“Hard work is the most important key to success. Without being willing to work hard and put everything into a venture, business success is nearly impossible.”
Anonymous:
Industrialization came to India in the year 1870. With it, came a number of talented industrialists who planned on changing the world. These included the Tata Sons and the Birla Sons.
The Tata group was founded by Jamshet Ji Nusserwanji Tata (1887-1904) Jamshetji was an Indian Pioneer industrialist. He founded what would later become the Tata group of companies. He is regarded as the legendary “Father of Indian Industry”.It was the taken over by Sir Dorab Tata who was the elder son of Jamshet Ji Tata and he set up Tata Steel. He was followed by JRD Tata, Ratan Tata, Cyrus Mistry and is currently being run by N Chandrasekaran.
The Birla Group was founded by Shiv Narain Birla. He had set up a trading house in Mumbai. It was then followed by Baldeo Gas Birla, Ghanshyam Das Birla, Aditya Vikram Birla and finally, Kumar Mangalam Birla.
The Tatas and the Birlas together made a plan called “The Bombay Plan” which is also known as the:Tata-Birla Plan. It was led by JRD Tata and was a 15-year plan of economic development of India. It was in the year 1944. Jawaharlal Nehru, the first Prime Minister of India, did not approve of this plan and wanted the 5-year plan to take place instead.
India was under the British Rule during this period and lots of wars were going on. The British had a lot of demands and because of the wars, a lot of textiles were needed. The Tata and Birla sons struck the Iron when it was hot and fulfilled the British’s needs and also provided Jute, Textiles etc.
“Nothing worthwhile is ever achieved without deep thought and hard work”
-JRD Tata