Prime Minister Narendra Modi has decided to honour Tata Group founder Jamsetji Nusserwanji Tata by releasing commemorative coins to mark his 175th birth anniversary. Paying tributes to Jamsetji Nusserwanji Tata, Modi said “those who create history, without seeking or holding power, are truly great”.
Jamsetji Nusserwanji Tata was popularly known as father of modern Indian industry
The coins, a first for an industrialist, are being minted on the instructions of the Prime Minister’s Office with an eye to enthuse Indian businesses for Modi’s ‘Make in India’ campaign.
Jamsetji was chosen by the Modi government because he is regarded as the “father of the Indian industry” for setting in motion what became Asia’s first integrated steel company, despite the hostile investment environment of a colonised India and his own failing health.