The Creation of Wealth: The Tatas from the 19th to the


The Creation of Wealth: The Tatas from the 19th to the 21st Century [Reading] ➶ The Creation of Wealth: The Tatas from the 19th to the 21st Century By R.M. Lala – Thomashillier.co.uk This work provides an account of how the Tatas have been at the forefront in the making of the Indian nation not just by their achievements as industrialists and entrepreneurs but also by their contri This work provides an account of how the of Wealth: MOBI õ Tatas have been at the forefront in the making of the Indian nation not just by their achievements as industrialists and entrepreneurs but also by their contributions.


10 thoughts on “The Creation of Wealth: The Tatas from the 19th to the 21st Century

  1. Prashant Prashant says:

    A nicely written book covering the history of TATA industries since it s inception The book talks about the way TATA company and it s honchos worked to create wealth ethically.The book talks about the history of the TATA companies from 19th to 21st century.It enlists many initiatives taken by TATA management for the first time in the business world.A great book if you want to learn about doing business with ethics Inspiring work Will now look for aexplanatory work on TATAs.


  2. S.Ach S.Ach says:

    Throughout history there have been two categories of people those who create wealth and those who consume it This century has given rise to a new category of people whose passion is to control the wealth others take the trouble to create To consume or control wealth needs little qualification To create wealth is a different proposition.And I was all for knowing how wealth is created Amongst all business families in India the Tatas are hugely admired, not only for building one of the larges Throughout history there have been two categories of people those who create wealth and those who consume it This century has given rise to a new category of people whose passion is to control the wealth others take the trouble to create To consume or control wealth needs little qualification To create wealth is a different proposition.And I was all for knowing how wealth is created Amongst all business families in India the Tatas are hugely admired, not only for building one of the largest business conglomerates in the world, but also their immense contribution in nation building with a special focus on quality higher education This book tries to give a historical perspective of how Tata family built their businesses and created wealth for millions of Indians But the structure and the narrative style fail to create the awe inspiring motivation it otherwise promised.I read the 1992 edition of the book that was first published in 1981 TCS has 2400 employees then now they have close to 4,00,000 So I had expected this book to provide not only the past glory but also a sort of future vision of where the group is going, which, sadly, it lacks completely Utterly disappointing


  3. Krushidhar Lekkala Krushidhar Lekkala says:

    Found it a bit boring as I had context of the Tata story from RM Lala s other book Beyond the last blue mountain.That aside, it was fascinating to look at an alternative form of capitalism where industry grew while considering the needs of the nation It was also good to know the contributions of the Tatas to the nation, something I did not know much about before.


  4. Aamil Syed Aamil Syed says:

    Read as an accompaniment to Beyond the last blue mountain by R.M Lala.The family history of the Tatas has been deeply entwined with the history of an industrial India ever since Jamsetji Tata started out as an entrepreneur That means that the history is of almost 130 years It s obviously quite difficult to cover almost 130 years of Industrial presence in just about as many pages So, this isn t a book that covers the history in great detail But in providing a summary of what the Tatas have do Read as an accompaniment to Beyond the last blue mountain by R.M Lala.The family history of the Tatas has been deeply entwined with the history of an industrial India ever since Jamsetji Tata started out as an entrepreneur That means that the history is of almost 130 years It s obviously quite difficult to cover almost 130 years of Industrial presence in just about as many pages So, this isn t a book that covers the history in great detail But in providing a summary of what the Tatas have done over the years in India and abroad and in providing succinct descriptions of the interpersonal relationships of the chairmen over the years and their style of working and influence over the employees, the book excels tremendously.There are some really startling revelations about the hardships that some of the ventures had to face and it is indeed heartening to see how the other sister companies stepped up and helped the ones who lagged behind to catch up While we have often heard that the Tata group is a family, the actual structure of this family and the nature of their relationship is not so well known This book explores that aspect and gives great insight into it.With just about 200 pages, the book is a crisp and light read for anyone who is even mildly interested in knowing about the histroy of the Tata empire And for someone with a scholarly interest in the subject, this is a great starting point because R.M Lala had tremendous access to the company archives and compiled the data at a time when digital records were not the norm So, much of what he has gathered might not even be available today.Moreover, Lala was quite close to J.R.D Tata and had the privilege to question him directly about many aspects of their business, especially during his time as the chairman, which atthan 50 years, is quite an extensive period This has given the book a wealth of anecdotes like the circumstances that gave birth to Lakme and the story of immense resilience at the Mithapur plant of Tata Chemicals Each character who features in the book has been made to stand out by the description of their dominant traits, which could not have been possible without the access and insight that Lala was privy to.The only complaint that I have with the book is the same that J.R.D Tata himself had it is slightly in favor of the Tatas As a result, the objectivity is slightly lost The chronological order of the book is also slightly off, but I guess with a subject matter so vast as this, that is bound to happen.Twenty ninth book reviewed as part of the 130 Challenge Read on my blog


