Thoughts and views of Tata chairmen down the years
We do not claim to be more unselfish, more generous or more philanthropic than other people. But we think we started on sound and straightforward business principles, considering the interests of the shareholders our own, and the health and welfare of the employees the sure foundation of our
The welfare of the labouring classes must be one of the first cares of every employer. Any betterment of their conditions must proceed more from the employers downward rather than be forced up by demands from below, since labour, contented, well-housed, well-fed, well-brought up, generally well-looked after, is not only an asset and advantage to the employer, but it also serves to raise the standard of industry and labour in the country. In looking after the labour of today, we are also securing a supply of healthy and intelligent labour for the future.
No success in material terms is worthwhile unless it serves the needs and interests of the country and its people, and is achieved by fair and honest
I believe the Tata model of business is a more sustainable one — simply because we really do care. If industry is numb to the concerns of civil society, if it considers itself beyond the pale of public good, or even if it needs government diktat and monitoring to do the right thing, then I don't see how such an industry can survive for long. Tata companies are different in this respect because they have always done what is required by the letter and spirit of the laws of the land, and oftentimes much more.