Jamshyd Godrej
Jamshyd Godrej
Jamshyd Naoroji Godrej is an Indian industrialist and member of the Godrej family, currently serving as managing director and chairman of Godrej & Boyce, the family's consumer durables holding company. He is the cousin of Godrej Group chairman Adi Godrej and Godrej Agrovet chairman Nadir Godrej...
NationalityIndian
ProfessionBusinessman
CountryIndia
reverse
When there is a situation where one does not see demand for a year or two, then capex is suspended. It will reverse only when the situation improves.
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Typically, market-driven growth spawns urbanisation and leads to migration. Urban centres expand into humongous entities that thrive on an unending supply of energy.
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While academic abilities remain integral, it is the work ethics that form the soul of the business.
adopt department government green hospitals influence large public trying works
The government is a very large constructor. They have schools, colleges, hospitals and courts, offices. We are trying to influence the public works department to adopt green buildings.
buy government industry land stage
The government shouldn't step in at the first stage and create land banks. Industry should buy the land as much as they can, and if they get stuck, then the government should step in.
develop early hundred investors system
We have to develop the whole system of early stage investors and a tax system around it. For every Google that has come on the scene, there are hundred entrepreneurs who never did.
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Besides infrastructure, there is a huge opportunity in housing and urbanisation of cities - not only building new ones, but also renewing the infrastructure of old cities to make them more livable. This provides tremendous scope for large investments to fuel growth.
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Every year, millions of vaccines get wasted due to inadequate storage facilities. India is a focus for us, as this is a very big challenge for the country as well as other countries across the globe.
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Sometimes, we use the term 'growth' as a number and sometimes as an abstraction, but the underlying implication is always that, if the country grows at a certain rate, at the end there will be a pot of gold for everyone.
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Our experience is that most entrepreneurs are able to attract debt, even for risky and early stage investments. There are investors who provide debt, but very few who fund through equity.
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As a group, we want to follow good and green strategy. Setting targets is one element of that. The second part is to design products which meet environmental goals.
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Economic growth can enable development if it is supplemented by public policies that encourage circulation of wealth, especially into crucial areas such as public healthcare and education.