Cowasjee Nanabhai Davar(1815-1873) is known for his pioneering efforts in laying the foundation of the cotton industry in India.
He is credited with laying the foundation work of cotton mill production in India.
[6] The first mill he established in 1854 at Tardeo, a neighboring place near South Bombay.
And the mill production with 17000 spindles was initiated just after a month of starting (February 1856).
Late in 1859, this company was named Alliance Spinning and Weaving Mill.