About Adi Godrej
Chairman of Godrej Group. Under his leadership, Godrej has grown into major FMCG player in 3 emerging markets, namely Asia, Africa and Latin America. He is also the Chairman of the Indian School of Business.
Connect with Adi Godrej's life
- With the last quarter if the fiscal year 2017-18 is now coming to an end and that the budget session is also going to come up soon. Would it be a pro one if the government cuts down the corporate tax rate?
- However the government has been trying to cover up it’s fiscal deficit problem by utilising the revenue earned from corporate taxes.
- There are talks also happening that this winter budget session will bring some good impact fortune to the agriculturist and farmers. What are your key expectations if the correct incentives are given to the farmer?
- The Parliamentary Winter Budget Session has discussed mostly on improving the agricultural sector than reducing the corporate tax rates. What are your concerns on this, would the corporate support especially non-agro business companies?
- What are the pro’s and con’s of this budget to you?
- One year to the introduction of GST in our tax structure. How beneficial has it been to your company?
- Putting into this that there have been regular tax revision in the first six months. Has there not been any significant slow growth impact to your businesses?
- The highest rate being 28% under which many luxury appliance came under this slab and now certain of it have been removes. What do you think was it a good move or not?
- Which appliances should be removed out from the 28% tax rate?
- Are your perceptions of fiscal year 2019-2020 would be better than that of the current year and the year before?
- Sir with the devaluation of Indian Rupee the currency tends to slip off now and then during every trading hours. Would you share your thoughts on this whether your investments will be affected or not?
- Indian economy has not been completely liberalised since 1991. If completely opened, will it increase the chances of competition with other international markets?
- There was a time between 2016-2018 where the GDP of India and China was at par and now India is rising. What are your concerns, as to how happy with respect to the competition against the Indian Economy?
- Do you expect good growth of Godrej group of companies both in India and globally with respect to the current global market conditions?
- Can you tell us something about the CSR policy you have taken and the steps implemented to reduce environment pollution from your industrial plants?
- How hard did the policy of demonetisation affect your business procedure? Well it is possible to an extent that the FMCG line would be effected the most to an extent?
- Post-demonetisation has hit the real estate market with a halt in building activities. However, your group have managed to recover from the demonetise policy. What are you current strategy to improve more than this?
- Could you reflect your views upon where you said that the country needs an optimal tax system that would lower the tax cost leading to an increase in the collection.
- GST was implemented on the 2nd quarter of 2017-2018. Which sectors did it affect the most in your company?
- How well did demonetisation policy perform in the reducing of black money invested in real estate market?
- In the retailing sectors where you have been also giving some importance to it. When is it that the profitability will grow?
- After the implementation of GST, the dependencies of wholesalers have reduced. So, is your focus on direct retailing going to be strong?
- What are your views upon the Indian GDP and how favourable will it be?
- GST has been implemented in our tax systems. What would be your assessment upon this matter?
- The newly tax system being introduced in the economy at the initial days has shown that it is being implemented poorly with more cons than the pros?
- Is India’s economy fortunate enough to become the largest economy in the world overtaking US and China by the year 2050?
- The present government before coming into power has promised a number of changes would be done in the economy. In your view, have there been any changes implemented?
- On the part of consumer goods and services. Is the demand increasing or decreasing since the start of 2018?
- After the implementation of GST into our tax structure, has it been made in a way such that the rates are rational so that no changes are required?
- Since the implementation of the GST, you have been very articulate about the increase in the country’s GDP by about 2%.
- We now see that the tax rates on FMCG products have been kept at a reasonable slab. Are you looking forward of a proper monsoon shower that would up-bring the growth of Godrej Agrovet?
- The government has promised to the double the income of the farmers by 2022. But with 7% GDP growth rate, will it be possible by the government to meet this target on time?
- With the inflation rate being between 3-5%, where do you see the growth trajectory?
- How would you describe your experience and your achievements running the Godrej Group for 55 years?
- You have been ambitious since the time you joined the Godrej business, implementing your 10 by 10 strategy. What do you plan to do next?
- There has been a drop in the growth in the middle of these 2-3 years, which must have disturbed the growth of Godrej too. Will you extend the time to meet the target to 2025?
- With your 10 by 10 strategy is there any target number that you are aiming to achieve by 2020?
- What is your investment budget in acquisition of new business group to make it more capital intensive?
- What are your concerns on the crude oil price rise?
- Digital India, a revised version of payments being implemented. How well did this policy helped in curbing out the cash payment practices among consumers?
- Ayurvedic products are now being seen more demanded by the consumers as they are being more health conscious. Are you also focusing in offering ayurvedic products too?
- Your stakes in international acquisitions is growing higher and higher. Is there any growth for Godrej Consumer Private Limited?
- Whom do you admire the most in your family?
- How did you position the Godrej brand in the minds of Indian consumers during a time when branding wasn’t given much attention to?
- Companies focused mostly on sales rather than marketing in the 1990s. What are your views on this?
- What are the lessons that you learnt while transforming the Godrej group?
- Mistakes are a part and past of life. How many mistakes have you made and learnt from those mistakes?
- What and when was the turning point of Godrej Company during your regime?
