A trip down the memory lane, and we come across many Indian entrepreneurs who had carved a niche for themselves by setting up unique enterprises before it was a trend. Listed below are a few entrepreneurs from history whose journeys are worth sharing:
Because he couldn’t afford to study further, Dhirubhai Ambani chose to go to Aden, Yemen to work as a clerk and earn some money. When the British rule in Yemen ended, he chose to come back to India and set up his own business, Majin with his cousin and launches the Reliance industries in 1966 and the rest as they say is history.
Currently, the Ambanis are the richest family in the world with the company dabbling in petroleum, telecom, retail, textiles, media and Petrochemicals.
Ghanshyam Das Birla
After letting go of the family business, Birla set up his textile business in Calcutta during the British era which faced a lot of resistance from the Europeans and established players. However, he emerged successful and purchased Hindustan Motors in 1940 and continues to diversify in the field of tea, cement, chemicals, and rayon. He also set up the Birla Institute of Technology which is one of the best colleges in India currently.
Currently, the Birla group has revenue of over $35 billion.
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Jamsetji Tata is the founder of the Tata Group which is the largest conglomerate in India enjoys an annual turnover of over $83 billion. Tata started his entrepreneurial journey by setting up textile mills in Bombay and Nagpur. He had a dream of setting up the following: an iron and steel company, a science institution, a world-class hotel, and a hydro-electric plant. However, in his lifetime, he could only manage to build the world-class hotel, Taj in Mumbai while all the other dreams were fulfilled by his sons.
Govindram Seksaria is an entrepreneur who not much people know about, but, his journey is definitely worth sharing. He joined the Bombay Cotton Exchange and emerged as the Cotton King of the World. He soon started trading in other commodities as well when he faced immense pressure from the British to shut down his company, Govindram Brothers Private Limited. However, fighting all battles, he emerged as a true hero who diversified into sugar, textile, minerals, banking, printing, and movie businesses and is also responsible for starting the Bank of Rajasthan and the Bombay Hospital.