Interview with Qimat Rai Gupta, who in 1958, began as an electrical goods trader in Delhi, with practically no capital. Today, his company is India's largest electrical products manufacturer, with facilities across India, Europe, Latin America and Africa.
The consumer is very conscious of quality, says Qimat Rai Gupta.
Larsen and Toubro, I-flex and Hindustan Petroleum Corporation were presented PHD Chamber of Commerce and Industry Awards for Excellence 2004 on Friday.
Qimat Rai Gupta's roots were truly modest. Early in life, he had even sold oil on a cycle in the villages of Punjab.
What has paid in the long run is the continuous investment in technology.
Three businessmen disclose their success mantras: One belongs to an old Marwari family, another is a second generation industrialist whose father scripted an amazing rags-to-riches story and the third was a professional till one day he succumbed to the charms of entrepreneurship.
Brijmohan Lall Munjal had business rivals but no enemies.
Havells will acquire the entire consumer business infrastructure, people and distribution network. Plus all intellectual property of the Lloyd brand, logo, trademark and attendant rights.
The list of corporations publishing biographies has lengthened steadily as companies have realised the effectiveness of story telling as a brand building tool. Kanika Datta investigates the rising trend.
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