Adi Godrej Quotes

Adi Godrej is an Indian businessman and industrialist. He is the chairman of the Godrej Group, a conglomerate that operates in various sectors, including consumer goods, real estate, and agriculture. Godrej's leadership and contributions to business have made him a prominent figure in the Indian business community.

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.

People should be encouraged by things like awards ... -Adi Godrej

People should be encouraged by things like awards given for corporate governance practices.

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.

A good monetary policy follows inflationary expect... -Adi Godrej

A good monetary policy follows inflationary expectations and not historical numbers.

We continue to look at accretive and synergistic acquisitions both in the domestic as well as international markets. Our emphasis, thus, will be on strategic acquisitions, and we will not be doing it just for the sake of making our name bigger.

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.

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.

We started the 10/10 objective in 2011, and that time, our turnover was about Rs. 15,000 crore. We would like to have a turnover of Rs. 1,50,000 crore by 2021. This will be through high growth in domestic and international operations as well as through acquisitions.

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.

We have a company, Geometric Software, which is into engineering services software. We have a company called Nature's Basket, which is into gourmet retailing. Both are specialized companies.

It's a mistake to believe technology rests outside... -Adi Godrej

It's a mistake to believe technology rests outside India. We compete very successfully.

Discovering the context

This quote challenges the notion that technological innovation and competitiveness are limited to specific regions. It implies that India is actively participating in the global technology landscape and achieving success. It reflects on India's technological contributions on the international stage.

You can't have a regime which continuously subsidizes things; as inflation rises, you keep prices of certain things unchanged.

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.