Tracing Alexander's Steps Backwards
Date: Jun 30th, 2006 5:41:23 am - Subscribe
listening to: Creed-One Last Breath
The recent burst of world-class entrepreneurs, bouyed by the wave of foreign investments as well as liberalisation of the industry by the government have resulted in India Inc. emerging as a force to reckon with in the globalised world of today. The wave of mergers and acquisitions by indian companies of late is in stark contrast with the situation 5-6 years ago....
I remember while growing up, people proudly saying, "Yeh T.V. imported hain...", or "Mera beta MNC mein kaam karta hain!"...now it is more like, "Yeh TV LG ka hain kya?...saste mein mila hoga?..." or "mera beta-or meri beti...for the feminists -INDIAN MNC mein hain!"....
Among all these companies, one truly stands...Reliance.Ten years ago when one was asked which corporate house is the baton holder, the leader, of the indian industry the answer would be either Tata's or the Aditya Birla Group, but today it is unanimously Reliance....the brothers' business combined together is the largest company in India....
Mukesh Ambani's RIL alone has doubled its profits in the last two years....Anil is said to be as shrewd a businessman and no doubt emulate his brother's feat...They may have separated ways but they have one thing in common, they both think BIG!..Mukesh is entering the retail sector(Malls, Supermarket, Farm Products etc) with an arsenal of 25,000 Crores!!....this has made biggies like Wal-mart think twice before entering India! Way to go!...We can do it!...we can trace Alexander's steps backwards and conquer the world!!
Long Live Ambani's,Birla's,Mittal's, hey wait a min.....Long Live Marwadi's!!!
Next Blog : Darker side of the Reliance coin.....
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