For him, freedom meant economic development

While others were fighting for India’s political independence, Jamshetji was negotiating for fair policies from the same stubborn, muleheaded British Raj to secure India’s economic & industrial future. Jamshetji identified three key areas for India – steel, electricity & scientific research. He did not live to see this vision bear fruition, but managed to lay the foundations of three large organisations – Tata Steel (formerly Tata Iron & Steel Company), The Indian Institute of Science and The Tata Power Company Limited. He also started the Taj Mahal Hotel in Mumbai with Rs.42.1 million. The hotel was a gift to his countrymen as fellow Indians were not allowed to enter the Watson hotel in Mumbai during the British rule.

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Source:- IIPM Editorial

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