Background
Ratanji was born in Navsari in Gujarat in 1856.
Parsi businessman industrialist of India
Ratanji was born in Navsari in Gujarat in 1856.
He studied at the Elphinstone College in Bombay.
Ratanji is the father of JRD. Under the name & Company, Ratanji ran an opium importing business in China, which was legal at the time. In 1887, he and other merchants such as David Sassoon presented a petition on behalf of the opium traders to complain about a Hong Kong Legislative Council bill that threatened to affect their trade.
Director of Steel Steel was conceived and commissioned by Jamshedji. However, Jamshedji died before the completion of the project
Ratanji played an important role in the completion of the Steel Project along with Jameshdji"s son Dorab and thus Steel was established in Jamshedpur.
The s supplied steel to the British during the First World War. However, after the war Steel went through a difficult period in the 1920s as steel was dumped into India from Britain and Belgium. Ratanji, along with other directors successfully sought protection for the Indian steel industry from the colonial government of the day and steadied the operations of Steel.
Ratanji died in 1926 at the age of 70.
JRD succeeded him as one of the permanent directors of Sons. On his death Jamnalal Bajaj wrote: "If all businessmen in India would acquire half his love for things Indian, there is no reason why all our enterprises should not flourish.".