Author: Adi Godrej
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Good Night Messages for Wife
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.
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.
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.
Our expectation is that by 2050, which is a long time away, India will be the largest economy in the world, overtaking both the U.S. and China.
The Godrej group is expanding rapidly. However, we are not diversifying much.
A good monetary policy follows inflationary expectations and not historical numbers.
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