Ajay Piramal Quotes

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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.

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.

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We always set ambitious goals in our group, and I have found that if you set your mind to it, you can do it ,and sometimes all the circumstances will play in your favour.

There is nothing similar between the pharmaceutical and textile business.

Textile mills are not a very high-margin business and have fixed overheads, so it was challenging. But I think it is only in challenges that you get opportunities.

Demonetisation was always on the government's radar and was part of the plan from day one when Narendra Modi took over as prime minister, as he was concerned about the black money.

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

When we look at our business, we are not that concerned about short term valuations.

In pharma or in information, you have to invest for three or four years, and then you start seeing returns.

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

We take dispassionate view of our investments. Does it mean that we are looking out to monetise the investment? That is not correct. But if we get an offer that we cannot refuse, as I say, then it is not...

Sometimes, we get mixed up when we say that profit is not important for stakeholders. Oxygen is not the reason a person lives. But it is essential to have oxygen, although it's not the only reason for a person's existence....

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

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

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

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

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.

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

Disabilities and misfortune can make you stronger.

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.

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