Word: dadabhoy
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Buzzing onto the runway of Bombay's Juhu Airport, the single-engined de Havilland Leopard-Moth looked as if it might be powered by rubber bands. But the 1933-vintage monoplane was admirably airworthy. Out of the cockpit popped dapper Jehangir Ratan Dadabhoy Tata, 58, chairman of the country's flag-line Air-India, and India's foremost industrialist. Tata piloted the old flying machine over the 662-mile route from Karachi to Bombay to celebrate the 30th anniversary of India's first airmail flight, which he himself flew in a Puss Moth, the cousin...
...Wages. Many nations that once produced no steel or very little have begun developing their own industries, often with U.S. aid. India, for example, is modernizing and expanding its steel plants under the leadership of Steel Baron Jehangir Ratan Dadabhoy Tata, who has expanded his huge plant to a capacity of more than 1,500,000 tons of salable steel annually. Canada, once a prime market for U.S. steel, has steadily supplied more of its own needs from its growing steel industry...
...York last week came a distinguished Indian visitor seeking money. But unlike some visitors, this one wanted not a handout from the U.S. taxpayer but a private loan. Lean, handsome Jehangir Ratan Dadabhoy Tata, 53, chairman of Tata Enterprises, was looking for an additional $17.5 million of private financing for a 700,000-ton expansion of the Tata Iron & Steel Co. works at Jamshedpur, India. Topping a 500,000-ton addition under way, the expansion will raise steel output from 800,000 to 2,000,000 tons by late 1958, make the plant by far the largest integrated steel mill...
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