Baba Kalyani

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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.

Baba Kalyani

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Baba Kalyani

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I am able to compete not because my labour is cheap, but because I can use technology better than others.

The commodity price easing really does not play too much role in our margins because our basic raw material – steel – is not really a commodities engineering steel.

April 23, 2024

The commodity price easing really does not play too much role in our margins because our basic raw material – steel – is not really a commodities engineering steel.

April 23, 2024

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.

Baba Kalyani

Other Quote

I am able to compete not because my labour is cheap, but because I can use technology better than others.

The commodity price easing really does not play too much role in our margins because our basic raw material – steel – is not really a commodities engineering steel.

The commodity price easing really does not play too much role in our margins because our basic raw material – steel – is not really a commodities engineering steel.

I am able to compete not because my labour is cheap, but because I can use technology better than others.

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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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