HomeNewsTrendsLifestyleBook excerpt: #TataStories | How Tata Group founder Jamsetji Tata dealt with failure: 'never stop dreaming'

Book excerpt: #TataStories | How Tata Group founder Jamsetji Tata dealt with failure: 'never stop dreaming'

Jamsetji Tata's 185th birth anniversary: Jamsetji Tata's shipping company Tata Line, Tata Silk Farm in Bangalore and an ice-house he planned for cold storage of fruits and fish in Mumbai may not exist today, but the stories are a reminder that Jamsetji never stopped dreaming big.

March 03, 2024 / 09:56 IST
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Jamsetji Tata founded the Tata Group in 1868. (Collotype via Wikimedia Commons)
Jamsetji Tata founded the Tata Group in 1868. (Collotype via Wikimedia Commons)

Excerpted here is the chapter “Never stop dreaming” from Harish Bhat’s #Tata Stories, with permission from the author and publisher Penguin Random House India.

Jamsetji Tata, founder of the Tata Group, is known for establishing very successful, pioneering business ventures that have gone on to shape Indian industry. But did you know that the tale of his life is also the story of a man who never ever stopped dreaming?

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During the first three decades after founding the Tata Group in 1868, Jamsetji had already established very successful textile mills—Empress Mills in Nagpur, Swadeshi Mills in Mumbai and Advance Mills in Ahmedabad. He had conceptualized India’s first integrated steel plant in Jamshedpur, which would bloom into Tata Steel. He had planned the country’s most ambitious hydroelectric power plant at Walwhan on the Western Ghats and had begun working towards establishing the fabulous Taj Mahal Hotel in Mumbai. He had even embarked on creating India’s first full-fledged science research university, the Indian Institute of Science, at Bangalore, and launched the country’s first scholarships for higher education overseas for Indians.