2nd APR 1877-5th NOV 1929 NAROTTAM MORARJEE_ARCHITECT OF MODERN INDIAN SHIPPING
Printing Process : Photogravure
Number Printed : 30,00,000
Printers : India Security Press
Name : Narottam Morarjee
Born on Apr 2, 1877 at Porbandar, Gujarat, India
Died on Nov 5, 1929
About :
- Narottam Morarjee was born on April 2, 1877 at Porbandar. Narottam lost his fatherMorarjee Goculdas, a textile magnate, at the age of four. His two illustrious tutorsNarayan Chandavarker and Gopal Krishna Gokhale instilled in him a high sense of patriotism. Later he joined Elphinstone College, Bombay but gave up studies to join his father’s firm which managed two mills – Morarjee Goculdas Mill of Bombay andSholapur Mill of Sholapur.
- Narottam Morarjee came into close contact with such luminaries on the Indian political scene as Mahatma Gandhi, Dr. Annie Besant, Dadabhai Naoroji, Rabindranath Tagore, Sarojini Naidu and Motilal Nehru. Inspired by the wave of national resurgence generated by Mahatma Gandhi’s gospel of Swaraj, Narottam Morarjee and his associates embarked upon a national shipping venture and the Scindia Steam Navigation Company Limited came into existence on March 27, 1919. Thus were laid the foundations of modern Indian shipping.
- On April 5, 1919, Scindia’s first ship s.s. LOYALTY sailed from Bombay to the United Kingdom and unfurled the flag of Indian shipping in international waters. The epic voyage symbolised the regeneration of a vanquished national industry, development of neglected ports, growth of Indian trade, prevention of drain of wealth andopening of a career at sea to the Indian youth. It was with infinite patience and tenacity of purpose that Scindias conducted the long Voyage towards their goal.
- For ten years Narottam Morarjee guided the destiny of the Scindia Company and promoted the interests of the Indian shipping industry. The progressive growth of the Indian shipping bears testimony to his vision and foresight.
- Narottam Morarjee, the architect of the modern Indian shipping, passed away on November 5, 1929. In an obituary tribute Mahatma Gandhi wrote in Young India : “The tragic death of Sheth Narottam Morarjee removed from our midst a merchant prince who combined patriotism with commercial ambition …. His latest enterprise, the Scindia Steam Navigation Company, was conceived as much through patriotism as through ambition. His charities were wide, discriminating and in keeping with the modern requirements. The removal of
Narottam Morarjee
From Wikipedia, the free encyclopediaNarottam Morarjee (1877-1929) was an eminent Indian businessperson with major interests in shipping and textiles.[1][2]Narottam Morarjee was born on 2 April 1877 at Porbandar. His father Seth Morarjee Goculdas was a pioneering textile magnate. He studied at Elphinstone College. He started managing two mills- Morarjee Goculdas Mill of Bombay and Sholapur Mill of Sholapurwhile studying.[3]Narottam Morarjee later came into close contact with Mahatma Gandhi, Dr, Annie Besant, Dadabhai Naoroji, Rabindranath Tagore, Sarojini Naidu and Motilal Nehru.Narottam Morarjee joined hands with Walchand Hirachand, to finance and establish The Scindia Steam Navigation Company Ltd. along with another Gujarati businessman Kilachand Devchand, which was founded on 27 March 1919. On 5 April 1919, Scindia's first ship s.s. LOYALTY sailed from Bombay to the United Kingdom and unfurled the flag of Indian shipping in international waters.Narottam Morarjee died on 5 November 1929. Walchand Hirachand, ran some of his ventures till a year before, he died in 1953. Narottam Morarjee's son Shantikumar[4] filled in posts of his father. But the group was indebted with liabilities and ultimately, Morarjee Goculdas Mill was taken over by Seth Piramal Chaturbhuj, patriarch of the Piramal family. While, after death of Walchand in 1953, the Scindia Shipping was completely taken over by Narottam Morajee group but shipping business, could not survive the changes and stopped doing business. Scindia Shipyard, a subsidiary of Scindia Steamship, in which Narottam Morajee, Walchand & Kilachands had stakes was nationalized by government in 1961.The Government of India issued a postage stamp in his honor in 1977. [2]such a son of India at this juncture is a great loss to the country”.Further, Government of India, established under the joint auspices of the Government of India and Indian Shipping Industry at Mumbai for Diploma courses in Shipping Management, which has been named Narottam Morarjee Institute of Shipping, after him.[5]
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Golden Jubilee of Maritime Day – 50 years of shipping saga
The Golden Jubilee of National Maritime Day was celebrated this year from March 29 to April 5.
