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Adi Godrej Quotes

Indian - Businessman | April 3, 1942 -

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

Growth World Opportunities Strong

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.

Opportunity Expectations Strategy Go

Corporate governance should be done more through principles than rules.

Rules Done Principles More Through

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

People Awards Governance Things Like

In 2008, when the global financial crisis struck, it was a bad year for a lot of developing countries, and it manifested itself in consumer confidence.

Confidence Financial Year Bad Crisis

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.

Name Doing Look Will Bigger Well

When you are growing at a rapid rate, there is bound to be some inflation. I think a 5% rate of inflation is something that we should take in our stride.

Think You Growing Take Something

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

You Things Inflation Keep Prices

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.

Hair Strong Care America Strategy

I'm not too involved in day-to-day matters. I only supervise at the board level.

Matters Involved Level Only Board

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

Technology Mistake Believe India

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

Business Learn Politicians Stay Must

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