How does the mission Atmanirbhar Bharat will succeed in the time of Corona virus pandemic and India-China conflict?
I am Mihir, Co-founder of WE Expert.
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Initially, we started with writing articles on Blogger.com and then we started Video blogs to know about the thought for "Finance" in mind of people. As we were at the initial level, we faced some difficulties to continue with blogs but now we are on track again. Along with blogs, We will soon be available to provide the services.
Initially, we started with writing articles on Blogger.com and then we started Video blogs to know about the thought for "Finance" in mind of people. As we were at the initial level, we faced some difficulties to continue with blogs but now we are on track again. Along with blogs, We will soon be available to provide the services.
A few weeks ago, I listened to the speech of Prime Minister of India, Shri Narendra Modi on COVID 19. In his speech, he was mentioned about "Atmanirbhar Bharat". After hearing his speech I thought what does "Atmanirbhar Bharat" mean in reality? How it would be possible in this pandemic period? Nowadays, India has many conflicts with china which lead results India started banning products made in China, Also India has started to reduce its imports from China and cancelling big infrastructural projects agreed with china. Then how this "Atmanirbhar Bharat" will succeed?
After having a view on all possible barriers of this mission, I got a thought about The Father of Indian Industry.
I researched him and I read his biography glimpse. then I thought might his business story help to succeed this mission.
Jamsetji Nusserwanji Tata was an Indian pioneer industrialist, who founded the Tata Group, India's biggest conglomerate company. He was a founder of the Tata Group of companies. Tata is regarded as the legendary "Father of Indian Industry". He was so influential in the world of an industry that Jawaharlal Nehru referred to Tata as a One-Man Planning Commission.
Jamsetji Tata was born to Nusserwanji and Jeevanbai Tata on 3rd March 1839 in Navsari, a city in south Gujarat. Jamsetji Tata and his family were a part of the minority group of Zoroastrians, or Parsees, who came to India from fleeing the persecution of Zoroastrians in Iran. He was born in a respectable family, but the poor family of priests. His father, Nusserwanji, was the first businessman in a family of Parsi Zoroastrian priests. He broke the tradition to become the first member of the family to start a business. He started an export trading firm in Mumbai. Unlike other Zoroastrians, Jamsetji Tata had a formal Western education because his parents saw that he was gifted with special mental arithmetic from a young age. However, for more modern education, he was later sent to Bombay.
Jamsetji Tata joined his father in Mumbai at the age of 14 and enrolled at the Elphinstone College for completing his education as a 'Green Scholar' (which was an equivalent to a graduate at that time). He married to Hirabai Daboo while he was still a student.
In 1858 he completed his graduation from the Elphinstone College in Bombay, he joined his father’s export-trading firm and helped to establish its strong branches in Japan, China, Europe, and United States. It was a turbulent time to start a business as the Indian Rebellion of 1857 had just been suppressed by the British government. Tata regularly travelled to China to become learn the trade business in opium, that was bustling at the time within a small colony of Parsees and was tightly closed off to outsiders. Jamsetji Tata’s father wanted him to be a part of this business, so he sent Jamsetji Tata to China to learn about the opium trade business. In China, while learning a new business he realised that trade in the cotton industry was booming, and there was a chance of making a great profit. This influenced his business career and he started to invest most in cotton mills throughout his lifetime. The opium trade business was mostly confined. He made many trips abroad mainly to England, America, Europe, China, and Japan to establish branches for his father's business.
Till the age of 29, Tata worked in his father's company. Later in 1868, he founded a trading company with ₹21,000 capital (worth US$62 million in 2020 prices). He also bought a bankrupt oil mill at Chinchpokli in 1869 and converted it to a cotton mill, which he renamed as "Alexandra Mill". He sold that mill two years later for a profit.
Later in 1874, Jamsetji Tata floated the Central India Spinning, Weaving and Manufacturing Company in Nagpur because it seemed like a suitable place for him to establish another business venture. Due to this unconventional location, the people of Bombay scorned Tata for not making the smart move by taking the cotton business up in Bombay, known as the “Cottonopolis” of India. They did not understand why he went to the undeveloped city of Nagpur to start a new business. Tata’s decision of choosing Nagpur led to his success. Unlike Bombay, land in Nagpur was cheap and also readily available for resources. There was an abundant farm for production, distribution was easy, and the cheap land later led to the converging of railways at Nagpur, which further leads to development into the city. Shortly after in 1877, Tata established a new cotton mill, "Empress Mill" when Queen Victoria was proclaimed as the Empress of India at 1 January 1877.
