We take dispassionate view of our investments. Does it mean that we are looking out to monetise the investment? That is not correct. But if we get an offer that we cannot refuse, as I say, then it is not that we are not, that we will still hold on to the investment.
Don't hoard your wealth. Instead, live the life you want with the wealth you have been blessed with, but also make it beneficial for the good of the larger community.
There are always highs and lows in life, but if you maintain an even keel, then you can take the right decisions.
We are disciples of Krishna, and we look at ourselves like Arjun in the battlefield.
We entered into the pharmaceutical industry in 1988, and since then, we have grown significantly on the back of a growing demand in India for pharmaceutical products.
Sometimes, we get mixed up when we say that profit is not important for stakeholders. Oxygen is not the reason a person lives. But it is essential to have oxygen, although it's not the only reason for a person's existence. It is similar for profit.
There will be good times, and there will be bad, but one has to, to the extent possible, take things in one's stride.
Innovation means taking risks, and that is where the private sector can play a role.
There is nothing similar between the pharmaceutical and textile business.
Textile mills are not a very high-margin business and have fixed overheads, so it was challenging. But I think it is only in challenges that you get opportunities.
Manufacturing is finite, but human intellect is infinite. Textile is all about manufacturing, and industries like pharmaceuticals are all about human intellect.
I think my greatest virtue is that I have the courage to take tough decisions. As for my greatest fault, I guess I should be a little tougher. The feedback I get always is that I am not as tough and demanding as I should be.
