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‘Russi has captured the “touch and feel” of events in Tata Steel from its early days . . . he also succeeds in bringing to life the human side of the company in a very readable and cogent manner. The book is a valuable and interesting record of the company’s evolution over its 100-year history, while at the same time being an enjoyable book to read.’ —From the Foreword by Ratan N. Tata ‘The hand of history has woven the tapestry of the Tatas. Just over a hundred years ago Jamsetji Tata requested the Secretary of State in PBI - India, Lord George Hamilton, for the co-operation of the British Raj in starting PBI - India’s first steel works. On the hundredth anniversary of the registration of Tata Iron & Steel Company, the company won the bid to purchase the Anglo-Dutch steel giant CORUS. And so the wheel has turned a full circle.’ R.M. Lala traces a hundred years and more of the exciting history of Tata Steel—from men searching for iron ore and coking coal in jungle areas, traversing in bullock carts before the site was found, to the company’s modern status as a PBI - World-class company. He brings to life a seldom-voiced account of the courage, vision and commitment of the men who created PBI - India’s first modern industrial venture which was to be the fountainhead of its industrial growth. The story Lala recounts is an eventful one of struggle for finances, of survival under unimaginable government controls, the evolution of incredibly humane labour practices (like an eight-hour work day much before it was a Western concept), the effort to compete as liberalization was ushered in, and Tata Steel’s ultimate triumph. For over a hundred years, Tata Steel has promoted a culture of philanthropy perhaps unequalled in the corporate PBI - World. The Romance of Tata Steel is a moving and fascinating account that draws upon extensive archival material and rare photographs to paint a compelling story that all PBI - Indians can be proud of. This informed and objective book is a fitting tribute to an exceptional PBI - Indian company in its centenary year.
The Birth of an Indian Profession is the first comprehensive history of engineers in modern India. Charting the development of the engineering profession in the country from 1900 to 1947, it explores how engineers, their roles, and their organization were transformed during the politically tumultuous interwar years. Through detailed case studies of engineers in public works, railways, and private industry, the book argues that the profession, once dominated by expatriate British engineers closely associated with the state, saw an increasing proportion of Indian members, and an emerging emphasis on industrial engineering. In the process, it fashioned for itself an Indian identity. Turning the spotlight on practitioners of technology and their professional lives, Ramnath explores several themes including the work culture of engineers, their conception of their own identity, their status in society, and their relationship with the evolving colonial state. In so doing, he provides a fresh perspective on the history of science and technology in twentieth-century India.
In the late 1800s, Indians seemed to be a people left behind by the Industrial Revolution, dismissed as “not a mechanical race.” Today Indians are among the world’s leaders in engineering and technology. In this international history spanning nearly 150 years, Ross Bassett—drawing on a unique database of every Indian to graduate from the Massachusetts Institute of Technology between its founding and 2000—charts their ascent to the pinnacle of high-tech professions. As a group of Indians sought a way forward for their country, they saw a future in technology. Bassett examines the tensions and surprising congruences between this technological vision and Mahatma Gandhi’s nonindustrial modernity. India’s first prime minister, Jawaharlal Nehru, sought to use MIT-trained engineers to build an India where the government controlled technology for the benefit of the people. In the private sector, Indian business families sent their sons to MIT, while MIT graduates established India’s information technology industry. By the 1960s, students from the Indian Institutes of Technology (modeled on MIT) were drawn to the United States for graduate training, and many of them stayed, as prominent industrialists, academics, and entrepreneurs. The MIT-educated Indian engineer became an integral part of a global system of technology-based capitalism and focused less on India and its problems—a technological Indian created at the expense of a technological India.
This monograph aims to analyze the economic and business history of colonial India from a corporate perspective by clarifying the historical role of institutional developments based on archival evidence of a representative enterprise. The perspective is distinctively unique in that it highlights the salience of corporate-level institutional responses to explain the causes of colonial India’s industrial growth, in addition to two renowned perspectives focusing on government economic policy or factor endowment. One of the driving forces of India’s high growth rate since the 1980s is the expansion of modern business corporations whose origins date back to the colonial era in the mid-nineteenth century. This monograph explores the historical foundation of the growth of such corporations in colonial India, guided by a substantial collection of documents of Tata Iron and Steel Company, whose rich records have not received the due attention they have long deserved. As clarified by numerous economic and business historians of leading industrialized countries since the works of Douglass North and Alfred Chandler, this study as well proposes that the development of modern business corporations in colonial India was broadly supported by the reciprocal evolution of economic institutions and corporate organizations. Adding a new perspective to the business and economic history of colonial India, the analysis also provides an important case study of the development of corporate business in the non-Western world to the study of global business history.
