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Founding of the Trading Company
- When
- 1868
- Where
- Mumbai
Jamsetji Tata established a trading company in 1868 with ₹21,000 capital, leveraging experience from his father's export firm.
At age 29, Jamsetji Tata founded a trading company in 1868. He utilized ₹21,000 in capital, a significant sum equivalent to US$52 million in 2015 prices. This venture was preceded by his work in his father's export-trading firm and a business trip to China that highlighted cotton industry opportunities.
Sources
- Jamsetji Tata Wikipedia, revision of 2026-10-03
- Tata Group Wikipedia, revision of 2026-09-23
Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.