In 1907 tisco was set up by dorabji tata and elder son jamsedji tata in the bank of swarnarekha river

When TISCO set up in India
TISCO, which stands for Tata Iron and Steel Company, set up its operations in India in 1907. Here is a detailed explanation of the establishment of TISCO in India:

Historical Context
- TISCO was established by Jamshedji Tata, a prominent industrialist in India, with the aim of producing steel in the country.
- At that time, India was importing steel from other countries, which was not only expensive but also hindered the country's industrial growth.

Reasons for Setting Up
- TISCO was set up in India to reduce the dependency on imported steel and promote industrialization in the country.
- The company aimed to produce high-quality steel at competitive prices to meet the growing demand in various sectors.

Impact on Indian Economy
- The establishment of TISCO in India was a significant milestone in the country's industrial development.
- It led to the growth of the steel industry in India and contributed to the overall economic growth of the country.

Role in Nation Building
- TISCO played a crucial role in nation-building by providing employment opportunities to thousands of people.
- The company also contributed to the development of infrastructure projects in India, such as railways, bridges, and dams.

Legacy of TISCO
- TISCO's success in India paved the way for other companies to invest in the country's industrial sector.
- The company's legacy continues to inspire the growth of the steel industry in India and its contribution to the national economy.
In conclusion, the establishment of TISCO in India was a turning point in the country's industrial history, leading to economic growth, employment generation, and infrastructure development.