...
...
Next Story

Jamsetji Tata: Nation remembers 'the father of Indian industry' on his 119th death anniversary

Jamsetji Tata death anniversary: The pioneer industrialist, who established the city of Jamshedpur, breathed his last on May 19, 1904 in Bad Nauheim, Germany.

Published on: May 19, 2023 02:19 PM IST
Advertisement

Today the nation remembers the "father of Indian Industry" and the founder of the Tata conglomerate, Jamsetji Nusserwanji Tata, popularly known as JN Tata on his 119th death anniversary.

Jamsetji Tata, who is regarded as the “Father of Indian Industry”, donated $102.4 billion, emerging as the top philanthropist of the century. (Twitter / @TataCompanies)
Jamsetji Tata, who is regarded as the “Father of Indian Industry”, donated $102.4 billion, emerging as the top philanthropist of the century. (Twitter / @TataCompanies)

Leaders like Union minister Nitin Gadkari, BJP leader Mukhtar Abbas Naqvi, Satish Upadhyaya poured in their tributes to the great philanthropist on Twitter. "Remembering Indian pioneer industrialist Jamsetji Tata on his death anniversary", Gadkari tweeted.

About JN Tata

Jamsetji Tata, one of the biggest Indian businessmen of his time, was born to the scion of a family of Parsee priests, Nusserwanji Tata on March 3, 1839, in the Navsari town of Gujarat. At the age of 14, he started helping his father's business.

Tata completed his graduation from the Elphinstone College, Bombay (now Mumbai) in 1858. Later he joined his father’s trading company and worked there for about nine years.

Formation of TATA group

In 1868, he established a new trading firm, with a capital of 21,000, which later became the TATA group. He further went to England where he learnt about the textile business. He purchased a bankrupt oil mill in Chinchpokli and converted it into a textile mill. In 1877, he established another cotton mill at Nagpur and named it "Empress Mill" after Queen Victoria. Later he established some other cotton mills at Coorla (Kurla) and Mumbai.

Taj Mahal Hotel, Mumbai

The pioneer industrialist, who established the city of Jamshedpur in Jharkhand, breathed his last on May 19, 1904 in Bad Nauheim, Germany.

Jamsetji Tata was known as a great philanthropist. He generously donated to education and healthcare. EdelGive Foundation and Hurun Research India named him the greatest philanthrope of the last century. He also topped the list of the world's top philanthropists of the 20th century.

 
ABOUT THE AUTHOR
Shobhit Gupta

By giving the opinions of the uneducated, journalism keeps us in touch with the ignorance of the community. News Editor with 3 years of experience in the digital news world. If not on desk, you can find me wandering for the unexplored places.

Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe