How India Founded a Steel Industry

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Asianometry

Asianometry

Жыл бұрын

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Пікірлер: 554
@MrBloonbloon
@MrBloonbloon Жыл бұрын
TATA also has reputation of treating their workers very well. My grandfather worked for them. He received many benifits and after his death my grandmother still got a great pension from them.
@kingk5013
@kingk5013 4 ай бұрын
Not anymore mate
@cedric3973
@cedric3973 Жыл бұрын
When it comes to quality I buy either german steel or indian tata steel. Because when working as an engineer everytime I got a lab report of their steel and independently verified it was always on the money just like the german steel
@mayanksingh0044
@mayanksingh0044 Жыл бұрын
German steel? luxembourg ?
@cedric3973
@cedric3973 Жыл бұрын
@@mayanksingh0044 I now live in a village which literally has a iron and steel works best to it. But German steel and metallurgical products have always been very high quality from my experience working as a machinist through college and then when I spec'd materials once I became an engineer
@mael1515
@mael1515 Жыл бұрын
​@@mayanksingh0044 Germany produces specialized steel, not the standard one anymore.
@nvelsen1975
@nvelsen1975 Жыл бұрын
That's not because of Tata, that's because Tata outright bought quality producers (and their knowledge) such as Koninklijke Nederlandse Hoogovens en Staalfabrieken NV. All Tata did was take that existing stock, then break half of the safety and all of the environmental regulations to increase the profits, and carry on as they were. I guess that MO shouldn't come as a surprise for a clan that consists of drug lords. Tata only had money because they grew the opium that destroyed China. The Opium Wars were started for and by pressure from Tata.
@varun009
@varun009 Жыл бұрын
Exactly. Their tool steels aren't exceptional but excellent nonetheless. Powdered metallurgy is great but has fairly limited application given the cost.
@raxsin12
@raxsin12 Жыл бұрын
The British Chief Commissioner for the Indian Railways famously said, “Do you mean to say that the Tatas propose to make steel rails to British specifications? Why, I will undertake to eat every pound of steel rail they succeed in making.” In 2023, Tata now runs the two of the last 4 operational blast furnaces in the UK. It is also the largest manufacturing employer in the UK - both directly (via Tata steel, JLR, Tetley etc.) and indirectly (Largest engine orders to Roll Royce, aircraft orders for Airbus etc.). All this to say, one shouldn't be too arrogant. Fortune changes for everyone. Btw Tata's aren't an image of perfection either, they made a lot of their initial money via the opium trade.
@mudra5114
@mudra5114 Жыл бұрын
Do you have any references about this British Chief Commisioner? What is his name? Where did he say it? Which official record?
@raxsin12
@raxsin12 Жыл бұрын
​​@@mudra5114 Somehow KZbin removes the comment with a URL in reply. Commissioner's name was Sir Frederick Upcott. It was a well documented fact, if you google it, you'll see it reported in TIME, BBC and many other similar sources.
@mudra5114
@mudra5114 Жыл бұрын
@@raxsin12 Besides there was never any post called Chief Commisioner for Indian Railways. It never existed.
@mudra5114
@mudra5114 Жыл бұрын
@@raxsin12 Can't find anything.
@mudra5114
@mudra5114 Жыл бұрын
@@raxsin12Also the post of Chief Commisioner never existed. Looks like some fake news.
@wasimshaikh1665
@wasimshaikh1665 Жыл бұрын
TATA is least hated conglomerate in India. In fact I would go as far to say they are most loved and respected one. Working for TATA group has always been my dream. I worked for their engineering firm, and I must say I felt proud doing so.
@cedric3973
@cedric3973 Жыл бұрын
That's great to hear, if I ever need something from India again I'll consider them first. I prefer to buy from companies that treat their people well
@nex05
@nex05 Жыл бұрын
As an Indian, I can verify that
@nvelsen1975
@nvelsen1975 Жыл бұрын
Hope you enjoy being poisoned to death while they break every environmental regulation that exists. Tata are some of the worst sh*tbags in the industry. Unsurprising I guess as they were drug lords who got rich off of opium.
@Confucius_Says...
@Confucius_Says... Жыл бұрын
@@cedric3973 First company in the world to have an 8 hour workday.
