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Best 40+ Adi Godrej Messages, Quotes, and Images
Adi Godrej Thoughts
We were licencees of Sara Lee Corp's air freshener brand Ambi Pur, which they sold to Procter and Gamble. So we handed it over to Procter and Gamble. Now we will introduce our own brand of air freshener.
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When we acquire businesses in the developing world, we estimate if the growth opportunities are strong.
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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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We are not into financial services, and we are not interested also because we find we are better in branded marketing enterprises.
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In 2008, when the global financial crisis struck, it was a bad year for a lot of developing countries, and it manifested itself in consumer confidence.
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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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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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We have very strong succession plans across all group companies. But we do not comment on it. The retirement age is 60 years, but it does not apply to family professionals who work in the business.
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If global oil prices or commodity prices are high, then it is bound to create inflation. So, we should not be too worried if the inflation is created by global commodity prices. When they come down, inflation will automatically come down.
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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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Take care with the end as you do with the beginning.
If you play cricket for India, money is bound to come, and with IPL in and match money of the Ranjhi trophy, I think money is there. There's no good reason why you should not work hard, because at the end of the day, you want to play for your country.
In an Indian love marriage, by the time everyone gets on board, one wonders if there is any love left.
Sometimes the lack of substantive freedoms relates directly to economic poverty, which robs people of the freedom to satisfy hunger; or to achieve sufficient nutrition, or to obtain remedies for treatable illnesses or the opportunity to be adequatley clothed or sheltered, or to enjoy clean water or sanitary facilities.
Fame is directly related to the kind of support you have from an audience and the love and support I have from audience is so immense and so huge, that the percentage of negativity is so small compared to that that it would be very easy for it to lose itself.
There must be an opportunity that matches with our strategy. Just because we have a gap, we don't want to go and acquire anything and everything. What we acquire should fit in with our strategy, human resources and market expectations.