http://www.moneycontrol.com/news/business/companies/lockheed-signs-pact-with-tata-to-make-f-16-planes-in-india-2307607.html
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Air India was earlier Tata Airlines During Kashmir operations ( 1947-48 ) Tata Airways ' planes were used to transport Indian troops to Kashmir.
(.Its nationalisation was a wrong move ) Nehru 's polices PSU s - corruption/ mismanagement / misappropriation.
History
1929: JRD Tata, a board member of Tata Sons and later chairman of the Tata group, receives India’s first pilot licence.
1932 : Tata Sons set up Tata Airlines Ltd with Rs 2 lakh (around $3,000) as initial investment. JRD Tata himself flew the first flight between Karachi and Bombay in a Havilland Puss Moth, carrying 25 kilograms of mail.
1937: A regular service between Delhi and Bombay is launched and the flight carries mail and passengers
1946: Tata Airlines becomes a public company and is renamed Air India Ltd. India’s national airline was once headquartered at the Tata head office in Bombay.
1948: Air India decides to launch its international operations and submits a proposal to the government.
1953 – Air India is nationalized, and JRD Tata is appointed as the company’s first chairman and serves till 1977, when the new government decided to unceremoniously terminate his services.
https://qz.com/323808/a-short-history-of-tatas-long-tryst-with-indias-aviation/
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. Similarly, Bharat Airways ( of Birlas ) became Indian Airlines.The Company changed its name to Bharat Commerce ( now liquidated ). Bharat Commerce , also, owned a Spinning Mill at Rajpura -Punjab ( Dhagaa Mill)
1 comment:
In my childhood ,mid 1960 s when we were at Rajpura ( Punjab ) , the daily routine of the residents of Rajpura was guided by the " ghughoo " ( Factory's Sirens ) of the "Dhaga Mill " ( Yarn Mill ) of the then blue chip Bharat Commerce And Industries Limited .
Today the " Dhaga Mill " of Rajpura is history.
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