@abhij2228
@abhij2228 Жыл бұрын
Tanishq ad says different story
@sho3bum
@sho3bum Жыл бұрын
Fun to know this thing is known outside of India. As kid who was born and raised in Jamshedpur I feel proud at certain elements of my town but sometimes it's not the complete picture. But there are tons more things that Tata industry did for it's workers, from free healthcare to free housing and even inviting educators from around the world to build XLRI, a premier management institute, NIT (which was previously called RIT or regional institute of technology) to building IISc, Urban planning, waste management and primary and secondary education for it's employees. Even today companies cannot build the infrastructure that a single steel plant in region which had less than 25% literacy in 1907 was able to do. It is a miracle it worked out. And also a case study in how a town should be built and how important businesses, industry and social welfare, education, housing and healthcare (TMH) were intertwined in the what we can easily state is the TATA ideology
@jhoxha
@jhoxha 11 ай бұрын
To be honest I had only heard of them through chess ( the tata steel chess tournament). It's nice to know more !
@LuisAldamiz
@LuisAldamiz Жыл бұрын
The -ji suffix is not strictly part of the name but a honorary mark of respect, something like English "sir" or "mister", hence it's not "Dorab for short" but rather just "Dorab, Dorabji for long".
@wasimshaikh1665
@wasimshaikh1665 Жыл бұрын
Those who don't know Tata is well known brand in every aspect of Indian life. From Software consultancy to Salt, from Cars and trucks to solar panels, from electricity generation to tomato ketchup, Tata makes everything. Tata trademark is symbol of trust in India. People trust tata more than they trust Indian government. And Tata hs never been caught doing anything wrong. Yes they are monopoly in many but their products are of good quality
@r3d0c
@r3d0c Жыл бұрын
lol ok tata PR
@asishreddy7729
@asishreddy7729 Жыл бұрын
As an Indian, I too feel I grew up surrounded by Tata. I never really thought much of it as a kid, but now looking back I can clearly say they’re an exception in the corporate world. I do feel they are the most ethical corporation, maintaining their track record for 100+ years. Their product quality and innovations are also highly respectable. They also don’t gouge customers at price, even though they can with the power of their brand. They are a true nationalist private company.
@akshaysubramaniam8963
@akshaysubramaniam8963 Жыл бұрын
Lol he was literally caught in the Radia tapes trying to convince her to lobby for sweetheart deals in the 2G case. Don’t get me wrong I love Tatas, but let’s not go overboard worshipping conglomerates.
@lifeisneverthesame910
@lifeisneverthesame910 Жыл бұрын
​@@asishreddy7729 TATA can't make smartphone
@jolp9799
@jolp9799 Жыл бұрын
dude you just sound brainwashed
@neilrenavikar3585
@neilrenavikar3585 Жыл бұрын
I remember something about Swami Vikekananda inspiring Jamsetji tata to take up the mantle for India's development. He certainly is responsible in some way for the creation of the entire revolutionary movement itself. I also heard some rumour somewhere that Without the vast foundries of TATA , the british would not have been able to fight in WW2.
@Tenisinspector8341
@Tenisinspector8341 Жыл бұрын
TATA steel provided 300,000 tonnes of steel for the bri’ish war efforts. Should’ve made a deal with the Germans instead, made off with huge profits instead of sacrificing massive profits from not selling it on the open market.
@aniket385
@aniket385 Жыл бұрын
@@Tenisinspector8341 You do know that India was a British Colony then ?
@Tenisinspector8341
@Tenisinspector8341 Жыл бұрын
@@aniket385 You didn’t know that many Indians supplied the Japanese and even the Axis through hidden means by smuggling goods across boats? Although Tata couldn’t have possibly sold their steel to Germans after the war, but before they could’ve done it before the war since Britain and Germany were huge trading partners or by supplying it to Henry Ford, who was a massive anti semite and kept Hitlers picture on his desk, even going so far to supply him with the assembly line formula to help build tanks for the German army.
@enrac
@enrac Жыл бұрын
My grandfather used to work at Tata Steel in Jamshedpur. These guys are a landmark in Asian industry.
@tykjpelk
@tykjpelk Жыл бұрын
Hold on now, steel isn't a semiconductor, right?
@dreckman69
@dreckman69 Жыл бұрын
Anything's a semiconductor if the temperature and voltage are right
@theproceedings4050
@theproceedings4050 Жыл бұрын
​@@dreckman69 This is true.
