There are a few business families that were well in existence before 1991

Agriculture & manufacturing were in shambles thanks to protectionism and inefficient practices. The one redeeming factor was in the realm of services, thanks to the huge pool of educated, English speaking graduates. IT & BPO were two sectors that received a heavy dose of investments from new-age entrepreneurs like Satyam Computers, Moser Baer & HCL Computers.

For complete IIPM article click here

Source:- IIPM Editorial

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

GHANSHYAM DAS BIRLA – INDUSTRIALIST, VISIONARY & AN IDEALIST

With an investment of Rs.5 million in 1919, G. D. Birla set up the Birla Brothers Ltd. by setting up a mill in Gwalior. And with this, began the process of building a huge empire that encompassed almost all the sectors that independent India would need. In 1928, he purchased the Hindustan Times from Pandit Malviya for Rs.89,252 and took the newspaper to great heights. He had also set up a sugar & paper mill in the 1930s. And how can one forget the Hindustan Motors, the first Indian car company that was a venture of none other than G. D. Birla way back in 1942. Postindependence as well, he invested in tea and textiles through a series of acquisitions of erstwhile European companies. Not only this, he further expanded and diversified his family business into cement, chemicals, rayon and steel tubes. In 1947, Grasim’s operations commenced with a small rayon weaving unit in Gwalior. Hindalco was formed in 1958, with production of aluminium initiated in 1962. And the list simply goes on.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

Methane! That’s it

With the ever increasing demand for fossil fuel and with India’s dependence on imports reaching unsustainable limits, it is high time that India starts giving due weight to the so called alternative and non-conventional sources of energy and considers them as the most conventionally viable ones for the future. To start with, one of the most viable, environment friendly and cheap alternatives to ever increasing fuel prices could be Coal Bed Methane (CBM).

For complete IIPM article click here

Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative