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Showing posts from November 1, 2020

TATA THE INDUSTRIAL CONGLOMERATE

TATA THE FATHER OF INDIAN INDUSTRIAL INDUSTRIES THE BEGINNING OF JAMSETJI TATA REGIN Jamsetji Tata was born to Nusserwanji Tata and Jeevanbai Tata on 3 march 1839, in Gujarat. He came from a family of priests his father broke tradition and became the first businessman in his family. After graduating from Elphinstone college in the year 1858 he joined his father export-trading firm and i t was the perfect time to take advantage of the economic reforms from the British raj which ruled India back then, over the years he travelled to America, Europe and few other parts of the world to establish a network of distribution for his father company. back then he realized India has true potential to be the global leader of the textile industry which was dominated by the British at that time. TH E BEGINNING OF TATA After learning what he needs from his father company he started his own trading company at the age of 29 in the year 1868, In the year 1869, he bought a bankrupt oil mill and converted