When Jamsetji Tata started a trading firm in 1868, few could have guessed that
he was also opening an important chapter in the making of modern India. Jamsetji
saw that the three keys to India's industrial development were steel,
hydroelectric power, and technical education and research. A century and a half
later, the Tatas can claim with justice to have lived up to the vision of their
founder.
But the road to success has never been smooth. Appearing for the first time in
this edition is the story of how the Tatas, with Ratan Tata at the helm, have
had to grapple with change in the post-1992