- Name : Jamsetji Nusserwanji Tata
- Date of Birth : Mar 03, 1839
- Passed Away On : May 19, 1904
- Religion : Parsi
- Death Place : Bad Nauheim, German Empire
- Address : India
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In the year 1858, after completing his graduation, Jamsetji Tata joined his father’s business and established branches of his father’s trading firm in overseas market particularly in the following countries Japan, China, America, European countries, England, etc. Such a move was indeed brave considering the situation then. It was the time of Indian Rebellion of 1857 suppression by the British government and thus people were sceptical to enter into new businesses due to the political turmoil.
Jamsetji worked under his father’s guidance till the age of 29 years.
Evolution of Tata Group
But, after two years he sold that mill at considerable profit and set up another cotton mill in 1874 at Nagpur. He named this mill as Empress Mill as Queen Victoria became the Empress of India on 1 January 1877.
Subsequently he established cotton mills at places like Bombay and Coorla as well.
However, the destiny has some other plans and it was just the hotel that started during his lifetime. And this hotel was Taj Mahal Hotel at Colaba waterfront in Mumbai. The hotel was inaugurated on 3 December 1903 and was the only hotel in India that had electric power supply.
Tata’s iron and steel plant was established at Sakchi, a village in Jharkhand. This village gradually developed into a town and the railway station of the place was christened as Tata Nagar. It is now renamed as Jamshedpur to commemorate the business tycoon, and is a renowned and developed metropolis of the country.
However, the old village of Sakchi, still remains and is now a part of Suburbs of Jamshedpur.
His Philanthropic Missions
In the year 1898 he donated land for a research institute in Bangalore that later on became Indian Institute of Science established by his sons in the year 1911.