There has to be a period of consolidation in the IT industry. Similarly in pharma, I think India is going to be a world power. We have the lowest cost, good technology, Indian companies are gaining size.
RAKESH JHUNJHUNWALAThese dire predictions of COVID are behind us. Covid is getting milder and people are learning to treat it better. The percentage of deaths is coming down. We are learning to live with it.
More Rakesh Jhunjhunwala Quotes
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I do not think, like people say, that I am a guru or I know everything.
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Growth comes from chaos, not order.
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I myself am a private equity investor.
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I know film industry is not a very healthy place to be in.
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I think true love – love, wine and beauty, they better with age.
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There can be no greater well wisher for me in life than my mother.
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I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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Draw a balance between the present and the future and one advice I give to every young Indian – the most difficult thing in India, urban India, is housing. So first thing that you do is try and buy house as that gives a great sense of security.
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I have two interests in life – markets and women. Both are concerned with four letter words – markets with the risk and woman with love.
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What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
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My father was always not concerned about the wealth I have, but every year he would ask me, how much have you given in charity? And how much taxes have you paid?
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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
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