Encyclopedia of India–China Cultural Contacts v1.c5.s3.t8.5

v1.c5.s3.t8.5

For a few years in the later 19ᵗʰ century CE, the Tatas had also sought to challenge the monopoly of the big European shipping companies in the routes to the East. They set up their own Tata Line in collaboration with the Japanese shipping company, Nippon Yusen Kaisha. However, in the fierce "freight war" that was waged by the European shipping companies against this new entrant to the field, the Tatas suffered losses and had to withdraw from the steam navigation business.