Skip to main content

WORLD CLASS INNOVATION REQUIRED

 Despite their reliance on mergers and acquisitions to become number one across all segments, Reliance Industries as corporate entity seems to lack the world-class innovation possessed by companies like Apple, Microsoft, Coca-Cola, DuPont, and Toyota. Rather than a company that fosters national wealth, it generally functions as a trading company. The key to true prosperity lies in cultivating and harvesting knowledge. This is something that Reliance should consider if they hope to truly succeed in the long run. This applies to many other large sized corporate entities with huge ambitions. Maybe that evolution will be initiated or would be at the take off stage in the near future. That would be the real push for knowledge based growth.

Comments

Post a Comment

Popular posts from this blog

The Role of NABARD in the Economic Development of India

  The Role of NABARD in the Economic Development of India  By Dinesh Kumar Kapila, Chief General Manager (Retd), NABARD .   (Written as requested within 850 words for Business Sandesh, Published on 1st Aug 2025)  The National Bank for Agriculture and Rural Development (NABARD) plays a crucial role in advancing rural development in India through a multifaceted  approach . Established in 1982  by an Act of  Parliament,  NABARD ,  a  statutory  apex development al financial institution ,  has the  mandate to foster agricultural and rural development  by  sustainable and inclusive growth  with a  focus on both financial and non-financial interventions .  NABARD plays a crucial role in  the  growth of the rural economy   through a range of functions. These include refinancing rural financial institutions  for short term credit  for agriculture , refinancing banks and NBFCs for i...
Post a Comment
Read more

The Forgotten Unsung Heroes of the Battle of Madhumati. 1971. Bangladesh. 45 Cavalry.

  The Forgotten Unsung Heroes of the Battle of Madhumati. 1971. Bangladesh. 45 Cavalry. By Dinesh K Kapila  (Chief General Manager (Retd). NABARD (As discussed with Major General (then Major) Pramod   Kumar Batra, Retd and Other Veterans)  (Published by Vayu Defence Magazine) Just a Glimpse – Cdr 62 Mountain Brigade – “Pramod, I believe it is hard to maneuver PT 76 tanks in this terrain and waters”. Pat is the answer, “it is hard and I may struggle, but you will never see me to give up or fai”l. They stood together, on the edge of the swift flowing Madhumati, the staff and soldiers waiting. It was dark. Very Dark. After waiting for some time the Bde Cdr had said, “lets go”. Major PK Batra vividly recollects even now watching the Cdr's face as he looked at the map with a torch. He was calm and very quiet, showing ,no fear or afraid and maintaining a dignified silence. He remembered the old saying, "Uneasy lies the head that wears the crown". It was a moment in...
19 comments
Read more

Farmer Producer Companies – Gray Areas to Address

  Farmer Producer Companies – Gray Areas to Address. By Dinesh K Kapila, CGM (Retd) NABARD (Published in Business Sandesh on 01/01/2026)   There are now enough reasons to think that there is an effective   FPO movement in our nation. It is broadly articulated that FPOs are inherent for a new deal for rural India and to promote entrepreneurship. FPOs also figure as an integral part of discussions in several forums on agrarian issues and deliberations on an appropriate policy and ecosystem to   support them. Despite the unprecedented growth in the number of FPOs (Farmer Producer Organisations) being formed across the country, are there challenges faced by the FPOs? Are these challenges faced by most new organizations or do they need policy changes. Or operational reorientation. Discussions with practitioners (Mr Punit Singh Thind and Mr Kamaljit) were enlightening as with some officials. A moot point, any large movement or drive, by its very nature, is normally b...
Post a Comment
Read more