@zen7938
@zen7938 Жыл бұрын
The beauty of Fermi level
@geonerd
@geonerd Жыл бұрын
@@dreckman69 Ha! :)
@rutvikrs
@rutvikrs Жыл бұрын
A steel pan conducts heat from the flame below but not at 100%. It is therefore a semiconductor. (Philosophy 1- science 0)
@balajiramalingam5559
@balajiramalingam5559 Жыл бұрын
Do you know Tata Steel is the first Indian private company to use computer, patch card systems for employees pay role and tcs is the internal support system for it's salary processing. You may need another 2 episode to cover this topic.
@rudrajeet814
@rudrajeet814 Жыл бұрын
No . Actually its asian paints
@kingk5013
@kingk5013 4 ай бұрын
Well tata is another company that’s threatening government to set monopoly and destroy competitor and profit from government projects that tax payers paid for now multi million dollars stolen in a unfair way
@matthewbrightman3398
@matthewbrightman3398 Жыл бұрын
There’s a Tata Starbucks collaboration and Tata that does tech support. What can’t they do?!?
@RahulSharma-jm9ir
@RahulSharma-jm9ir Жыл бұрын
there is also tata motors which is india's second biggest autombile company
@rutvikrs
@rutvikrs Жыл бұрын
Ironically, Semiconductors.
@dongshengdi773
@dongshengdi773 Жыл бұрын
Tata is also my wife
@john_in_phoenix
@john_in_phoenix Жыл бұрын
I could say a lot of things they can't do well, but I won't. You would be appalled at their internal website for the IT consulting company.
@haberdasherrykr8886
@haberdasherrykr8886 Жыл бұрын
​@@john_in_phoenix you're not wrong
@Apocalypse9696
@Apocalypse9696 Жыл бұрын
Tata is the most loved brand in india. UNlike other big corporations who are accused of profiteering, TATA has a much better image among the people. the founders of TATA played a big role in the freedom movement. Unfortunately Parsis are infamous for having ridiculously low birth rates. Ratan Tata who used to head TATA group but retired due to old age, is unmarried and does not have kids. We may never be able to see a Tata at the helm of TATA group again.
@mayurkanth6987
@mayurkanth6987 Жыл бұрын
Lol Tatas literally profiteered from opium wars and were loyal to britishers. All big groups whether tata, birla, wadia, bajaj used to suck up to Congress just like how ppl accuse ambani adani nowadays
@priyadarshi8548
@priyadarshi8548 Жыл бұрын
​@@mayurkanth6987 typical commie
@Myanmartiger921
@Myanmartiger921 Жыл бұрын
Socialism will kill us. Remember west Bengal jihad on tata motors.
@AlexSchendel
@AlexSchendel Жыл бұрын
I always enjoy you interesting looks at defunct and little-known giants. (As someone in the semiconductor industry, I do enjoy your look into semiconductors the most, but these are a close-ish second!) I feel lucky that I've been so on-time to your videos lately too!
@Nmax
@Nmax Жыл бұрын
Tata Steel and the Tata conglomerate is hardly defunct or well known. Tata is one the big Indian corporations today with a world wide presence
@AlexSchendel
@AlexSchendel Жыл бұрын
@@Nmax well, I suppose that is true. Tata Group is certainly well-known, but less so outside of India. Furthermore, I for one didn't realize they started in steel production since they have expanded well beyond that initial scope.
@abi3751
@abi3751 10 ай бұрын
​@@AlexSchendelwhat is your job in semiconductor industry
@AlexSchendel
@AlexSchendel 10 ай бұрын
@@abi3751 I'm currently a server firmware engineer working on OpenBMC
@AkashMishra23
@AkashMishra23 Жыл бұрын
As someone who grew up near one of those plants, their scale and operations are insane
@hgbugalou
@hgbugalou Жыл бұрын
Never heard of this company. This is why I enjoy this channel. That and I'm a semiconductor/tech nerd.
@varun2250
@varun2250 Жыл бұрын
There's a great chance that you are using one of their products through their Sub-Brands. It's a Giant Salt to Steel to Civilian and Defence Engineering Conglomerate. Tetley Tea is owned by Tata, to give you an example.
@john_in_phoenix
@john_in_phoenix Жыл бұрын
Think of it as the Indian GM, but diversified and larger. It is an "interesting" company to work for.
