Who is the richest in India?

Tata group is a rising new multinational enterprise in India. As a family business, Tata Group was founded in the era when India got rid of British colonial rule and sought independence. It is an enterprise with Indian characteristics. With a history of 132 years, Tata Group still faithfully continues its goal established in the 19th century, that is, to develop India into an industrial power.

Jamsheji Tata, the founder of Tata Group, joined his father's company at the age of 13, and became the head of India's largest textile enterprise at the age of 35. He once led a group of young Indian entrepreneurs who thought that only by developing India's own industry could the country get rid of British colonial rule.

R. D. Tata, Jamsheji's successor, introduced new rules, reduced the working hours to eight hours and provided free medical services to employees, and persisted in this system even in the most difficult period of the company. In 1991, Tata reduced the number of employees in the steel plant from 78, to 45,. Such large-scale layoffs did not cause any complaints from employees. Tata also spent $25 billion to replace outdated equipment, turning the world's most backward steelmaking furnace into the world's most advanced equipment.

The success of Tata Group depends on the business environment in India. Tata Group once acquired Tetley, the second largest tea merchant in the world, and expanded its business to Bangladesh and other regions with historical roots in India. At present, Tata Group is negotiating with Bangladesh to establish enterprises such as energy, steel and fertilizer that the country does not have.

In addition, Tata Group has also taken advantage of the historical reason that it was colonized by Britain together with South Africa, and extended its reach into South Africa. He once sponsored Mahatma Gandhi's movement to help Asian immigrants in South Africa gain greater rights. After South Africa achieved democracy, Tata Group established various technical schools in that country. Now the goal of Tata Group is to help South African blacks and improve their quality of life, and use this country as an entrance for Tata Group to enter the whole of Africa.