Saint Leo University
Craig S. Cleveland
December 17, 2010
Tata group of companies, it is said that there is Tata in every Indian’s life directly or indirectly. Tata group of companies is India’s largest conglomerate. Tata group is made up of 90 operating companies in seven different industries which makes it India’s largest conglomerate. Tata group was founded by Jamsetji Tata in 1868. The founder of the Tata group was a visionary who was a traveler and loved travelling around the world. Jamsetji Tata was born in a small town of Navsari in Gujarat India. In his early working life, he worked with his dad in his banking firm. He wanted to start a new business, and he did start a trading company while working with his father in his banking firm. Then in he established a textile mill which he named as empress mill as a smart move to avoid any British opposition. This was the first stem to the huge Tata group which it is today. Jamsetji Tata was a traveler and brought many ideas about business in his travel. He saw new things and technology used in other countries in his travel he brought those things and new ideas home and employed them in his company and helped the country in the path of industrialization. Jamsetji Tata created trust and one of these trusts today holds the majority of the shares in the Tata group of companies. Jamsetji Tata’s one of the dream, was to construct a hotel which was the best in India and has to be the most luxuries in India. The Taj Mahal Hotel was the first building in Bombay to use electricity. Jamsetji wanted to build the best hotel in India after he was denied entry in one of the hotels in Bombay because he was Indian. The hotel which was completed, in 1904 was one of the great marvels of Tata group in Jamsetji Tata’s life time (Tata Group, n.d.). The next big thing which happened in, the progress of the Tata Group was the establishment of iron and steel plant which was the first iron and steel plant in India. It was a challenge to start an iron and steel plant in India as there was an ever present pressure from the British raj. However, Sir Dorab Tata made it the reality when he started the steel plant near Jamshedpur. The new company was called Tata steel, which is the 10th largest steel manufacturer in the world currently. The company was established a century ago by Sir Dorab Tata in 1907. Sir Dorab Tata was also established first hydroelectric power plant which was the beginning of Tata power. Tata power is India’s largest private sector power generating company. One of the best companies in the Tata group ware established in the life time of Sir Dorab Tata. The founders of Tata group where not only the business men but also nationalist. In 1911 after seven years, after the death of Jamsetji Tata the first science instate was established in Bangalore. Where the bright brains of India can cultivate their aspirations in science, and technology. Tata’s ware fully aware of their corporate social responsibility towards society, and their country as whole (Tata group, n.d.). The institute established by the Tata’s is today’s premier research and development institute which is in Bangalore. In its 375 acres campus, the Indian Institute of science hosts 40 departments and centers of various fields of science. Institute constantly performs research and development of cutting edge science in association with space research organization and defense research organization. Tata institute of fundamental research is one of the best research institute in the country. There are many such institutes which where the vision of the founders of Tata group, which are serving the country and society as a whole. Tata Group is also known for employee satisfaction. Tatas ware first to introduce the 8 hour working day in 1912 long before it was introduced in the western countries, they were...
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