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Published byPearl Austin Modified over 9 years ago
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Presented by Ish Vaidya
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“We generate wealth for the people. What comes from the people must, to the extent possible, therefore get back to the people.” J.R.D. Tata (1904- 1993)
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Was the 2 nd child of Ratanji Dadabhoy Tata and his French wife Sooni moved to India in 1925 In 1938, JRD Tata was made the head of India's largest industrial empire
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Under his leadership, the Tata assets grew from Rs 62 crore in 1939 to over Rs 10,000 crore in 1990. At the same time, the number of companies under the group grew from 14 to 50 large manufacturing ones
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Apart from being a businessman par excellence, he was a patron of the sciences and the arts, a philanthropist and yet a man with a passion for literature, fast cars, skiing and flying
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JRD's outstanding contributions to India were the -Tata Airlines (1932) -TELCO -TIFR (Tata Institute of Fundamental Research) in 1945
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As an aviator and pioneer flier, he brought commercial aviation to India. JRD's passion for planes led him to set up Air India in 1948. When it was nationalised in 1953, under his chairmanship Air-India was ranked among the finest airlines in the world.
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TELCO began with locomotives, but he foresaw it becoming a great engineering company of which Tata Iron and Steel Company (Tisco; now Tata Steel) was the springboard
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“ Without support provided by Jeh, history would have been very different. Homi Bhabha may not have stayed on In India; TIFR may not have come into existence, as it is now ” Dr. K.R Menon (sucessor of Dr Homi Bhabha)
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And as a philanthropist, he was respected for building and keeping alive the tremendously active Tata charitable trusts
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“Leadership, according to him, meant motivating others. once he was confident that a manager would perform, he gave him a long rope.” "As chairman, my main responsibility is to inspire respect
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According to JRD, quality had to match innovation. He stressed: "If you want excellence, you must aim at perfection. I know that aiming at perfection has its drawbacks. It makes you go into detail that you can avoid. It takes a lot of energy out of you but that's the only way you finally actually achieve excellence
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At his behest, Tata Steel became one of the earliest companies in India to have a dedicated human resource department
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JRD was also the first industrialist to move beyond the welfare of his own workers to that of the surrounding areas in which the Tata companies and factories operated. He did not want his companies to be islands of prosperity in a sea of poverty.
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JRD, who was known for his outspokenness and boldness, made some highly critical comments about the economic policies of the Central Government. JRD's trenchant attack of the government policies was trimmed down by the reporters of the dailies to appear very natural and constructive (T.Damu, Vice-President, Taj Group of Hotels )
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It was their highest regard and respect for that towering personality called JRD that did the job silently.
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I saw him as a role model for his simplicity, his generosity, his kindness and the care he took of his employees If at all time stops and asks me what I want from life, I would say I wish JRD were alive today to see how the company we started has grown. He would have enjoyed it wholeheartedly. SUDHA NARAYAN MURTY
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Thank You
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