In 1885, Tata floated another company in Pondicherry for the sole purpose of distributing Indian textiles to the nearby French Colonies and not having to pay duties, however, this was a failed attempt due to insufficient demand in the fabrics. This led to him buying the Dharamsi Mills at Kurla in Bombay and later resold it to buy the Advance Mills in Ahmedabad. Tata named it Advance Mills because of the fact that it was one of the most high-tech mills at the time. On top of its technology, the company left a great effect on the city of Ahmedabad because Jamsetji Tata made an effort to integrate the mill within the city to provide economic growth to its community. Through these many contributions, Jamsetji Tata advanced the textile and cotton industry in India.
Jamsetji Tata continued to be an important figure in the industrial world even in his later stages of life. Later on, Tata became a strong supporter of Swadeshi. The Swadeshi Movement did not start until 1905 however, Jamsetji Tata represented these same principles throughout the time he was alive. Swadeshi was a political movement in British India that encouraged the production of domestic goods and the boycott of imported goods. Fully impressed by its principles, Tata named his new cotton mill built in Bombay the “Swadeshi Mill”.
The original idea for this new mill was to produce the finest cloth as like as the cloth type coming from Manchester. Manchester was famous for producing softer cloth, meanwhile in India coarse material produced was no longer preferred by the public. Tata wanted to produce cloth which quality should best from Manchester cloth, which will lead to a reduction in the number of imports coming from abroad. Additionally, Tata's vision for India was to become its primary manufacturer of all kinds of cloth and eventually to become a large exporter. He wanted India to be the sole maker of these fine cloths that the primitive weavers of India were famous for. Tata started to experiment with various ways to improve the cultivation of cotton grown in different parts of India. He believed that adopting the method of cultivation used by the Egyptian ryot, who were famous for their soft cotton which would allow the cotton industry of India to reach these goals. Tata was also the first to introduce the ring spindle into his mills which were soon replaced by a throttle that was once used by manufacturers.
He had four goals in life.
After having a view on all possible barriers of this mission, I got a thought about The Father of Indian Industry.
I researched him and I read his biography glimpse. then I thought might his business story help to succeed this mission.
Jamsetji Nusserwanji Tata was an Indian pioneer industrialist, who founded the Tata Group, India's biggest conglomerate company. He was a founder of the Tata Group of companies. Tata is regarded as the legendary "Father of Indian Industry". He was so influential in the world of an industry that Jawaharlal Nehru referred to Tata as a One-Man Planning Commission.
Jamsetji Tata was born to Nusserwanji and Jeevanbai Tata on 3rd March 1839 in Navsari, a city in south Gujarat. Jamsetji Tata and his family were a part of the minority group of Zoroastrians, or Parsees, who came to India from fleeing the persecution of Zoroastrians in Iran. He was born in a respectable family, but the poor family of priests. His father, Nusserwanji, was the first businessman in a family of Parsi Zoroastrian priests. He broke the tradition to become the first member of the family to start a business. He started an export trading firm in Mumbai. Unlike other Zoroastrians, Jamsetji Tata had a formal Western education because his parents saw that he was gifted with special mental arithmetic from a young age. However, for more modern education, he was later sent to Bombay.
Jamsetji Tata joined his father in Mumbai at the age of 14 and enrolled at the Elphinstone College for completing his education as a 'Green Scholar' (which was an equivalent to a graduate at that time). He married to Hirabai Daboo while he was still a student.
Till the age of 29, Tata worked in his father's company. Later in 1868, he founded a trading company with ₹21,000 capital (worth US$62 million in 2020 prices). He also bought a bankrupt oil mill at Chinchpokli in 1869 and converted it to a cotton mill, which he renamed as "Alexandra Mill". He sold that mill two years later for a profit. 
Later in 1874, Jamsetji Tata floated the Central India Spinning, Weaving and Manufacturing Company in Nagpur because it seemed like a suitable place for him to establish another business venture. Due to this unconventional location, the people of Bombay scorned Tata for not making the smart move by taking the cotton business up in Bombay, known as the “Cottonopolis” of India. They did not understand why he went to the undeveloped city of Nagpur to start a new business. Tata’s decision of choosing Nagpur led to his success. Unlike Bombay, land in Nagpur was cheap and also readily available for resources. There was an abundant farm for production, distribution was easy, and the cheap land later led to the converging of railways at Nagpur, which further leads to development into the city. Shortly after in 1877, Tata established a new cotton mill, "Empress Mill" when Queen Victoria was proclaimed as the Empress of India at 1 January 1877.