Shipping plays a vital role in the nation’s development and economic growth. The exim trade of a country is one of the key drivers. More than 90% of global trade by volume and about 70% by value is transported through the sea route. With a vast coastline of over 7,500 km with 13 major ports and 187 non-major ports, India is one of the leading maritime nations of the world.
The S.S.LOYALTY owned by Scindia Steamship Navigation Company was the first Indian ship of the modern era to set sail from Bombay to London on April 5, 1919. The date remained a memorable day in India’s maritime history and the year 1964 saw the birth of celebration of the Maritime Day in India.
The celebrations started from the decision of the National Welfare Board for Seafarers, which was a statutory body constituted under the Merchant Shipping Act, 1958. The Board at its third meeting held in Madras on Jan. 11, 1964, under the Chairmanship of the Union Minister of Transport, recommended that April 5 be celebrated as the National Maritime Day every year. The first National Maritime Day was thus celebrated on this date in 1964 and the saga continues every year.
In addition to celebrating the sailing of LOYALTY, the National Maritime Day is designed to create reawakening and resurgence of the maritime consciousness of our people, and this purpose is ably being served as there is a growing consciousness about the maritime sector amongst the public who otherwise remain oblivious of this industry. National Maritime Day is significant for developing consciousness in the society about the importance of the maritime sector and its contribution to the Indian economy.
The National Maritime Day Celebrations Central Committee was proud to celebrate the 50th National Maritime Day on the theme “Last 50 years of Indian Shipping – Introspection & Way Ahead”.
The Scindia Steam Navigation Company was one of the oldest Indian shipping companies. Founded in 1919, envisioned by Walchand Hirachand, it was a joint venture of Walchand along withNarottam Morarjee and Kilachand Devchand, all of them businessmen hailing from Gujarat.
It played a significant role in Indian Independence. It was the first large scale Indian owned shipping company and started an India – Europe service with the LOYALTY (ex-EMPRESS OF INDIA (1)), but was forced to sign a 10-year agreement with British companies and its shipping route was restricted to the Indian coastal shipping trade for this period. In 1932, the company purchased the Bengal Burma S.N. Co. The company entered the pilgrim trade to Saudi Arabia in 1937 and in the same year took over the Indian Co-operative Navigation and Trading Co. and the Ratnagar S.N. Co. 1939 Bombay S.N. Co. acquired and 1941 Eastern S.N. Co. also taken over.
Services between India and the U.S.A began in 1947 and regular passenger and cargo services between Calcutta and the U.K./ Continent started in 1948. In 1950, a cargo and passenger service opened between India and Singapore and in 1954 an India to East Africa route was inaugurated. An India to West Africa service commenced in 1956 and in 1964 a Calcutta – Great Lakes service started. In 1968 a service to the Persian Gulf was started. Scindia also operated services to Australia and New Zealand.
Following the global shipping slump of the 1980s, Scindia S.N. Co. gradually sold off its fleet and ceased trading.
FORMATIVE PERIOD
In 1919, after the end of the First World War, Walchand Hirachand, with several of his friends, bought the steam ship SS LOYALTY from the Scindias of Gwalior. The vessel had been a hospital ship for Indian troops in the First World War. Hirachand‘s business premise was that the post-war years would also spell massive growth for the shipping industry just as the war years had done; however, British companies such as P & O and BI (British India shipping) were strong in the shipping industry and this combined with political inertia had caused most of the previous attempts to establish competing Indian companies to fail.
Scindia’s founders, Narottam Morarjee and Walchand Hirachand, formed the new company to take on the entrenched British interests and create India’s own mercantile fleet. Equipped with a ship Walchand named his company The Scindia Steam Navigation Company Ltd. On April 5, 1919 the SS LOYALTY sailed to the United Kingdom. This occasion was commemorated with the establishment of a National Maritime Day of India, celebrated for the first time on April 5, 1964, and annually thereafter.
