Indian Industrial Entrepreneurs

Indian Industrial Entrepreneurs

1. ENTREPRENEURS WHO CHANGED THE FACE OF IndustrIAL DEVELOPMENT IN INDIA Danish Kanungo | Harshil Desai Kashyap Thakkar | Raj Amreliya

2. Ghanshyam Das Birla Birla Family

3. Ghanshyam Das Birla Ghanshyam Das Birla was born on 10 April 1894 at Pilani village. Birla inherited the family business and moved to further diversify them into other areas. He wanted to turn the moneylending business into manufacturing. So he left for Calcutta in Bengal Presidency, the world's largest jute producing region. In 1918, he established Birla Jute Mills, much to the consternation of established European merchants, whom the biased policies of the British government favoured other than the local Bengali merchants. With an investment of ₹5 million[citation needed] in 1919, the Birla Brothers Limited was formed. A mill was set up in Gwalior in the same year.

4. Ghanshyam Das Birla In the 1940s, he ventured into the territory of cars and established Hindustan Motors. After independence, Birla invested in tea and textiles through a series of acquisitions of erstwhile European companies. He also expanded and diversified into cement, chemicals, rayon and steel tubes. Birla founded the Birla Engineering College in Pilani and the Technological Institute of Textile & Sciences in Bhiwani among other educational institutions in 1943. Both colleges have evolved over the years to develop into one of India's best engineering schools. In 1957, he was awarded India's second highest civilian honour, the Padma Vibhushan in the field of industry and trade.

5. CURRENT POSITION

6. J. R. D. Tata Former Chairman of Tata Group

7. J. R. D. Tata Jehangir Ratanji Dadabhoy Tata born on 29 July 1904 was a French-born Indian entrepreneur, chairman of Tata Group and the shareholder of Tata Sons. Born into the Tata family of India, he was the son of noted businessman Ratanji Dadabhoy Tata. He is also best known for being the founder of several industries under the Tata Group, including Tata Consultancy Services, Tata Motors, Titan Industries, Tata Salt, Voltas and Air India. He received two of India's highest civilian awards the Padma Vibhushan and the Bharat Ratna. These honors were bestowed on him for his contributions to Indian industry. On 10 February 1929, Tata obtained the first pilot licence issued in India. He later came to be known as the father of Indian civil aviation.

8. J. R. D. Tata He founded India's first commercial airline, Tata Airlines in 1932, which became Air India in 1946, now India's national airline.

9. J. R. D. Tata Under his chairmanship, the assets of the Tata Group grew from US$100 million to over US$5 billion. He started with 14 enterprises under his leadership and half a century later on 26 July 1988, when he left, Tata Sons was a conglomerate of 95 enterprises which they either started or in which they had controlling interest. He was the trustee of the Sir Dorabji Tata Trust from its inception in 1932 for over half a century. Under his guidance, this Trust established Asia's first cancer hospital, the Tata Memorial Centre for Cancer, Research and Treatment, in Bombay in 1941.

10. TATA GROUP PUBLIC COMPANIES

11. OTHER POPULAR TATA BRANDS

12. Ardeshir Godrej Godrej Brothers Company

13. Ardeshir Godrej Ardeshir Godrej founded Godrej Group, one of India’s most renowned conglomerates, which started with a humble lock-making venture in 1897. Ardeshir studied law, like many other Indians from affluent families, during the British reign. His career in law was doomed even before it had started. After disastrous start in law, he worked as an assistant in a chemist shop where he became interested in manufacturing surgical instruments. His first business — surgical instruments — did not do well, but Ardeshir was determined to continue a manufacturing business in India.

14. Ardeshir Godrej He received a loan from Merwanji Cama, Parsi businessman and philanthropist, to start a new lock-making business. His locks were cheaper than those imported from England. He had discovered that foreign-made locks came with an inbuilt spring that often broke down. His locks came without this feature and sold far better in the market. Locks Factory

15. Ardeshir Godrej Godrej Steel Wardrobe Advertisement

16. Ardeshir Godrej Ardeshir expanded into manufacturing safes, and patented his door frame and double-plate doors. He moved on next to create Godrej soaps — crafting soaps out of vegetable oils instead of animal fat. His younger brother Pirojsha also joined the business, his only sibling to do so, and together they came to be known as the Godrej Brothers. He laid the foundations of what has today grown into one of the country’s most reputed industries with investments across the world.

17. Ardeshir Godrej Initial Godrej Soap advertisement

18. Jamnalal Bajaj Bajaj Group

19. Jamnalal Bajaj The origins of the Bajaj group date back to 1926—the year it was founded by Jamnalal Bajaj, a freedom fighter, philanthropist and close confidante of Mahatma Gandhi. In 1931, Bajaj founded a sugar factory in Lakhimpur Kheri of Uttar Pradesh, paving the way for the formation of what was originally the flagship company of the group, the Hindusthan Sugar Mills Ltd. Kamalnayan Bajaj, the eldest son of Jamnalal Bajaj, had an early start in the family business. After completing his education from the University of Cambridge, England, he returned to India, joined the family business and diversified into scooters, three-wheelers, cement, steel, and electrical appliances.

20. Jamnalal Bajaj In 1948, Bajaj Auto started its sales in India by importing two- and three-wheelers. In 1959, it obtained a licence from the government to manufacture two-wheelers and three-wheelers. Bajaj is world’s fourth largest 2 and 3 wheeler maker. Rahul Bajaj at a Bajaj Auto factory

21. Kailash Chandra Mahindra Mahindra

22. Kailash Chandra Mahindra K.C. Mahindra (c 1894-1963) was an Indian industrialist and co-founder of Mohammad & Mahindra later renamed as Mahindra & Mahindra in 1945. KC attended Government College, Lahore, where his scholastic aptitude shone through. At Cambridge, he earned Honours, played hockey, and took a keen interest in rowing. After graduating, he joined Messrs. Martin & Company, where he edited the monthly magazine INDIA and, briefly, the Hindustan Review. In 1942, KC was appointed Head of the Indian Purchasing Mission in the United States.

23. Returning to India in 1945, he was appointed the Chairman of the Indian Coal Fields Committee of the Government of India and also of the Automobile and Tractor panel. His contribution to developing strategic coal policies and applying the latest methods of coal mining in India helped shape the industry His Coal Commission Report became a seminal document in the industry. In 1946, KC moved to Bombay to found Mahindra & Mohammed. Under his 13-year stewardship as Chairman, Mahindra & Mahindra established itself as a major Indian industrial house in several sectors. Kailash Chandra Mahindra

24. CURRENT POSITION

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