- When the Indian economy was liberalised, FMCG sectors have expanded rapidly. What are changes have been seen and what is the potential growth in the coming future?
- What is to be learned from taking risks to become a successful and established brand in the diverse Indian market?
- How similar is the Indian market than that of overseas market? Does the culture and the products from other countries like things made from Indian companies?
- What Indian products from Godrej have been loved in the overseas market?
- Will the younger generation be able to adapt and take on the challenges in a world of continuous technological advancement?
- What do you want the younger people entering the corporate workforce to focus on?
- Digitalization has changed the parameters of every workfield. From data interpretation to manufacturing. What are your keypoints on how important data is?
- How important is data analytics to you?
- How would you like to open the mind of your influencers?
- How important is it for the youngsters to keep expanding their goals. Their achievements?
- Your work as a businessman for the past 5 decade has built up the Godrej Company in terms of revenues and shareholders. Which moment for you would be a nostalgic one if you look back?
- Do you feel that the hard work you have done for the company have been achieved its target or is it more than that?
- You have been optimistic about the new economic and taxation policy implemented by the current government since the past four years. But how different has it been in terms of ground reality?
- Taking into consideration of the FMCG products. What are your views about the change of consumer consumption pattern? By how much has it changed?
- Tell us about India’s rural sector where farmers depend heavily upon the monsoon showers the most. How is the Godrej Agro group coping up with the erratic monsoon rains?
- Do you think that the implementation of demonetization and GST have bought out a change in the consumer consumption pattern at a macroeconomic level?
- Will Godrej look to expand in developed economies? How are you looking at your overseas strategy to manage your business in a volatile market?
- As a businessman, would acquiring smaller real estate companies reap benefits for Godrej’s real estate business?
- How is the real estate sector building value for you and Godrej?
- How would you like to introduce yourself at this point in time?
- Given how times have changed, do you have to rethink the welfare schemes and measures you need to provide to employees, especially to retain them?
- How did the green products initiative come about?
- What would you say are the differences between when you took over control of Godrej and when your children took over from you?
- Did your children take any initiatives towards corporate social responsibility?
- Now that your business is running well do you see yourself stepping back more and more?
- India is developing at such a fast pace. What are your thoughts on where the country is headed?
- Who has been your greatest inspiration?
- Would you like to explain to us more about your acquisition strategy?
- What are your plans for rural strategy?
- What are your views about the consumer demand in general?
- With the last quarter if the fiscal year 2017-18 is now coming to an end and that the budget session is also going to come up soon. Would it be a pro one if the government cuts down the corporate tax rate?
- One year to the introduction of GST in our tax structure. How beneficial has it been to your company?
- The highest rate being 28% under which many luxury appliance came under this slab and now certain of it have been removes. What do you think was it a good move or not?
- Are your perceptions of fiscal year 2019-2020 would be better than that of the current year and the year before?
- However the government has been trying to cover up it’s fiscal deficit problem by utilising the revenue earned from corporate taxes.
- The Parliamentary Winter Budget Session has discussed mostly on improving the agricultural sector than reducing the corporate tax rates. What are your concerns on this, would the corporate support especially non-agro business companies?
- Putting into this that there have been regular tax revision in the first six months. Has there not been any significant slow growth impact to your businesses?
- Sir with the devaluation of Indian Rupee the currency tends to slip off now and then during every trading hours. Would you share your thoughts on this whether your investments will be affected or not?
- Indian economy has not been completely liberalised since 1991. If completely opened, will it increase the chances of competition with other international markets?
- Do you expect good growth of Godrej group of companies both in India and globally with respect to the current global market conditions?
- Can you tell us something about the CSR policy you have taken and the steps implemented to reduce environment pollution from your industrial plants?
- How hard did the policy of demonetisation affect your business procedure? Well it is possible to an extent that the FMCG line would be effected the most to an extent?
- Post-demonetisation has hit the real estate market with a halt in building activities. However, your group have managed to recover from the demonetise policy. What are you current strategy to improve more than this?
- GST was implemented on the 2nd quarter of 2017-2018. Which sectors did it affect the most in your company?
- How well did demonetisation policy perform in the reducing of black money invested in real estate market?
- In the retailing sectors where you have been also giving some importance to it. When is it that the profitability will grow?
- After the implementation of GST, the dependencies of wholesalers have reduced. So, is your focus on direct retailing going to be strong?
- GST has been implemented in our tax systems. What would be your assessment upon this matter?
- The newly tax system being introduced in the economy at the initial days has shown that it is being implemented poorly with more cons than the pros?
- Is India’s economy fortunate enough to become the largest economy in the world overtaking US and China by the year 2050?
- The present government before coming into power has promised a number of changes would be done in the economy. In your view, have there been any changes implemented?
- Which appliances should be removed out from the 28% tax rate?
- There was a time between 2016-2018 where the GDP of India and China was at par and now India is rising. What are your concerns, as to how happy with respect to the competition against the Indian Economy?
- Could you reflect your views upon where you said that the country needs an optimal tax system that would lower the tax cost leading to an increase in the collection.
- What are your views upon the Indian GDP and how favourable will it be?