Creation of Wealth : The Tatas from the 19th to the 21st Century By: R.M. Lala

Creation of Wealth: The Tatas from the 19th to the 21st Century

• Author : R M Lala
• Publisher : Penguin India
• ISBN-13 : 9780143062240

About Creation of Wealth: The Tatas from the 19th to the 21st Century

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 era of economic reforms. In a frank epilogue, Ratan Tata talks about the difficulties he faced in implementing change, including resistance from his colleagues. The Creation of Wealth is R.M. Lala's best-selling account of how the Tatas have been at the forefront in the making of the Indian nation—not just by their phenomenal achievements as industrialists and entrepreneurs but also by their signal contributions in areas like factory reforms, labour and social welfare, medical research, higher education, culture and arts, and rural development.

About the Author

R.M. Lala started his career in journalism in 1948 at the age of nineteen. In 1959 he became the manager of the first Indian book publishing house in London and in 1964 he founded (with Rajmohan Gandhi) Himmat Weekly, which he edited for a decade. His first book, The Creation of Wealth, was published to critical and commercial acclaim in 1981. This was followed by other books including Beyond the Last Blue Mountain: A Life of J.R.D. Tata (1992), Celebration of the Cells: Letters from a Cancer Survivor (1999), A Touch of Greatness: Encounters with the Eminent (2001), For the Love of India: The Life and Times of Jamsetji Tata (2004)and In Search of Ethical Leadership (2005). His books have been translated into several languages including Japanese. Lala was director of Tata’s premier foundation the Dorabji Tata Trust for eighteen years. His book The Heartbeat of a Trust is based on this Trust. He is co-founder of the Centre for the Advancement of Philanthropy and has been its chairman since 1993.

Book Details