Adi Godrej
Businessman
1942-04-03
Adi Godrej is an Indian businessman and longtime leader of the Godrej Group.
Quotes by Adi Godrej
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Our acquisition strategy is very clear: 3x3. Three continents - Asia, Africa and South America, and in three categories where we have strong positions - personal wash, household care and hair care.
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There are too many politicians in the world and too few statesmen.
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When you are growing at a rapid rate, there is bound to be some inflation. I think a 5% rate of inflation is something that we should take in our stride.
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It's a mistake to believe technology rests outside India. We compete very successfully.
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We started the 10/10 objective in 2011, and that time, our turnover was about Rs. 15,000 crore. We would like to have a turnover of Rs. 1,50,000 crore by 2021. This will be through high growth in domestic and international operations as well as through acquisitions.
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You can't have a regime which continuously subsidizes things; as inflation rises, you keep prices of certain things unchanged.
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We own only a small percentage in Omnivore, but we manage it. It is basically a venture capital fund to help newer enterprises and provide them with the funding they require in their early stages of development.
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From our group, we've had joint ventures with a lot of international companies: Procter & Gamble, General Electric, Sara Lee, currently with Hershey's and Tyson. We've learned a lot of the best practices.
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