The complex and hard-fought movement for political freedom in India coincided with the rise of a wealthy capitalist class of Indian industrialists who had profited under British rule. By 1947, these prominent businessmen had forged a partnership with the socialist-led Indian National Congress, and supported Jawaharlal Nehru's implementation of a centrally-planned economy. In this political history of modern India, David Lockwood traces the roots of this capitalist class, concentrated in Bombay, Calcutta and the west Bengal coal mining region, and examines British economic policy in the nineteenth century. Indian capitalists, such as J.R.D Tata of Tata Steel, established powerful relationships with domestic governments throughout the period, holding indigenous industrial conferences and supporting the swadeshi movement which aimed to promote Indian-manufactured goods. The Indian Bourgeoisie is a unique and important contribution to the lively debate on the role of India's capitalists during the Raj and throughout the early years of independence.
A series of high-profile acquisitions, including Jaguar Land Rover and Corus Steel, together with the launch of the Nano (the world's first Rs. 1 Lakh/ below US$ 2500 car), is set to change our perception of India': on the threshold of becoming a truly global brand.*s oldest and most respected corporate brand. With a major international presence, in a variety of areas including steel, tea, chemicals, communications and software, Tata now stands 65th in the world brand valuation league. But what is the Tata brand all about? What are its values? How do people perceive it, in India and around the world? In this absorbing and informed book Morgen Witzel digs into the heart of the Tata enterprise, describes its origins, how Tata's reputation and image evolved, and how the group has worked to transform that image into a powerful and valuable brand. Tata: The Evolution of a Corporate Brand goes to the core of the Tata ethos to explore the unique relationship between the Tata group and the Indian people, a relationship that goes beyond the achievements of a successful business to its social contributions for its employees and the society at large. Finally it asks how that reputation will be perceived and understood as Tata moves into global markets. Whether you're an entrepreneur, a manager, a marketer, or an interested Tata loyalist this book will help you understand the durability of the brand and inspire you with the values it holds onto in the global economy.
An eye-opening portrait of global capitalism spanning 150 years, told through the history of the Tata corporation. Nearly a century old, the grand faade of Bombay House is hard to miss in the historic business district of Mumbai. This is the iconic global headquarters of the Tata Group, a multinational corporation that produces everything from salt to software. After getting their start in the cotton and opium trades, the Tatas, a Parsi family from Navsari, Gujarat, ascended to commanding heights in the Indian economy by the time of independence in 1947. Over the course of its 150-year history Tata spun textiles, forged steel, generated hydroelectric power, and took to the skies. It also faced challenges from restive workers fighting for their rights and political leaders who sought to curb its power. In this sweeping history, Mircea Raianu tracks the fortunes of a family-run business that was born during the high noon of the British Empire and went on to capture the worldÕs attention with the headline-making acquisition of luxury car manufacturer Jaguar Land Rover. The growth of Tata was a complex process shaped by world historical forces: the eclipse of imperial free trade, the intertwined rise of nationalism and the developmental state, and finally the return of globalization and market liberalization. Today Tata is the leading light of one of the worldÕs major economies, selling steel, chemicals, food, financial services, and nearly everything else, while operating philanthropic institutions that channel expert knowledge in fields such as engineering and medicine. Based on painstaking research in the companyÕs archive, Tata elucidates how a titan of industry was created and what lessons its story may hold for the future of global capitalism.
An incisive exploration of the Maoist insurgency in the heart of the country questions what India?s `growth story? really means today. An innocent adivasi cut down in his prime by the unholy nexus of ruthless Maoist rebels and corrupt bureaucrats; a highly educated Maoist ideologue who had to die because he sought an end to bloody conflict; a contractor bitter at having been left in the lurch by his corporate paymaster; and a young adivasi woman, recently in the news, who dared to challenge the status quo to emerge as an authentic voice of her people... It is their compelling stories, among several others, that Rohit Prasad felt driven to explore while travelling in Chhattisgarh for over two years. The result is Blood Red River, an impassioned weaving together of narrated history and hard fact, first-person accounts of those who have witnessed terrible violence and encounters with keepers of the law, both in the Indian government as well as Maoist ranks. It offers, too, a startling glimpse of the so-far-unrevealed role that corporate rivalry has played in thwarting vital industrial projects in the name of insurgency. Using Chhattisgarh as a microcosm, this multi-layered narrative is an immersive inquiry into the roles of different stakeholders in the no-holds-barred war over natural resources that has continued to ravage some of India?s mineral-rich states for more than three decades. Bold and unafraid to take sides, it leads the reader deep into a world where corruption and greed underlie ideological posturing and reveals the false dichotomies of India?s development paradigm.
A well-known writer and speaker in forums all over the world, a list of Dr. Swaminathan’s writings and speeches goes to over 50 . This book collects together some of his more recent observations, edited for publication. It is evident from the range of issues discussed that the author’s mission in life is to foster a movement of hope and peace by eradicating hunger and poverty, for humankind to live in harmony with nature. Swaminathan stresses that sustainable development must be firmly rooted in the principles of ecology, social and gender equity, employment generation, and economic potential. Note: T&F does not sell or distribute the hardback in India, Pakistan, Nepal, Bhutan, Bangladesh and Sri Lanka. This title is co-published with NIPA.