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Baba Kalyani Quotes

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In business, you try to minimise risk  (Baba Kalyani Quotes) With liberalisation, Indian industry gained international exposure because of which it became imperative for companies to rework their strategies to become globally competitive.  (Baba Kalyani Quotes) I have what is probably the largest big bike collection in the city: a Fat Boy, a sportser Harley Davidson and two Yamahas. All these are 1200cc-plus bikes. Riding these bikes is something I still do and some trekking as well.  (Baba Kalyani Quotes) One of the criteria for a global company is that it should have a manufacturing presence in multiple countries and should not only be an exporter.  (Baba Kalyani Quotes) India is still considered a preferred destination for many multinationals to manufacture cost-competitive high-technology products for domestic consumption as well as for global demand.  (Baba Kalyani Quotes) We are working with the power industry all over the world. We are meeting customers in aerospace and getting them to tour our plants.  (Baba Kalyani Quotes) 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.  (Baba Kalyani Quotes) Subsidies on petroleum products and fertilizers should be phased out in a defined, time-bound manner. The resources that would get freed up could then be used to fund various social sector programmes in education, healthcare and other priority sectors.  (Baba Kalyani Quotes) If India has to achieve exponential growth, it would have to be on the back of strong growth in the manufacturing sector.  (Baba Kalyani Quotes) We need to just study what other countries have done. There are examples of a strong partnership between the defence establishment and the private industry.  (Baba Kalyani Quotes) Indians have very good engineering capabilities, and that is why, if an industry focuses on innovation, you will have a far greater chance of success, rather than the model which is based on just being a production machine.  (Baba Kalyani Quotes) 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.  (Baba Kalyani Quotes) The year 2013 has been very difficult, with a lot of headwinds in almost every region and every business.  (Baba Kalyani Quotes) 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.  (Baba Kalyani Quotes) The most important part of any acquisition is your ability to culturally integrate the people in the companies you acquire and your company.  (Baba Kalyani Quotes) Which country in the world has the kind of talent India has in numbers?  (Baba Kalyani Quotes) India is the second biggest defence procurer in the world after the U.S  (Baba Kalyani Quotes) India is the most competitive manufacturing destination on this planet. If we are able to take advantage of that competitiveness for our domestic markets, this country would be humming with activity; industrial production will grow at 10-11% per year.  (Baba Kalyani Quotes) From an operational perspective, exports challenge companies to design, develop, manufacture and supply products to discerning customers in global markets. This, in turn, motivates companies to scale up the value chain, which results in higher realisations.  (Baba Kalyani Quotes) Politicians said that with our cheap labour, we could be competitive in the world. Nothing could be further from the truth. We were the most uncompetitive country with that cheap labour.  (Baba Kalyani Quotes) The first reactions from Germany and German industry was quite negative. People right from the start were saying that we will steal technology and take it away and move the plant to India and use low cheap labor to compete.  (Baba Kalyani Quotes) We manufacture automotive components including critical engine and axle parts for passenger cars, diesel engines and medium and heavy commercial vehicles. Till 1997, our focus was almost entirely on the domestic market with a relatively insignificant portion of revenues from exports.  (Baba Kalyani Quotes) Before 2000, we were unable to design a single car; all the cars were designed in Japan, Europe or somewhere else. We were just converting.  (Baba Kalyani Quotes) The period from 2002 to 2007 was probably our best period. We created a strategy to build global scale, footprints in each of the geographies and dramatically built our international business.  (Baba Kalyani Quotes) We can reorient our products and business strategy because we are an agile organisation  (Baba Kalyani Quotes) The Indian business has largely grown on the back of exports. The domestic markets, as far as our Indian business is concerned, actually have contracted because of the contraction in the medium and heavy commercial vehicle space.  (Baba Kalyani Quotes) I had the option of building a career in the U.S. Many of my friends who went at the time did not come back, but for me, building the family business and being with family was worth it. I became a general manager within four months, as I used my education to improve productivity and output.  (Baba Kalyani Quotes) 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.  (Baba Kalyani Quotes) I am able to compete not because my labour is cheap, but because I can use technology better than others.  (Baba Kalyani Quotes) I don’t think one party has a bad vision over the other party. I have no doubts that every Indian and every Indian political leadership would like to see this country get to a much better level. We would all like to see inclusive growth.  (Baba Kalyani Quotes)