Ratan Tata :Tata company was once on the verge of being sold, this woman mortgaged jewelry to save

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Ratan Tata is one of Indias biggest industrialists. Despite being such a big businessman, Ratan Tata lives a very simple life. Ratan Tata is a source of inspiration for the small and big industrialists and youth of the country today.

December 28 is Ratan Tatas birthday. Ratan Tata has spent his entire life in the name of Tata Group. Today we are going to tell you about one such company. This company is very close to Ratan Tatas heart as this is where his career began. This company is none other than Tata Steel.

Tata Steel is close to Ratan Tatas heart

It is impossible that Ratan Tata is being talked about and there is no mention of Tata Steel. Tata Steel is so close to his heart because thats where he started his career.

Ratan Tata joined Tata Steel as a trainee and from here he became the chairman of the Tata Group. Today Tata Steel is one of the leading companies in the country. The company was started in 1907. From the shackles of slavery to the new dawn of freedom, this company saw great ups and downs. But today this company is one of the successful steel companies of the country.

However, there was a time when Tata Steel did not even have money to pay salaries to its employees. The year 1942 was when Tata Steel was going through a bad phase. Then the entire responsibility of the company was on the shoulders of Dorabji Tata. Dorabji Tata was very worried about this financial crisis of his company. They could not figure out a way to save the company from this big crisis.

Then Lady Meherbai, wife of Sir Dorabji Tata, suggested the company to avoid this financial crisis by mortgaging her jewellery. He had one necklace of 245 carats. It was made of diamond. At that time the value of that diamond was about 1,00,000 pounds. By mortgaging this loss, he decided to bail out the company from the financial crisis. Today, Tata Steel is one of the top steel companies in the country.

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