Jamsetji Tata breathed his last on May 19, 1904 in Bad Nauheim, Germany. He was buried in Brookwood Cemetery in Woking, England.
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Jamsetji Tata, the founder of the Tata Group, was a renowned Indian entrepreneur, philanthropist and industrialist. For his valuable contribution to the field of industry, he has also been affectionately referred to as the “Father of Indian Industry”.
He was one of the greatest Indian businessmen of his time. As the nation remembers the entrepreneur on his death anniversary today, May 19, here are some interesting facts about him:
- Jamsetji Tata was born into a Parsi family in Navsari on March 3, 1839.
- Tata graduated from Elphinstone College, Mumbai in 1858 and joined his father’s trading company the same year. He worked there until the age of 29.
- He founded a new trading company in 1868, which later became The Tata Group. He bought a bankrupt and dilapidated oil mill at Chinchpokli, which he later renamed Alexandra Mill and converted into a spinning mill.
- Jamsetji Tata established a cotton mill in Nagpur in 1877 and renamed it “Empress Mill” in honor of Queen Victoria, who became Empress of India in the same year. The entrepreneur was very passionate about the textile trade and set up factories in Coorla (Kurla) and Bombay.
- Tata’s eyes were set on achieving four major goals: creating a world-class educational institution that could provide science education to Indians, establishing a steel company, founding a lavish hotel in India, and generating hydroelectric power. . None of the dreams, except one, could be fully realized during his lifetime.
- He established the Taj Mahal hotel in Mumbai after being refused entry to one of the city’s major hotels. By the time the building was completed in 1903, it was the first hotel in the country to feature German elevators, Turkish baths, and American fans.
- Tata breathed his last on May 19, 1904 in Bad Nauheim, Germany. He was buried in Brookwood Cemetery in Woking, England.
- His remaining goals were completed by his successors in later years. The Tata Group remains one of the country’s most respected brands to this day.
May 19, 2022 07:00:29 IST