In 1885, Tata floated another company in Pondicherry for the sole purpose of distributing Indian textiles to the nearby French Colonies and not having to pay duties, however, this was a failed attempt due to insufficient demand in the fabrics. This led to him buying the Dharamsi Mills at Kurla in Bombay and later resold it to buy the Advance Mills in Ahmedabad. Tata named it Advance Mills because of the fact that it was one of the most high-tech mills at the time. On top of its technology, the company left a great effect on the city of Ahmedabad because Jamsetji Tata made an effort to integrate the mill within the city to provide economic growth to its community. Through these many contributions, Jamsetji Tata advanced the textile and cotton industry in India.
Jamsetji Tata continued to be an important figure in the industrial world even in his later stages of life. Later on, Tata became a strong supporter of Swadeshi. The Swadeshi Movement did not start until 1905 however, Jamsetji Tata represented these same principles throughout the time he was alive. Swadeshi was a political movement in British India that encouraged the production of domestic goods and the boycott of imported goods. Fully impressed by its principles, Tata named his new cotton mill built in Bombay the “Swadeshi Mill”.
He had four goals in life.
1. Setting up an iron and steel company,
2.A world-class learning institution,
3. A unique hotel,
4.A hydro-electric plant.
Unfortunately only the hotel became a reality during his lifetime.
Taj Mahal hotel at Colaba waterfront in Mumbai inaugurated on 3rd December 1903 at the cost of ₹11 million (worth ₹12 billion in 2020 prices). It was the only hotel in India which have electricity during that time.
Later his successors' work led to the three remaining ideas being achieved:
Taj Mahal hotel at Colaba waterfront in Mumbai inaugurated on 3rd December 1903 at the cost of ₹11 million (worth ₹12 billion in 2020 prices). It was the only hotel in India which have electricity during that time.
Later his successors' work led to the three remaining ideas being achieved:
  |
- Tata Steel (formerly TISCO – Tata Iron and Steel Company Limited) is Asia's first and India's largest steel company. It became the world's fifth-largest steel company after it acquired Corus Group producing 28 million tonnes of steel annually
- Indian Institute of Science at Bengaluru, the pre-eminent Indian institution for research and education in Science and Engineering.
- Tata Hydroelectric Power Supply Company (Later renamed Tata Power Company Limited), currently India's largest private electricity company with an installed generation capacity of over 8000MW.
While on a business trip to Germany in 1900, Tata became seriously ill. He died in Bad Nauheim on 19th May 1904 and was buried in the Parsi burial ground in Brookwood Cemetery Woking, England.
Tata Iron and steel plant were set up at Sakchi village in Jharkhand. The village grew into a town and the railway station there was named Tatanagar. Now, it is a bustling metropolis known as Jamshedpur in Jharkhand, named in his honour. The old village of Sakchi (now urbanised) now exists within the city of Jamshedpur.
Jamsetji Tata became the founding member of the Tata family.
This how Jamsetji Tata establish an empire during that time where to start or to have a business in India was nearly hard. Today we have the technology, we have skills, we have the manpower, we also resource but we are still depending on products which are made in abroad countries.
This how Jamsetji Tata establish an empire during that time where to start or to have a business in India was nearly hard. Today we have the technology, we have skills, we have the manpower, we also resource but we are still depending on products which are made in abroad countries.
A country like China who has the same strategy as Britishers had to rule over India. At first, they make a business deal with the country, later, they export the product in such an over limited which leads the price of Indian product fall in the local market. People in the sake of savings regularly buy that product. Over time of period, China realises that the market is now under control it starts to sell the same product at a higher price. This is known as Dumping method. 
Another example is Toys, India imported toys worth $ 1.4 billion (around 10,000 crores) in 2018-19. Almost 85% of the toys sold in India are imported, with China being the top source, followed by Sri Lanka, Malaysia, Germany, Hong Kong and the US. At present, from dolls and playing cards to videogame consoles and board games are all considered toys. There are currently 76 categories of toys and the government plans to recategorise these into 58 tariff lines. The move comes in the wake of around 67% of imported toys failing a testing survey of the Quality Council of India (QCI) last month. PM's "Vocal for Local" strongly implies here we should play with our children with Indian games like Chaupar / Pachisi, Pallankuzhi, Gutte / Five Stones, Lattoo / Spinning Top, Gilli Danda / Lippa, which make child mental and physically healthy. In the world, 156 countries are encouraging their citizens to learn or play the traditional Indian game with their child. This also results in a reduction in imports and we can import more product which is essential for the country.
This is what I understand about the PM's new mission for making Atmanirbhar Bharat. I highly motivated by Jamshetji Tata's success's path. I also apologise if I have posted some wrong.
WE Expert.
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