J.R.D Tata and G.D.Birla were the two industrialists primarily responsible for the initiation of the plan. Apart from them, Kasturbhai Lalbhai, Sir Sriram, Sir Ardeshir Dalal, A.D Shroff, and Dr John Matthai were the other important signatories of the Bombay Plan, which was initiated titled as A Brief Memorandum Outlining a Plan of Economic Development for India.
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