Indian - Businessman | January 7, 1949 -
Our company is very diversified, both in terms of geography and in terms of products.
Baba Kalyani
GeographyCompanyProductsOurVery
Fundamentally, we have broken our aerospace business into three parts - large parts which go into the wings and fuselage, components for jet engines, and specialised structural components for landing gear.
BusinessBrokenWingsGoThreeOur
In 2006, the global economy was doing well. In India, the political and economic situation was stable. All key macroeconomic indicators reflected an economy that was in robust good health.
GoodGood HealthHealthKeyDoing
We have done a lot of work on cost reduction, getting ourselves lean, reducing our breakeven, reducing our fixed cost and increasing exports. All of these factors help because our export basket is not just automotive but also includes industrial products, railways and others.
WorkHelpDoneOthersCostProducts
India has the capability to create a fairly extensive defence manufacturing capability in many areas, and as a country and as an industry, we have matured in terms of technology and capability to make this happen.
TechnologyCountryIndiaCreateMake
In business, you try to minimise risk.
BusinessYouRiskTry
You cannot make an aircraft without forged components.
YouWithoutCannotMakeAircraft
It's the adventure, the adrenaline-flowing, risk-taking in outdoor activities that attracts me.
AdventureMeActivitiesOutdoor
Import and substituting imports with domestic production are a big opportunity. With a devaluation of the rupee, imports get expensive, and for Indian manufacturers, this creates a huge opportunity.
OpportunityExpensiveProductionBig
We book our exports forward for more than a year, and so we have a fixed rate. We do not get the spot rate that we see in the market every day.
DayBookForwardYearEvery DaySee
Our strategy should be based on indigenisation and import substitution. The government must provide opportunities for domestic companies to participate in sectors in which the country continues to depend on imports.
GovernmentOpportunitiesStrategyOur
The emphasis on innovation and technology in our companies has resulted in a few of them establishing global benchmarks in product design and development, manufacturing practices and human resource capabilities. However, there is no room for complacency.
TechnologyInnovationComplacency
Copyright © 2024 QuotesDict Baba Kalyani quotes