The company was recognised as the first Swadeshi shipping company in the true sense of the term and was referred to widely in Mahatma Gandhi’s columns in Young India and Harijan on the Swadeshi Movement, the boycott of foreign goods and the non-cooperation movement. The new company started with passenger services but quickly concentrated on cargo to avoid competition with P & O. The company barely managed to survive after entering into agreements on routes and fare wars with its foreign competitors. However, Walchand still supported new indigenous shipping ventures, as he believed that a strong domestic shipping industry was vital.EXPANSION & COMPETITION
In 1923, the company signed a 10-year agreement with Lord Inchcape of P & O and British India, which restricted Scindia to coastal trade only, but still allowed the company to expand steadily. In 1929, Walchand became the Chairman of Scindia Steam and continued in the same position till 1950, when he resigned on grounds of ill health. By 1953, the company had secured 21% of Indian coastal traffic. The reservation of coastal shipping for Indian nationals, though pressed for since 1928, only came to pass in 1951 when Scindia became part of the Indian Coastal Conference.
To able to survive against competition in the shipping market from British and other foreign businesses, Walchand had developed supporting businesses such as insurance. He also believed that there was a strong need for a shipyard in India and started work on one in 1940 at Visakhapatnam, named Scindia Shipyard, later renamed as the Hindustan Shipyard Limited.
Its first ship, the 8000-ton Jalusha was launched soon after Independence by Jawaharlal Nehru in 1948. However, the shipyard came under Government control a few months later due to the presumed importance of the project to the country’s security and economic growth and was fully nationalised in 1961. The intervening years had been beset by harsh competition with the larger British shipping concerns. Passenger services were started with subsidiary companies, for the Burma trade and the Haj trade to Saudi Arabia. The war left a legacy of ships in poor condition, and a much smaller fleet.
POST WAR SCENARIO
Following Indian Independence in 1947, Scindia, supported by the Government, entered the US and UK passenger and cargo trades, and later traded to Australia and Singapore. Business was rationalized with many small subsidiaries being wound up. The Government continued to support the company with loans for expansion plans, and in 1958 the National Shipping Board was formed, marking the progress made by the Indian shipping industry. In the 1960s cargo services went to Germany, the Pacific coasts, Poland and Canada, with increasingly large ships. Following the global slump in the 1980s Scindia ceased trading.
Scindia Steam Navigation Company (SCINDIA), incorporated on March. 27, 1919, was established as a shipping company. Since April 1997, the company has not undertaken any shipping or shipping-related activity. It has continued maintenance operations and sale of its properties in compliance with various statutory and regulatory bodies. Scindia workshop is a wholly owned subsidiary.
The registered office is at Scindia Colony, Building III, Sir M.V. Road, Andheri (E), Mumbai.
WIDENING LOSS
Scindia Steam Navigation Company disclosed that loss for the quarter ended in September 2008 had widened. During the year, the loss of the company increased 2.86% to Rs. 48.95 million from Rs. 47.59 million over the previous year period.
The total income for the quarter dipped 6.9% to Rs. 0.27 million, when compared with the prior year period.
The company posted an earning per share of Rs. 5.17 for the quarter ended September 2008.
On March 17, 2011 Scindia Steam Navigation Company Ltd informed BSE that a meeting of the Board of Directors of the company was to be held on March 24, 2011, to consider shifting the Registered Office of the company and also the share department of the company within the local limits of the city.
The company’s house flag was a rectangular blue flag with a white disc in the centre bearing a red swastika, an ancient Hindu emblem of luck.
It is worth mentioning here that the Government of India has released a number of stamps commemorating the company or its ships.
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Gita Piramal - 2010 - Business & Economics
primary source of information on the Morarjee family. Details of Tata Steel's ...Narottam Morarjee—architect of modern Indian shipping,pp 45–47. Dwarkadas ...Sailors and Traders: A Maritime History of the Pacific Peoples
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A. D. Couper - 2009 - History
In Feinberg, Seafaring in the Contemporary Pacific Islands, 114–143. Howe, K. R. The ... Jog, N. G., ed. Narottam Morarjee: Architect of Modern Indian Shipping.Narottam Morarjee, architect of modern Indian shipping ...
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Narottam Morarjee, architect of modern Indian shipping. Login to Save. NetID Login · Barcode Login. Subjects. Morarjee, Narottam, 1877-1929. Scindia SteamPerilous Passage: Mankind and the Global Ascendancy of Capital
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Amiya Kumar Bagchi - 2008 - History
Narottam Morarjee: The Architect of Modern Indian Shipping. Bombay: Scindia Steam Navigation Co. Johansson, E. 1977. The History of Literacy in Sweden.Narottam Morarjee, architect of modern Indian shipping ...
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1977, English, Book, Illustrated edition: Narottam Morarjee : architect of modernIndian shipping / edited by N. G. Jog ; foreword by Dharamsey M. Khatau.Ads
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