@rajatdani619
@rajatdani619 Жыл бұрын
Well FYI He is the richest person of the world..with more then 300Billion of net worth..(only if he didn't Donated 60% of his net worth) He is the person who has no Hater in India..He is Beloved MR RATAN TATA. A modern day Kind Hearted king... Retired Chairman of TATA Conglomerate.
@ij4674
@ij4674 Жыл бұрын
Parent company of Jaguar and Land Rover.
@adhirbose9910
@adhirbose9910 Жыл бұрын
Everyone in India knows about this conglomerate TATA. And especially TATA steel and TATA motors, the former was just covered in the video, but the latter is equally iconic. They have the distinction of being the first ( and probably only) company outside Germany that got a license from Daimler Benz to assemble Mercedes trucks in India, DB was so impressed by their ( Tata) work ethic, professionalism and the quality of the products they produced that they shared the technology for the entire manufacturing process with Tata, and this was in the 1950's. But the socialism BS of the ruling Nehru family ( license raj and nationalisation of major industry) almost killed Indian manufacturing industry and entrepreneurship in the country. The Tata' s however were too big and too popular with the public to fully nationalise, however some Tata companies like Air India ( airline) and the Central bank of India ( Banking) were nationalized by the government, and since then have always been loosing money and providing crappy service. India is probably one of the few countries in the world that de industrialized itself. We could have been miles ahead of South Korea or China if our own politicians had not screwed our economy ( and the country ).
@Luis-qe8el
@Luis-qe8el Жыл бұрын
So im not even finished with the video and im already into a mode of congratulations for more amazing content... As always thanks for sharing your approach!
@PRITZ060191
@PRITZ060191 Жыл бұрын
Thank you for looking at India's ancient iron-works heritage. It is said the famous Damascus steel sword technology was also obtained from India.
@srikrishna2561
@srikrishna2561 Жыл бұрын
Woortz Steel.
@JashanKhurana
@JashanKhurana Жыл бұрын
House of Tata's are a blessing to India and the world.
@motog-rocks6544
@motog-rocks6544 Жыл бұрын
If you know about Britain and China then you will realize that the "trading company" was actually Opium Trading. Thus, this visit to Hong Kong and Shanghai. The British Empire grew Opium using Serfs in India, used "traders" like JN Tata and sold it in China.
@kerriwilson7732
@kerriwilson7732 Жыл бұрын
Not remarkably different than supplying alcohol to the population. It was a legal product then, restricted later.
@kovona
@kovona 10 ай бұрын
​@@kerriwilson7732 It was made legal at the muzzle of a gun, not like the Chinese had a lot of choices after losing the Opium wars. Legality ≠ morality. Just as companies in Nazi Germany being legally allowed to use forced slave labour doesn't make it right or morally acceptable.
@jasonoconner7863
@jasonoconner7863 Жыл бұрын
Great video! Love Indian business stories.
@darthrainbows
@darthrainbows Жыл бұрын
I had always thought Tata Steel was Russian - because of the chess connection via the Tata Steel chess tournament. I stand corrected.
@ChoCoMoCo69
@ChoCoMoCo69 Жыл бұрын
TBH Russian and Chess has the connection. But both Tata and chess are Indian.
@rahulj.005
@rahulj.005 Жыл бұрын
It's funny because both chess and Tata are Indian origin.😂
@antoinesteeghs7313
@antoinesteeghs7313 Жыл бұрын
The connection between tata and chess, is the Dutch tata owned company former called Hoogovens who organized the chess tournament since 1938. Yes’s with indeed many Russian winners
@badxxxmonkey5541
@badxxxmonkey5541 Жыл бұрын
An American. I want India to accept its place as our Asian partner. This should be india's century. Make good choices on foreign engagements and good investments at home and you'll be off to the races.
@mayurkanth6987
@mayurkanth6987 10 ай бұрын
Unfortunately that is very difficult.
@MTobias
@MTobias Жыл бұрын
Great video! Are you interested in making a video about the tragedy of the German nuclear industry? An industry that never really had a problem of cost overruns, was extremely safe and had solutions in basically every sector (BWRs, PWRs, heavy water reactors, natrium breeders and recycling) but was solely killed by populist sentiment?
@jharnakamila4215
@jharnakamila4215 Жыл бұрын
So there was nothing wrong with nuclear industry in Germany?
@MTobias
@MTobias Жыл бұрын
@@jharnakamila4215 I'm sure you can find something if you want to. But it worked great.
