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The Economic Times

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Rs 960 a month for US-returned engineer: Former Tata employee shares his 1977 job offer

TATA United States Bombay House

A 1977 job offer from the Tata Group has gone viral after former Syndicate Bank chairman Ajay Nanavati shared it on LinkedIn, offering a glimpse into the salary expectations and career choices of India's corporate world nearly five decades ago. Nanavati revealed that he was offered a starting salary of just Rs 960 a month after returning to India with a chemical engineering degree from the US. Despite having better-paying offers, he chose Tata because of the opportunity to work at Bombay House, the group's iconic headquarters in Mumbai.

The decision, he now says, turned out to be one of the smartest career choices he made.

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