Author: Adi Godrej
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Egypt Revolution Day Wishes
World Hepatitis Day Wishes
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.
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.
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.
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.
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.
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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