@mudra5114
@mudra5114 Жыл бұрын
At independence in 1947, because East Asia was devastated by WW2, India was the most powerful Industrial power in Asia.
@mayanksingh0044
@mayanksingh0044 Жыл бұрын
The British hated TATA, going so far to say that they would *eat* all the steel from the Jamshed plant. As explained in the video the tata steel had higher quality to meet with the same price. Yet, they succeeded
@kerriwilson7732
@kerriwilson7732 Жыл бұрын
Maybe I misunderstood. But I think they said British railways accepted steel of a lower standard than the Indian government required, not that British steel was a lower quality than the standard required of Tata.
@HemantKumar-id3jg
@HemantKumar-id3jg Жыл бұрын
@@kerriwilson7732 It was once tata complied. Also, you see the discrimination clearly here by having higher quality demands from an Indian producer than British or American ones. It baffles me that there are still people who defend these colonial parasites.
@Flor-ian
@Flor-ian Жыл бұрын
Always enjoy your videos. Thanks so much! ❤
@edgark6150
@edgark6150 Жыл бұрын
Great video and much appreciation to the Indian nation and the Tata family for doing great things to India and the whole world!
@johnbabu3640
@johnbabu3640 Жыл бұрын
TATA industries are integral part of India's industrialization in many sectors. Steel is one of them. They also started the Air services in 1920s. A well reputed Indian consortium.
@user-vk3fi4dm2d
@user-vk3fi4dm2d Жыл бұрын
Great video! have you consider the idea of making a video for both POSCO and JSW steel? Also it would be really nice if you could make a video about the impact of the Linz - Donawitz steel converters in the development of asian countries.
@jabrowski_
@jabrowski_ 7 ай бұрын
This was mad interesting and really well made. Thanks man
@BlaBla-pf8mf
@BlaBla-pf8mf Жыл бұрын
Nice to see the excellent Construction Physics blog getting a shout out
@Xenphenik
@Xenphenik Жыл бұрын
Fantastic video, wasn't sure if I would be interested but hooked me immediately.
@d.jensen5153
@d.jensen5153 Жыл бұрын
Thank you for illustrating the inefficiencies of artisan production! I'm not saying it should be banned, but I reject the notion that somehow it's more organic, clean, or efficient. This goes not only for steel but ceramics and many other industries.
@NickBurman
@NickBurman Жыл бұрын
British steel plant manufacturers were rather reluctant at the idea of supplying Tata with steelmaking equipment, so Tata went shopping in the USA where Mesta Machine and other Pittsburgh-area suppliers were waiting for him with arms wide open... after all, "pecunia non olet". That included the steam locomotives used to move raw materials and finished products around the plant which were some of the relatively few US-built steam locomotives delivered to India. It also explained why the internal narrow-gauge railway system used to move ingots from the ingot stripper to the rolling mill was built to 3 foot gauge rather than the more usual (for India) meter gauge. Tata Steel later returned to the USA in the 1920's and bought India's first diesel-electric switching locomotive, built by GE with an Ingersoll-Rand prime mover.
@dongshengdi773
@dongshengdi773 Жыл бұрын
I didn't know Tai Lopez is actually Indian
@dannylo5875
@dannylo5875 Жыл бұрын
I actually share the last name and people say I look Indian
@TheMsksk
@TheMsksk Жыл бұрын
Amazingly well researched piece. You never disappoint!
@AllocatorsAsia
@AllocatorsAsia Жыл бұрын
Inb4 this does 1M views. But srs, thanks for imparting your knawledge from the 2000 books in your garage in the Hollywood hills
@endymionselene165
@endymionselene165 Жыл бұрын
I nearly commented on this a very different way than this and then I remember the knawledge guy with his lamobginee.
@AC-jk8wq
@AC-jk8wq Жыл бұрын
Must be a fancy garaj!
@joelchils
@joelchils Жыл бұрын
Good vid bud.keep up the great work.
@nsyoutubemedia
@nsyoutubemedia Жыл бұрын
Tata Group has 1 Million employees. 100 plus companies. Indias industrial powerhouse
@wilee.coyote5298
@wilee.coyote5298 Жыл бұрын
Isn't Xenon gas a side product of making steel? Xenon gas is used by ASML to manufacture semiconductors.
@rampel1
@rampel1 Жыл бұрын
It's a side product of air liquefaction. If I remember correctly, it's separated from the oxygen fraction. So any liquid oxygen/nitrogen production will make xenon as well, but metallurgy is a huge consumer.
