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In Gandhi’s FootstepsThe Life and Times of Jamnalal Bajaj$
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B. R. Nanda

Print publication date: 2002

Print ISBN-13: 9780195663433

Published to Oxford Scholarship Online: October 2012

DOI: 10.1093/acprof:oso/9780195663433.001.0001

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The Merchant Prince

The Merchant Prince

Chapter:
(p.12) 2 The Merchant Prince
Source:
In Gandhi’s Footsteps
Author(s):

B. R. Nanda

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195663433.003.0002

This chapter shows how Jamnalal ran the family businesses after the death of his grandfather and older brother, Madhav. It describes Jamnalal as a shrewd and intelligent businessman, although some of his ethical ideas and practices troubled his staff. It identifies his travels for his cotton business to Bombay and meetings with fellow businessmen who would supply him with ‘commercial intelligence’. The next section takes a look at Jamnalal’s efforts to expand and consolidate his businesses, as well as the start of his friendship with Srikrishnadas Jajoo. It is followed by a discussion of Jajoo’s college education, and compares it to Jamnalal’s lack of the same. The chapter also considers Jamnalal’s philanthropic and educational ventures, his friendship with Sir Jagdish Chandra Bose, and the end of his business partnership with Seth Ramgopal.

Keywords:   business expansion, family businesses, philanthropic ventures, educational ventures, partnership, Srikrishnadas Jajoo, Sir Jagdish Chandra Bose

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