  5. Punit vara Punit vara says:

    A decent overview about tata s historyToo many names has been used and coherence is not that good but representation of factual information was good It could have been better if there would be good connection between all those facts.


  6. Animesh Mitra Animesh Mitra says:

    An excellent brief historical account of formation and growth of Tata industries Must read for entrepreneurs and industrialists The founder of Tata industries Jamsetji Nusserwanji Tata was a visionary entrepreneur and patriot who envisage to make India liberate through economic development and industrialization, investing on human capital, imputing the knowledge of modern science and technology in the economic fabric of India Because wealth is the foundation of freedom, if you are wealthy on An excellent brief historical account of formation and growth of Tata industries Must read for entrepreneurs and industrialists The founder of Tata industries Jamsetji Nusserwanji Tata was a visionary entrepreneur and patriot who envisage to make India liberate through economic development and industrialization, investing on human capital, imputing the knowledge of modern science and technology in the economic fabric of India Because wealth is the foundation of freedom, if you are wealthy only then you are free True liberation comes from economic advancement, real independence depends on financial self reliance Political freedom becomes worthless if a nation remain poor and destitute Jamsetji Nusserwanji Tata was truly the father of Indian industry who created wealth to uplift the economic condition of his fellow countryman, to liberate his nation and to make his country free


  7. Sendhilkumar Alalasundaram Sendhilkumar Alalasundaram says:

    An excellent book to understand the exemplary model of wealth creation that Tatas have followed in the past 2 decades.It also documents Tata s philanthropic efforts, which includes setting up of numerous institutions of global repute including but not limited to Indian Institute of Science, Bangalore, NIAS, TISS, TIFR, BARC, Tata Memorial Hospital etc Be warned that the list of contributions of Tata might overwhelm you One can also glean an interesting view of the evolution and transformation o An excellent book to understand the exemplary model of wealth creation that Tatas have followed in the past 2 decades.It also documents Tata s philanthropic efforts, which includes setting up of numerous institutions of global repute including but not limited to Indian Institute of Science, Bangalore, NIAS, TISS, TIFR, BARC, Tata Memorial Hospital etc Be warned that the list of contributions of Tata might overwhelm you One can also glean an interesting view of the evolution and transformation of Tata Conglomerate over the years under the different leaders


  8. Edwina D& Edwina D& says:

    My sister works for TCS and so I was able to get my hands on this book This is my second book on the Tatas after The TCS storyand beyond Very insightful Some of the stories on how brands came into being is inspiring, funny, shocking too My next objective is to do the Tata heritage walk in Mumbai someday.


  9. Dr. Z Dr. Z says:

    Fascinating subject but a terrible book Disorganized, skips around, doesn t reflect any serious research or distance from the subjects, strange illustrations There should be a work of serious history on the Tatas but this isn t it.


  10. Yash Nirbhavane Yash Nirbhavane says:

    The book basically talks about the History of TATA and their ethical and patriotic outook towards business It does not however justify the title of as it does not talk at all about how the tatas actually grew their business in to a giant that it is today.


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