiki/Jamsetji_Tata
http://business.mapsofindia.com/business-
leaders/jamsetji-tata.html
https://theprint.in/theprint-profile/jamsetji-
nusserwanji-tata-a-swadeshi-who-tried-to-
make-india-a-manufacturing-hub/200152/
http://www.tatacentralarchives.com/tata-
legacy/family-tree.html
References