Baba Kalyani Quotes
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I had my own motor boat which we would take to Khadakvasla, but that was 40 years ago.
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I had the option of building a career in the U.S. Many of my friends who went at the time did not come back, but for me, building the family business and being with family was worth it. I became a general manager within four months, as I used my education to improve productivity and output.
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Indians have very good engineering capabilities, and that is why, if an industry focuses on innovation, you will have a far greater chance of success, rather than the model which is based on just being a production machine.
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India is still considered a preferred destination for many multinationals to manufacture cost-competitive high-technology products for domestic consumption as well as for global demand.
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We anticipate countries increasing their spending on infrastructure like railways, airports, power plants and ports. Our heavy forging plant has the capacity to cater to each of these segments.
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India is the most competitive manufacturing destination on this planet. If we are able to take advantage of that competitiveness for our domestic markets, this country would be humming with activity; industrial production will grow at 10-11% per year.
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Everywhere in the world, whether manufacturing, trade or whatever, it is controlled by one apparatus and one policy perspective. Here we have one prime minister with good intentions, and six ministries running their own empires. This creates problems including the import culture.
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We believe in the vision of 'Make in India,' and our proposed joint venture with Rafael is a step in this direction.
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The first reactions from Germany and German industry was quite negative. People right from the start were saying that we will steal technology and take it away and move the plant to India and use low cheap labor to compete.
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Bofors was a steelmaker that became a forgings company and then went on to build guns. Companies like Krupp and Thyssen were in steel and forgings before entering defence. There are similar examples in the U.K.; it is a natural progression.
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If India has to achieve exponential growth, it would have to be on the back of strong growth in the manufacturing sector.
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If somebody told me you'd be a one and a half billion dollar company and be the largest in the world, I wouldn't have believed it myself.
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With liberalisation, Indian industry gained international exposure because of which it became imperative for companies to rework their strategies to become globally competitive.
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The year 2013 has been very difficult, with a lot of headwinds in almost every region and every business.
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Which country in the world has the kind of talent India has in numbers?
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I am an analog, slide-rule kind of guy.
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India is the second biggest defence procurer in the world after the U.S.
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We have got into Indian railways and are trying to get into the railway locomotive business in Europe and the United States.
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We can reorient our products and business strategy because we are an agile organisation.
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We have done a lot of work on cost reduction, getting ourselves lean, reducing our breakeven, reducing our fixed cost and increasing exports. All of these factors help because our export basket is not just automotive but also includes industrial products, railways and others.
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I am sick and tired of the process where everybody tells you that Indian companies don't have the technology and capability. We need to put money where our mouth is and make things happen, and that is what we are trying to do.
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Before 2000, we were unable to design a single car; all the cars were designed in Japan, Europe or somewhere else. We were just converting.
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I am a self-taught water skier and wind surfer.
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Our real focus is going to be what can we do with our existing capacities, what new things can we do, and how much more demand can we fulfil with our existing capacities.