Changes

| 1868 || || Founding || After a maiden voyage to {{w|England}} and having begun to understand what he saw as significant opportunities for Indian participation in a British-dominated textiles industry<ref name="India as a Model for Global Development"/>, 29-year-old [[w:Jamsetji Nusserwanji Tata|Jamsetji]] starts the business as a private trading company with a capital of ₹21,000.<ref name="Tata Group">{{cite web |title=Tata Group |url=https://www.britannica.com/topic/Tata-Group |website=britannica.com |accessdate=17 September 2019}}</ref><ref name="The Complete Story">{{cite web |title=Our Timeline: The Complete Story, Tata group |url=https://www.tata.com/about-us/tata-group-our-heritage/Our-Timeline |website=tata.com |accessdate=18 September 2019}}</ref><ref name="A brief history of the Tata Group">{{cite web |title=A brief history of the Tata Group |url=https://blog.ipleaders.in/brief-history-tata-group/ |website=blog.ipleaders.in |accessdate=18 September 2019}}</ref> Jamsetji converts a bankrupt oil mill in the Chinchpokli neighbourhood in southern Bombay into a cotton mill and names it Alexandra.<ref name="India as a Model for Global Development"/>

| 1869 || || Early development || [[w:Jamsetji Nusserwanji Tata|Jamsetji]] moves into textiles, acquiring in {{w|Chinchpokli}} a bankrupt oil mill in the industrial heart of {{w|Bombay}}. Later on the property would be converted into the cotton mill and renamed as Alexandra Mill.<ref name="A brief history of the Tata Group"/><ref name="India as a Model for Global Development"/>

| 1871 || || Early development || [[w:Jamsetji Nusserwanji Tata|Jamsetji]] sells Alexandra Mill for a significant profit to a local cotton merchant.<ref name="A brief history of the Tata Group"/><ref name="India as a Model for Global Development"/>