@christopherpetrov2355
@christopherpetrov2355 Жыл бұрын
I went there as visiting researcher for a forecasting project they were implementing !
@sahhaf1234
@sahhaf1234 Жыл бұрын
Early days of SE Asia's oil industry can be an interesting topic (royal dutch shell etc). And Japan's oil-related problems before and during ww2 can be an interesting sequel to that.. I still dont know how they managed to move their ships, planes and trucks without dependable oil supplies... Tata steel story made me think.. Without Tata steel (and hundreds of thousands of Indian soldiers), could Britain conquer middle east as easily during ww1? Anyways, the titles "...history of steel industry in India..." or "..rise of TSMC corporation..." can make anybody yawn or puke.. But if Asianometry did it, thousands watch as if it is a bond movie.. I think asianometry's only glaring deficiency is the absence of bond girls..🙂 Jokes aside, you continue to amaze me, dear asianometry..
@EyesOfByes
@EyesOfByes Жыл бұрын
2:24 Low key comedy gold. I never get TYred of that easteregg
@Nedumgottil
@Nedumgottil Жыл бұрын
Great coverage
@jays5186
@jays5186 Жыл бұрын
The Parsis have been a boon for India.. the most respected and trusted community
@prateeksharma6706
@prateeksharma6706 Ай бұрын
Yes
@peterparsons7141
@peterparsons7141 Жыл бұрын
Well written and narrated, good video. Very interesting.
@iandaniel1748
@iandaniel1748 Жыл бұрын
That is how build nation Knowledge , energy resources, metal for tools to have it done. I hope Philippines some day learn. 😊
@dongshengdi773
@dongshengdi773 Жыл бұрын
Nah . The Philippines will never go anywhere . The government uses institutionalized corruption . Every government official wants a piece of that pork barrel .
@explanoit
@explanoit Жыл бұрын
Can you put references in description please? Thank you
@swahareddy8822
@swahareddy8822 Жыл бұрын
Great video!
@StephenGillie
@StephenGillie Жыл бұрын
Supposedly Wootz steel makers used Monsoon winds to drive their furnaces, making the coals hot enough to melt the steel. The real challenge with steelmaking back then was getting impurities to not lump up, and Wootz/Damascus steel did this by folding the metal a few times to spread out the impurities - this leaves the trademark wavy streak of impurities on the blade. Japanese swordmakers later took this folding to a whole other level.
@akhilnandhramesh6029
@akhilnandhramesh6029 Жыл бұрын
Would there be a follow up video on this, on tata steel’s current status
@ramdharisinghdinkar1069
@ramdharisinghdinkar1069 Жыл бұрын
Wonderful research
@terrano4392
@terrano4392 Жыл бұрын
Great video bro❤❤❤❤
@Sir_Uncle_Ned
@Sir_Uncle_Ned Жыл бұрын
Steel is such a versatile material
@abhigyanghosh9330
@abhigyanghosh9330 Жыл бұрын
The 19:14 image is not from Jamshedpur. I don't know where you found it
@garethwynlewis402
@garethwynlewis402 Жыл бұрын
Brilliant stuff being Welsh and just round the corner from Port Talbot after watching this i wont regard Tata as forgien Corp seeing the amazing shared history we share
@sunilbose1442
@sunilbose1442 Жыл бұрын
I think the tatas have long since identified as an international organization rather than just an Indian company. They try to serve the community of whichever country they operate in
@t1t0s89
@t1t0s89 Жыл бұрын
Ooo... Interesting choice of topic
@rollinwithunclepete824
@rollinwithunclepete824 Жыл бұрын
Very interesting, Jon! But all your videos turn-out to be very interesting
@Prem-uh1hu
@Prem-uh1hu Жыл бұрын
I always wondered what made the Parsis such successful businesspeople in India. Can anyone explain??
@adityaraj-kn3ux
@adityaraj-kn3ux Жыл бұрын
1. They were open to Western education. 2. They had strong connections. 3. They did not shy from going outside to learn new business ideas. 4. Many of them helped the British in early times to trade through mumbai.
@Theamanhanda
@Theamanhanda Жыл бұрын
very well made video !!!!!
@sahhaf1234
@sahhaf1234 Жыл бұрын
This is a nice diversion from VLSI industry. I hope you will also make some forays into chemical industry...
