Air India

3 INDEXED REFERENCES2 INVESTORSFIRST INDEXED 2011LAST 2024

Flag carrier founded by the Tatas in 1932, nationalised and later re-privatised.

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JRD Tata · 2024 · Wikipedia

JRD Tata — Wikipedia biography

In 1932 he flew the first commercial mail service from Karachi to Bombay, founding Tata Airlines — later nationalised as Air India — making him both the licensed pilot and the founder of Indian civil aviation in a single act.

JRD Tata · 2020 · Tata Sons

JRD Tata — Profile (Tata.com)

His long advocacy for aviation culminated in Air India International in 1948, a long-haul carrier that established India's early presence in international air transport before the state took full control of the airline in the 1950s.

Y.C. Deveshwar · 2011 · Wharton School, University of Pennsylvania

ITC Chairman Yogi Deveshwar: Creating a 'Future-ready' Conglomerate — Knowledge@Wharton interview

Deveshwar joined ITC in 1968, became chairman in 1996, and from 1991 to 1994 served as chairman and managing director of Air India — a brief detour through India's national carrier between two ITC tenures. Returning to ITC in 1996, he faced the choice of staying in the comfort zone of a tobacco business ITC had run for nine decades or creating multiple new growth drivers to match the emerging Indian economy.

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