A Leminent industrialist, banker and economist, is considered one of the architects of free India's industrial development and modernization. Among the earliest exponents of free enterprise in India, Shroff, once called a 'Congress economist', represented the country as a non-official delegate at the 1944 Bretton Woods Conference and was an author of the Bombay Plan, prepared by eight leading industrialists in 1944 as a blueprint for India's post-war economy. Later, in the fifties, as founder-director of the Investment Corporation of India, Chairman of Bank of India and the New India Assurance Company, and director of Tatas and many other leading companies, he became a powerful spokesman for private industry in an increasingly government regulated economy. His steadfast adherence to a vision of free enterprise in India has been vindicated thirty-five years later by the liberalization policies pursued in the nineties.
This authorized biography by Sucheta Dalal draws upon the personal papers of A.D. Shroff, the Tata Central Archives, the papers and libraries of the Bank of India, and several other institutions with which he was associated. Based on these sources and interviews with industrialists, Shroff's colleagues, family members and close friends, Dalal has presented a compelling portrait of Shroff whom J.R.D. Tata once described as a man with 'an extremely powerful mind and moral courage'. As a true patriot, Shroff was a