@abi3751
@abi3751 10 ай бұрын
He had already done this before
@sahhaf1234
@sahhaf1234 10 ай бұрын
@@abi3751 can you send a link?
@abi3751
@abi3751 10 ай бұрын
@@sahhaf1234 I meant not this particular video, I told he had already diverted into other industries even before this video
@grossersalat578
@grossersalat578 Жыл бұрын
20:50 Can someone say how they resolved the labor productivity issues?
@arthurkirin
@arthurkirin Жыл бұрын
Long awaited on Indian industries
@jfkastner
@jfkastner Жыл бұрын
Well done, thank you!
@aloksharma4611
@aloksharma4611 Жыл бұрын
Thanks!
@valopf7866
@valopf7866 Жыл бұрын
Please just make the France Industrial espionage video! Waiting since months on that one.
@kristoffermangila
@kristoffermangila Жыл бұрын
You know that this is an Asian-themed channel right?
@valopf7866
@valopf7866 Жыл бұрын
@@kristoffermangila Asia mostly. But not always
@MrWolfstar8
@MrWolfstar8 Жыл бұрын
Really great video
@iyyappan_nathan
@iyyappan_nathan Жыл бұрын
Good job !
@aran145
@aran145 Жыл бұрын
your videos and research is a gem
@armineser2591
@armineser2591 Жыл бұрын
Interesting video. To add some more background: India was meant to export agraic goods to England and import industrial goods. Not even Britishers were allowed to import machinery and start industries. However the British were also free traders. So when Britain couldn't compete with US steel any longer the British didn't mind Indians producing their own steel. In the 1920s there was policy change. Many industries which were believed to be able to be competitive in the long run got protective tariffs limited to ten years. I believe this was partly because India helped Britain in WW1 and partly because education took off from very low levels from around 1900. Too many educated unemployed men. Plus some Britishers might have suspected that the Versailles treaties may cause trouble later. Even Churchill opposed Versailles. So good to have a strong India. And indeed India was an important party to WW2. However that last point I haven't read. Just my personal suspicion.
@avishjha4030
@avishjha4030 Жыл бұрын
FYI, that picture you used at 19:22 is not of Jamshedpur, can confirm that as a native, we do not have tall buildings like that to this date.
@azrafan2814
@azrafan2814 Жыл бұрын
Please also reference that the Tatas earned a vast majority of their fortune during the opium wars trading opium and tea with China. they say the roads of bombay are paved by the opium gold of the Tatas.
@Erik-gg2vb
@Erik-gg2vb Жыл бұрын
Thanks for the story.
@sahhaf1234
@sahhaf1234 Жыл бұрын
I hope you will continue with tata steel's story..
@gustavludwig9719
@gustavludwig9719 Жыл бұрын
Would you please make an episode about computational lithography?Recently I watched nVidia‘s GTC 2023 keynote ,“CuLitho”,very interesting,thx
@montecorbit8280
@montecorbit8280 Жыл бұрын
At 3:28 Iron pole never rusting.... Actually it did rust!! You can tell that my looking at the pictures you submitted. It formed a patina of iron oxide that protected the rest of it. Otherwise it would be bright and shiny. This is also why the Statue of Liberty is green instead of brown like the copper she is made from....
@kirtipandit2010
@kirtipandit2010 Жыл бұрын
No it's not rusted yet other famous steel from India was Damascus blade steel which is exported from India to Arab world
@montecorbit8280
@montecorbit8280 Жыл бұрын
@@ff20e03bbc That is also an oxide layer that forms of patina that ends up protecting. Oxide is rust....just this rust happens to be a good thing!!
@scowell
@scowell Жыл бұрын
And now it's known as the sponsor of a premier chess tournament... the Tata Steel!
@LuciFeric137
@LuciFeric137 Жыл бұрын
Excellent
@osamaobama1574
@osamaobama1574 Жыл бұрын
You forgot to add maharaja of mayurbhanj who provided concession to tata to build tata steel at sakchi village
@muzdokgober9371
@muzdokgober9371 Жыл бұрын
Review about Krakatau steel from Indonesia
@sylwesterirla9246
@sylwesterirla9246 Жыл бұрын
thank you
@edmundironside9435
@edmundironside9435 Жыл бұрын
Would you be interested in doing a video on Infosys?
@ptptpt123
@ptptpt123 Жыл бұрын
Awesome story.
