Tectonic Theater Project —.
Welcome to JCT Limited. Our founder Lala Karam Chand Thapar (1. He was a self- made man in the true sense of the word. After his marriage, Shyamlal, a cousin who ran a coal depot in Ludhiana, introduced Sachhar to Karam Chand and in the course of their conversation, the young boy was offered a partnership, which enabled him to do business in the coal belt of Jharia, near Dhanbad in Bihar. Soon he moved to Calcutta, an office was rented at 9, Dalhousie Square east, where the firms of Karam Chand Thapar and Co., Karam Chand Thapar & Bros., and Shyamlal Thapar & Bros. In 1. 92. 3 he made history of sorts by acquiring the rights to exploit Bird and Co.’s Sirka Coal mine in Hazaribagh.
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His 1. 93. 6 acquisition of the Deoria Sugar Mills in the Gorakhpur District brought an associated electric supply company into his fold. His ambition led him to acquire the Mahavir Insurance Co. Ltd., in Calcutta in 1. In 1. 94. 6 Karam Chand started textile business by starting the Jagatjit Cotton Textiles Mills Ltd. At Phagwara in the Punjab.
This mill produced unfinished cloth for export to the U. K. Meek, of Greaves Cotton and Co. Later he asked his key colleagues to make an organization chart and manual as a guide- rail for the Thapar and served notice all that Karam Chand had begun to consolidate his vast empire and bring professionalism in Thapar’s businesses.
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