Tuesday, 12 November 2019

Tale of a successful business family 

Updated: July 20, 2019 12:26 pm

The Tatas, written by Girish Kuber is the story of  India’s leading business families. It starts in the nineteenth century with Nusserwanji Tata – a middle-class Parsi priest from the village of Navsari in Gujarat, and widely regarded as the Father of Indian Industry – and ends with Ratan Tata – chairman of the Tata Group until 2012. But it is more than just a history of the industrial house; it is an inspiring account of India in the making. It chronicles how each generation of the family invested not only in the expansion of its own business interests but also in nation-building. For instance, few know that the first hydel project in the world was conceived and built by the Tatas in India. Nor that some radical labour concepts such as eight-hour work shifts were born in India, at the Tata mill in Nagpur. The National Centre for the Performing Arts, the Tata Cancer Research Centre, the Tata Institute of Fundamental Research – the list about the Tatas’ contribution to India is a long one.

The author writes that in 1882, a boy was born in a priestly household in Gujarat. Young Nusserwanji knew early that on that his destiny lay beyond his village and decided to head for Bombay to start a business. He had neither higher education nor knowledge of trade matters, just a burning passion to carve his own path.

What Nusserwanji started as a cotton trading venture, his son jamsetji—born in the same year as Rockefeller—grew into a multifaceted business, turning around sick textile mills, setting up an iron and steel company and building a world-class hotel.

The Tatas: How a Family Built a Business and a Nation

By Girish Kuber

Published by: Harper Collins

Price: `699

Pages:260

 The author writes that more than 60 per cent of the group’s revenues are from countries outside of India. Yet, Indians claim it to be their own while the mayor of London feels that Tata is a British company. It is not just a money power or size which gives a company such a position in the mind of the people.

It cannot be gainsaid that Tatas family has contributed hugely in the development of this country. When there was no industry in India, this family brought Industry and introduce the concept of employment. This family has contributed a lot in the area of education also.

The Indian Institute of science, the Tata Institute of Fundamental Research, as also the national carrier Air India—the family has a long, rich and unrivalled legacy. From the Tata salt to Tata motors, this family has shown the way for other conglomerates that how to turnaround the things alone. There is no doubt that this book contains an enormous history of a successful family. And the story which has been narrated in this book will be beneficial for the young entrepreneurs who fear to take risks. This worth keeping content will surely guide them. Therefore this book will be interesting  to read and it will inspire everyone.

Uday India bureau

 

 

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