Thursday, December 14, 2006

The struggle for India’s independence from British Raj ended in 1947

Jamshetji Nasserwanji Tata (1839-1904) had comprehended much earlier that India’s future was bleak without industrialisation. He once stated, “Freedom without the strength to support it and, if need be, defend it, would be a cruel delusion.” Starting out on his own at the age of 29, Jamshetji went as a cotton trader to England, where he personally visited the textile mills of that era. He decided to set up a mill in India and make the product globally competitive. The result was the Empress Mills in 1874, which employed the best technology and modern labour laws (as he was appalled by treatment of workers in England).

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Source:- IIPM Editorial

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