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PM releases coin in honour of Jamsetji Tata

Prime Minister Narendra Modi on Tuesday  released a commemorative coin in honour of Jamsetji Tata, popularly known as father of modern Indian industry, on his 175th birth anniversary here.

Paying tributes to Jamsetji Nusserwanji Tata, Modi said “those who create history, without seeking or holding power, are truly great”.

He also praised Jamsetji for his vision of environment friendly energy and initiatives for welfare of the people associated with the Tata Group.

The culture of businessmen donating massive amounts in charity was new to the Western world, but Jamsetji Tata had done the same long ago, the Prime Minister added.

Jamsetji is the first industrialist felicitated by the Indian government in such a manner.

He founded Tata Group, India’s largest business conglomerate. He was born on March 3, 1839 in Navsari, a small town in south Gujarat.

Jamsetji Tata founded the Tata group in 1868. He worked for building India that would be an industrial power. The translation of his vision led to creation of India’s first integrated steel plant (Tata Steel’s Jamshedpur plant (1907).
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