New Delhi, April 11 -- Henry Ford was born in Michigan in 1863, left farm life for machine-shop work in Detroit, later became chief engineer at Edison Illuminating Company, and founded Ford Motor Company in 1903.

His breakthrough came with the Model T and the production methods that made cars dramatically cheaper and more accessible; by 1914, Ford's assembly-line system had transformed manufacturing at scale.

His larger business philosophy went beyond cars: he argued that industry should be organised around usefulness, service, and practical improvement, not profit alone.

This line is widely attributed to Ford. Ford's closely related philosophy is clearly documented in My Life and Work, where he argues that prosperity and happiness com...