When we acquire businesses in the developing world, we estimate if the growth opportunities are strong. Adi Godrej Read Quote
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. Adi Godrej Read Quote
I feel the Godrej brand has generally come to signify trust to most consumers. 400 million Indians use one or the other Godrej product on a daily basis, and they have come to accept it. We will, thus, continue positioning Godrej strongly on the trust platform. Adi Godrej Read Quote
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. Adi Godrej Read Quote
We find it much better not to try and take the Godrej brand across, but use very strong brands we have acquired in different geographies and push them. Adi Godrej Read Quote
I’m not too involved in day-to-day matters. I only supervise at the board level. Adi Godrej Read Quote
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. Adi Godrej Read Quote
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. Adi Godrej Read Quote
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. Adi Godrej Read Quote
