This is a narrative from 1858 India when the British Raj had just overthrown the East India Company and assumed control of the country. The world was going through a Textile Revolution at the time, and the cotton business was one of the most prosperous in history.

The reason for this was that India had both fertile grounds for growing cotton and strategically located seaports to feed the textile mills in Manchester and Lancashire. Therefore, Britain began purchasing India's produce under its administration's monopoly. As a result of this situation, demand for cotton in India increased to the point where India alone supplied 31% of British cotton imports in 1860.

However, by 1862, this figure rose to 90 percent, signalling the start of India's cotton revolution. Despite the fact that demand fell after the civil war ended, India's cotton growers continued to supply 67% of Britain's cotton imports in the final years of the war.

Jamsetji Tata's father, Mr. Nusserwanji Tata, was a trader at the time, and Jamsetji Tata was merely assisting his father in his company. This is when he became aware of the unfolding events in the cotton sector. In 1869, he completed his experimental project, purchasing a bankrupt oil mill in Chinchpokli, converting it to a cotton mill, and selling it for a profit in under two years.

He acquired the fundamentals of the cotton industry at this time. But, before launching his main business venture, he chose to conduct extensive market research on the cotton industry. He went to England to research market trends after realizing that the West was at least a century ahead of the East in terms of technology and civilization at the time.

As a result, he planned his journey to include stops at the world's most important business locations. Among the countries participating were Egypt, Syria, Palestine, Turkey, and Russia. He studied the business environment at each location and kept meticulous records in his diary. This is when he realised India had all of the golden components for establishing a cotton empire. India had a coal mine for energy, a large population to provide labour, lush terrain to grow cotton, and, most crucially, the tragic ports connecting the world's most vital destinations.

Jamsetji Tata was so interested in the progress that he invested much in research and development and spent months studying the business in Europe. During one of these trips in 1883, his technical expert James Brooksby noticed ring frames being used in the United States and immediately sent them back to the mill in Nagpur for testing.

The inventors had not yet put these frames to the test. But Jamsetji Tata was so astute that he seized up the ring spindle experiment and put his staff to work on the concept. Jamsetji Tata requested that the entire mill be equipped with this technology even before the innovators in the United States or the British tested it on a significant scale, and the results were extraordinary.

They were able to achieve 6000 revolutions on typical days, but with this approach, they were able to achieve 9000 to 12,000 revolutions in no time. As a result, the company's dividends increased to 16 percent, and earnings increased dramatically. This is how, through significant research and continual invention, the 'Empress mill' becomes one of the most profitable enterprises in the country, giving stockholders close to 18 lakh rupees over the following 30 years, which is roughly comparable to more than 100 crores in today's world. This is what gave birth to the illustrious Tata Group and made Jamsetji Tata one of the world's wealthiest individuals.

Jamsetji Tata, on the other hand, did not relent. Even in his final days, he worked tirelessly to establish a steel plant in India so that India might benefit from the global steel revolution. Apart from that, he built the Swadeshi Mill as a capitalistic contribution to the independence even before the Swadeshi movement began.

The most incredible aspect of this noble individual is that he donated so much of his fortune that, after inflation, his gift is worth $102 billion, which is even more than Bill Gates' contribution. As a result, he is the most generous individual of the twentieth century. These are just a few of the many reasons why Jamsetji Tata is considered as one of India's finest business person.