HistoryConsider the given statement as true or false:Jamsetji Tata established a factory during the colonial period.

Consider the given statement as true or false:


Jamsetji Tata established a factory during the colonial period.


  1. A
    True
  2. B
    False  

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    Solution:

    The given statement is true. Jamsetji Tata established a factory during the colonial period.
    In 1869, Tata bought an oil mill in Chinchpokli that had gone out of business and turned it into a cotton mill that he renamed Alexandra Mill. He made money when he sold the mill after two years. Later, in 1874, Jamsetji Tata started a new business in Nagpur called the Central India Spinning, Weaving, and Manufacturing Company. He did this because Nagpur seemed like a good place to start a new business.
     
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