Top 10 Adi Godrej Quotes

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Our acquisition strategy is very clear: 3x3. Three continents - Asia, Africa and South America, and in three categories where we have strong positions - personal wash, household care and hair care.

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

Corporate governance should be done more through principles than rules.

Politicians and bureaucrats must learn to stay away from the day-by-day functioning of business.

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.

When we acquire businesses in the developing world, we estimate if the growth opportunities are strong.

We own only a small percentage in Omnivore, but we manage it. It is basically a venture capital fund to help newer enterprises and provide them with the funding they require in their early stages of development.

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 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.

We are not into financial services, and we are not interested also because we find we are better in branded marketing enterprises.

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