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Jamshedji Nusserwanji Tata (also spelled Jamsetji; 3 March 1839- 19 May 1904) was an Indian industrialist and philanthropist who founded the Tata Group, India’s biggest conglomerate company. He established the city of Jamshedpur.
Indian Conglomerate of Companies: Tata Group is an Indian conglomerate of 30 companies across a wide range of industries, including automobile, chemicals, consumer products, energy, engineering, financial services, information system, materials, and telecommunication. Operating in more than 100 countries across six continents, Tata has maintained a leadership position in Indian industry since the early 20th century. The group initially gained wealth in the late 19th century through trade in raw materials before transitioning into textile manufacturing, iron and steel, and hydroelectric power. Later, it would expand into chemicals, aviation, automobile, and eventually information technology.
Tata Group’s portfolio of companies includes:
Tata Steel: One of the world’s largest steel manufacturers, with an annual crude steel capacity of 35 million tons.
Tata Motor: Tata motor produces cars, utility vehicles, pickups, trucks, and buses.
Tata Consumer Products: Tata Consumer Products is a focused consumer products company uniting the food and beverage.
Tata Consultancy Services: Tata Consultancy Services is global leader in IT, Digital and business services.
Tata Power: Tata Power is India’s largest integrated power company.
History: Jamshedji Nusserwanji Tata was born in 1839. Tata graduated from Elphinstone College in Bombay in 1858. Shortly afterwards, he joined his father’s trading firm that dealt in general merchandise. There, the junior Tata took a special interest in developing trade with China. When the American Civil War caused a boom in the Bombay cotton market, Tata and his father joined the Asiatic Banking Corporation. When the tide ebbed, Tata’s credit was left desolate. Fortunately, the firm’s credit was reestablished during the next three years. A share in the lucrative contract for the commissariat of