2015 – 175th Birth Anniversary of Jamsetji Tata - Proof Set

The Link to All Articles is here

The Link to Proof and UNC sets is here

This post gives the details of Proof Set. For UNC Set refer to the next post. For Hyderabad Mint Single Coin Set refer to this link.

In a first release ceremony for the year 2015, the coins commemorating the 175th Birth anniversary of Jamsetji Tata were released.

Release Function: 6-Jan-2015
The Prime Minister, Shri Narendra Modi releasing the commemorative coin to mark the 175th birth anniversary of Jamsetji Nusserwanji Tata, in New Delhi on January 06, 2015. MoS (Finance) Jayant Sinha and Tata Sons chairman Cyrus Mistry were present on the occasion.

https://www.youtube.com/watch?v=i4FO66kzhGk

Tata Press Release

Jamsetji Nusserwanji Tata (3 March 1839 – 19 May 1904) was an industrialist, who founded the Tata Group, India's biggest conglomerate company. He was born to a Parsi Zoroastrian family in Navsari then part of the princely state ofBaroda.

He founded what would later become the Tata Group of companies. Jamsetji Tata is regarded as the legendary "Father of Indian Industry".

Jamsetji worked in his father's company until he was 29. He founded a trading company in 1868 with Rs. 21,000 capital. He bought a bankrupt oil mill at Chinchpokli in 1869 and converted it to a cotton mill, which he renamed Alexandra Mill. He sold the mill two years later for a profit. He set up another cotton mill at Nagpur in 1874, which he christened Empress Mill when Queen Victoria was proclaimed Empress of India on 1 January 1877.

He devoted his life to four goals: setting up an iron and steel company, a world-class learning institution, a unique hotel and a hydro-electric plant. Only the hotel became a reality during his lifetime, with the inauguration of the Taj Mahal Hotel at Colaba waterfront in Bombay on 3 December 1903 at the cost of 42 million rupees. At that time it was the only hotel in India to have electricity.

His successors' work led to the three remaining ideas being achieved:

• Tata Steel is Asia's first and India's largest steel company. It became world's fifth largest steel company, after it acquired Corus Group producing 28 million tonnes of steel annually.

• Indian Institute of Science, Bengaluru, the pre-eminent Indian institution for research and education in Science and Engineering.

• Tata Hydroelectric Power Supply Company, renamed Tata Power Company Limited, currently India's largest private electricity company with an installed generation capacity of over 8000MW.

Proof Set:
Coins of Rs 100 and Rs 5