HomeNewsTrendsBusiness advice from JRD Tata: Don't look for the most profitable enterprise, but...

Business advice from JRD Tata: Don't look for the most profitable enterprise, but...

JRD Tata, unlike other entrepreneurs, did not think of choosing a profitable enterprise. He thought of putting India's needs first.

July 29, 2022 / 20:57 IST
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JRD Tata drew inspiration from the Tata Group founder Jamsetji Tata. (Image credit: Tata)
JRD Tata drew inspiration from the Tata Group founder Jamsetji Tata. (Image credit: Tata)

Jehangir Ratanji Dadabhoy Tata or JRD Tata led the Tata Group for more than half a century. He pioneered civil aviation in the subcontinent in 1932 when he launched Tata Airlines and when he was elevated to the top post in the Tata Group in 1938, taking over as Chairman, he was the youngest member of the Tata Sons board.

Over the years of his stewardship the group expanded into chemicals, automobiles, tea and information technology. The business tycoon, however, had a unique way to evaluate how to make the Tata Group grow.  When most entrepreneurs would think of choosing a profitable enterprise, JRD Tata put India's needs first.

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Read more: JRD Tata birth anniversary: Lesser known facts about the industrialist and birth of Tata Airlines

JRD Tata's biography Beyond the Last Blue Mountain by RM Lala stated that in his later years, the Tata Group founder Jamsetji Tata would not ask "What enterprise is the most profitable?" He would instead ask, "What does the nation need?" "If the answer was steel, hydro-electric energy or a University of Science, Jamsetji would make best efforts to fulfil that need," the book stated.