|Pribhdas 'Kaka' Tolani (1893-1988) and his sons, Bombay, c1970s
Gopaldas, Pribhdas, Nandlal, Chandru
Nandlal’s father had stayed behind in his home in Larkana – there was no reason for him to leave. However, he was jailed on suspicion of being an Indian spy. After several weeks, he was granted reprieve on condition that he leave Pakistan immediately. So Pribhdas ‘Kaka’ Tolani, a wealthy, prestigious and powerful landlord of Sindh arrived in Bombay as a refugee along with other hundreds of thousands who had been forced out of their homeland.
Members of the family went to work immediately to support themselves. As per the First Five Year Plan of the new Government of India, the focus was on agriculture and Nandlal Tolani, with his Master of Science in Agricultural Engineering, took up a project to build an earthen dam in Kachch. When that was successfully completed, he went on to do a second and, over the years, several more across Gujarat and Maharashtra.
In Bombay, Kaka constructed a building for himself and his family and gradually built more to house other refugees from Sindh who needed comfortable homes. As the years passed, Nandlal’s involvement in the Bombay business grew.
Finding absurd government policies and corrupt government officials difficult to tolerate, Nandlal returned to Cornell to work towards a PhD. This time he had his family, his wife Papu and their young children Rohet and Sujata with him. It was a pleasant interlude, and he wrote his thesis in less than two years, on the subject of how to develop an operational model to choose between a fertilizer plant and an irrigation project in underdeveloped countries. There were strong messages in this thesis for the Government of India, but sadly none were heeded.
Dr Tolani enjoyed life at Cornell and would in later years say that he considered himself more fit for a life in academia than one in business. He would have stayed on to study and teach at Cornell but Kaka wanted him back at home and, the ever loving and dutiful son, he returned to Bombay.
However, Dr Tolani was determined to move away from construction. After considering many options in which business would be cleaner, he decided on shipping, which in the late 1960s was the Indian industry with the least corruption.
Starting with two ships – bought with savings rather than loans – Tolani Shipping grew gradually and systematically. Dr Tolani had no interest in becoming a great shipping tycoon and competing with other companies for the maximum number of ships. His aim was to create wealth and a comfortable life for himself, his family and his employees. While he achieved this, his company also grew to be highly regarded across the shipping world.
During this time, Dr Tolani systematically divided his time and energy between his work, his philanthropic activities, his leisure pursuits and his family. He started a college of commerce in Andheri East, and grew it into a centre where neighbourhood children, at an impressionable age, would receive a high quality well-rounded education with a strong academic component, the best extra-curricular opportunities and a wholesome moral base. He endowed a chair at his alma mater Cornell University – the Nandlal P Tolani Senior Professorship in International Trade Policy. His lifetime dream was to found an institute in India which provided a quality of education comparable to the education he had received at Cornell, and to do this he developed the Tolani Maritime Institute entirely with his own personal funds: a college of maritime education set in a large and beautiful campus with extensive workshops, library and a campus ship for practical lessons. As he said:
I never wanted to profit from my educational institutes. What I did want was to run professionally-managed organizations. I wanted to do good business and have a healthy bottom line, but always within the ambit of the law. While doing so, I wanted others around me to benefit too. Working with my team, we built a reputation for being decent, principled, and reliable. Today my biggest satisfaction comes from the respect that every member of Tolani Shipping, of Tolani College of Commerce and of Tolani Maritime Institute command, on the basis of this reputation.Dr Tolani was never interested in wealth and power for the sake of wealth and power. The young Nandlal, a child who loved his grandmother dearly, had promised her that one day he would earn so much that she would have enough money to even fill up the toilet. When the time came that Dr Tolani could have fitted gold taps in his bathrooms, he chose instead the vision and the discipline to use his wealth to truly live life to the fullest. He built a beautiful home, indulged his passion for luxury cars – not with a fleet, but one which he would drive himself and another for his family – and surrounded himself with good friends. In his words:
To me, wealth has given security and some freedom of choice. I have been careful with my spending, and almost always chosen comfort over luxury.
I did use my wealth to indulge my love for bridge and sailing, and to try and attract others to these sports. These are sports that test our mettle, one mentally and the other physically. As such, they help us to engage and develop the faculties we are blessed with as human beings, and thus live life to the fullest.
If there is one lesson of life that I would like to leave my grandchildren, it is the fact that money has little value. Personal satisfaction is far more important than money. For my grandchildren, and for those who come after them, I leave a wish that they may always understand the true priorities of their own lives, and that they may always have the discernment to judge right from wrong. I believe these are the things, rather than money, by which a life may be deemed successful.