I admire Tata primarily for his three last projects. He conceived them late in life. He must have known they could take decades to complete. A truly visionary entrepreneur builds for succeeding generations, not just the initial public offering. In the case of the power and steel projects, it is hard to disentangle whether he conceived of them out of a sense of duty to his country or out of sound, long-term business sense. Often, opportunities for business coincide with the needs of a country, but it takes vision to find them.

Tata aspired to the hard-to-achieve. He did not choose the easiest paths to greater wealth. Finally, he believed in people. His use of professional management and his investment in scientific education and research in India are testament to this.

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