Ajay Piramal Quotes

Ajay Piramal is an Indian businessman and the chairman of the Piramal Group, a conglomerate with diverse interests in pharmaceuticals, real estate, and financial services. With his visionary leadership, he has played a pivotal role in the growth and success of the group, contributing to its prominence in various sectors.

When we exited the textiles business, we paid our bankers and labourers. We must have been the only company to do that.

Horses and dogs were part of my growing up years.... -Ajay Piramal

Horses and dogs were part of my growing up years.

Fortunately, in Piramal Enterprises, we are in three broad sectors. One is in the whole financial services sector, the second is in pharmaceuticals, and the third is in healthcare analytics and data.

We have a unique culture.... -Ajay Piramal

We have a unique culture.

Our responsibility is to maximise shareholder value, and if that means we can make short-term investment where we can maximise short-term value, we can do that.

There is nothing similar between the pharmaceutica... -Ajay Piramal

There is nothing similar between the pharmaceutical and textile business.

Indians are very intelligent - of that, there is n... -Ajay Piramal

Indians are very intelligent - of that, there is no doubt - but we are not necessarily hard working.

Leadership is more than just managing economic reforms. Leadership means giving broad direction, take up challenges which other people cannot do.

Many people say that in a liberalised world there is little for the government to do, but the fact is that there is much for the government to do in fewer areas. One such area is to provide infrastructure.

We never thought about getting into banking, as it is not an attractive business as perceived generally. This was also not a consideration when we decided to invest in Shriram Group.

Governments cannot do innovation. There are too many audits, and no one stays in a role for long enough.

We entered into the pharmaceutical industry in 1988, and since then, we have grown significantly on the back of a growing demand in India for pharmaceutical products.

In the pharma space, we have been growing both org... -Ajay Piramal

In the pharma space, we have been growing both organically as well as through acquisitions.

You cannot have the financial system crippled because of lack of decision making and lack of quality people.

There are always highs and lows in life, but if you maintain an even keel, then you can take the right decisions.

It was always the intention that Shriram would hav... -Ajay Piramal

It was always the intention that Shriram would have started a bank at some point.

Normally, Indian companies follow the trend set by companies abroad. There is usually a long lag period.

We've always been influenced by some of India's gr... -Ajay Piramal

We've always been influenced by some of India's greatest minds.

Life looked bleak when I became chairman of the group at the age of 29. But I survived, as the Lord must have carried me when I needed Him the most.

Spirituality permeates all aspects of your life an... -Ajay Piramal

Spirituality permeates all aspects of your life and business is just one part of your life.

Coming to the growth potential in financial services, there is enough data to show that, usually, financial services grow about twice or two and a half times of what the economy, the GDP growth rates.

Share your prosperity.... -Ajay Piramal

Share your prosperity.

I am overall optimistic about India's growth.... -Ajay Piramal

I am overall optimistic about India's growth.

In any technology, one has to be very careful to e... -Ajay Piramal

In any technology, one has to be very careful to ensure that it is good and has enough safeguards.

I am not for buying into financial services firms ... -Ajay Piramal

I am not for buying into financial services firms because I am not sure of the quality.

I think public sector banks need to have greater private participation of people who have skin in the game.

I think my greatest virtue is that I have the courage to take tough decisions. As for my greatest fault, I guess I should be a little tougher. The feedback I get always is that I am not as tough and demanding as I should be.

Manufacturing is finite, but human intellect is infinite. Textile is all about manufacturing, and industries like pharmaceuticals are all about human intellect.

In life, there are always intense battles, and yet... -Ajay Piramal

In life, there are always intense battles, and yet we must practise the lessons from the Gita.

Buying a house is not an overnight decision, and p... -Ajay Piramal

Buying a house is not an overnight decision, and people can wait for 3 to 6 months.

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