Sunday, May 27, 2007
President speaks at Maruti
Hon.Presidents speech at Maruti is one of the most logically structured talk I have come across. Maruti is no 2 in productivity and road map to become no 1 includes a heavy dose of investment in R&D. And Maruti is not short of cash, as the Hon.President pointed out - they had Rs1500 crore profit in 2006-7. Will they bite the bullet and be known as innovators in automobiles. It probably depends on the strategic intent of owners as exhibited by Hyundai a decade back with much smaller base of market and resources.