@pankesh001
@pankesh001 Жыл бұрын
thanks for amezing content
@snowflakemelter1172
@snowflakemelter1172 Жыл бұрын
I worked in the welding and fabrication industry and no one in Europe was using Indian steel for civil engineering on saftey grounds until very recently, in ship building Indian built vessels were insured with a much shorter lifespan.
@randydewees7338
@randydewees7338 Жыл бұрын
Wow, A brave man and a brave family
@nuchadoaboutnothing
@nuchadoaboutnothing Жыл бұрын
The video is fantastic as always, its staggering to find a combination of knowledge of physical processes, economics, history and financial research ( Im always impressed by the source of the data on steel prices and operating margins on a company one hundred years ago), so well combined into a whole 20m video. When you see developmental economics in university so much of the interdisciplinary aspects are overlooked but they are the crux of the problem, the combination of these factors are what makes many developmental plans fail in the periphery and even unlimited govt subsidy cannot change some aspects of the laws of physics (i was specially reminded by the early start of the steel production and how Mao wanted to produce steel at any cost ignoring quality and factors of scale in early chines development. Taking these into account, these various forces are essential for any kind of "complete" developmentalist understanding.
@CheefSmokealot64
@CheefSmokealot64 Жыл бұрын
India didn’t build any steel factories by themselves. Indian gov paid American companies to build steel factories all around India. My uncle Joseph built steel factories after WW2 for 30 yrs. From the late 1950’s through the 1960’s and 1970’s my uncle and the company he part owned and worked in for many years building many steel factories in several cities around India. My uncle Joe would spend about 6 months building a factory in India while living in an Indian house that he rented. He even had an Indian girlfriend that did all the housework and cooking for him. I remember him telling me he and his company built steel factories all over India, including the cities of Mumbai, Bhilai, Jamshedpur, New Delhi, and Jajpur.
@mayurkanth6987
@mayurkanth6987 10 ай бұрын
Not just American but soviet unicon, Germany and all other western countries. India missed the industrial revolution under British Raj. We had no other option
@DirkusTurkess
@DirkusTurkess Жыл бұрын
Gives show us your Tata's a whole new meaning.
@crazydrifter13
@crazydrifter13 Жыл бұрын
Tata is lob❤ here in India
@thechosenone1533
@thechosenone1533 Жыл бұрын
Other companies built brands but the Tatas built a nation. They gave us Tata Steel, technology institutes like the IITs,cancer research facilities,our first airline,etc.
@kalui96
@kalui96 Жыл бұрын
Without using any military operations, the Indians, through businesses such as Tata, have conquered British companies such as Land Rover and Jaguar. I find this hilariously ironic, and beautiful.
@greatwolf5372
@greatwolf5372 Жыл бұрын
Their Prime Minister is now Indian too. Its over for Britcels.😂
@RahulSharma-jm9ir
@RahulSharma-jm9ir Жыл бұрын
@@greatwolf5372 tbf his parents migrated from present day pakistan
@richardarriaga6271
@richardarriaga6271 Жыл бұрын
​@@greatwolf5372 Just think how racist Churchill was towards them and now a Hindu is the Tory PM.
@rutvikrs
@rutvikrs Жыл бұрын
​@@RahulSharma-jm9ir nope he is a twice migrant from East Africa. He has clarified that he identifies as Indian not Pakistani.
@bobobobo1693
@bobobobo1693 Жыл бұрын
Proud of brain drain? I don't get you people.
@ps-uj5dm
@ps-uj5dm Жыл бұрын
11:14 a true Indian 😂
@AbhishekVermaBharat
@AbhishekVermaBharat Жыл бұрын
Do more indian companies
@rogerhill138
@rogerhill138 Жыл бұрын
So Tata started making steel in 1907 under the British Empire using British Technology.
@AryanKumar-yd3mc
@AryanKumar-yd3mc Жыл бұрын
And Now TATA alone produces more than double the steel than UK annually
@amorosogombe9650
@amorosogombe9650 Жыл бұрын
Colonisation was a well thought out commercial enterprise. It was about money, money, money. It wasn't about evangelicalism etc.
@bebokRZly
@bebokRZly Жыл бұрын
I bet I am not the first guy who asks about similar material about Arcelor Mittal :)
@alanywalany6460
@alanywalany6460 Жыл бұрын
I fucking love steel
@sillystuff6247
@sillystuff6247 Жыл бұрын
good stuff
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