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BW Businessworld Magazine - September 23, 2023

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In this issue

INDIA, AS A SHINING STAR in the global economy, has witnessed the rise
of million-dollar, sustainable, and large-scale businesses. From far-sighted
pioneers like Sanjeev Bhikchandani and Dr A. Velumani to contemporary
titans like Binny Bansal and Mithun Sacheti, the journey of wealth creation
has been diverse and dynamic. These entrepreneurs share a common goal:
to forge unmatched, revenue-generating, and fundamentally sustainable
Indian enterprises. As we traverse the timeline of Indian businesses
and entrepreneurial leadership, it becomes clear that the strategies and
approaches to business have evolved significantly, leaving us to ponder the
future course for the next generation of entrepreneurs.
In the last three years alone, wealth creation in India has been nothing
short of spectacular. The mavericks of the business world have not only
built thriving enterprises but have also set the stage for newer, bolder exits,
be it through cash deals, as we saw recently with CaratLane, founded by
Mithun Sacheti, or initial public offerings (IPOs). This evolving narrative
presents a compelling blueprint, poised to transform India into a nation
of entrepreneurs. As we look ahead, the future of India’s entrepreneurial
landscape is set to be an exhilarating voyage, fuelled by innovation, vision,
and an unwavering commitment to excellence.

We hope the issue has some interesting takeaways for our readers.

Purchasing Power Matters

INDIA MAY BE THE FIFTH largest economy in the world,\" mocked one well-known economist, \"but we are one of the poorest nations on earth based on our per capita income of $2,650.\"

4 mins

GROWTH-LED SELF-RELIANCE, BUT INCLUSION STILL A CHALLENGE

IN THE VAST TAPESTRY of nations, India’s journey toward self-reliance stands out, marked by its vibrant diversity and intricate complexity.

4 mins

Civility in the 21st Century a Life Skill?

IN A WORLD THAT cherishes individual freedoms and the right to express oneself, it is essential to recognise that freedom of expression should not come at the cost of civility.

4 mins

Compassion in Action Saksham Bal Vikas Sanstha

IN 1993, INDUSTRIALIST couple Gagan and Neelu Sharma were deeply moved seeing children on the streets of Gurgaon with no place to go for learning or to play in.

2 mins

Whythe World Needs More Second Chances

IT IS EARLY 1980. One of the authors had been rejected for admission to a renowned school in Kolkata. On enquiring with the principal, he mentioned that the overall marks in Hindi could have been higher based on the selection tests, and he feared that the author may not pass the board exams.

3 mins

Towards Stronger Multilateral Development Banks

INCLUSIVE, SUSTAINABLE and resilient growth’ has emerged as an important theme in recent times.

4 mins

SHADES OF SUCCESS

In a bull-run for the past two years, the Indian paint industry, currently valued at Rs 70,0000 crore, is projected to expand its market size to Rs 1 lakh crore over the next 4-5 years. What is driving this growth?

7 mins

"INTRCITY IS CHANGING TRAVEL EXPERIENCES FOR BUDGET TRAVELLERS IN INDIA"

IntrCity, India’s premier intercity mobility platform, offers convenient and affordable travel solutions via two distinct brands, RailYatri and IntrCity SmartBus. In an exclusive conversation with BW Businessworld, MANISH RATHI, Co-founder and CEO, IntrCity SmartBus talks about IntrCity’s journey and much more

2 mins

GEORGE SOROS & THE CHINA ANGLE BEHIND ADANI HIT JOB

Gautam Adani has assumed a central role in India's growing might to counter China's tyranny of economic dominance through strategic business deals around the world. Adani's growing muscle to finance and execute critical infrastructure projects such as ports and airports hurts China's interest

6 mins

INDIA'S G20 CONSENSUS

Middle East-South Asia-Europe Corridor seeks to counter China's global might. From Ukraine war to biofuels, India forges a consensus, surprises many By Team BW

4 mins

INDIA'S ENTREPRENEURSHIP AND WEALTH CREATION RENAISSANCE

IN THE FAST-PACED and ever-evolving narrative of the 21st Century global economics, India has emerged as a shining star in the realm of entrepreneurship and wealth creation.

7 mins

THE GLORIOUS EXIT

In 2007 MITHUN SACHETI convinced his parents that he wanted to move on from the family business, Jaipur Gems. CaratLane, the startup he co-founded in the jewelry space with a capital of Rs 74 Lakh the following year, fetched Mithun Sacheti a staggering Rs 4,621 crore when he sold his remaining stake to Titan Company this year. BW Businessworld tracks the story of this magnificent clean, cash exit

6 mins

GOING GLOBAL MAHINDRA'S MISSION STATEMENT

With an eccentric design, mammoth ground clearance and the new INGLO EV platform, the Thar.e, Mahindra Electric Automobile Limited's brand new iteration of the iconic and immensely popular Thar, definitely stole the show towards the end of the event

5 mins

MEGA DEALS & DONTS

The string of multi-billion-dollar deals struck by Indian IT giants in recent months makes the sector an attractive investment bet. But investors rushing to put their money into these companies should know that these deals will translate into gains for them only in the long term

3 mins

PROFICORNS - IT'S ALL ABOUT PROFITS

An essential takeaway from this book is that profits have to showcase proof of entrepreneurial passion, business performance and path to valuation. This is a wakeup call to the Indian economy, considering the hype and enthusiasm around valuations of its 103 Unicorns, and thousands of other startups, says Srinath Sridharan

2 mins

Read all Stories from BW Businessworld

BW Businessworld Magazine Description:

Publisher: BW-Businessworld-Media-Private-Limited

Category: Business

Language: English

Frequency: Fortnightly

BW Businessworld is a fortnightly magazine that has been published since 1975. It is one of the most popular business magazines in India, and it is known for its in-depth reporting and analysis of the Indian business world. It also features interviews with leading business leaders and entrepreneurs. It's a guide to the ever-changing business landscape.

In every issue, you'll find:

* In-depth analysis: Get the latest insights on the big trends that are shaping the business world.

* Expert interviews: Hear from the thought leaders who are shaping the future of business.

* Case studies: Learn from the successes and failures of other businesses.

* Industry reports: Get the lowdown on the latest developments in your industry.

* And more: BW Businessworld also features articles on a variety of other topics, such as leadership, innovation, and technology.

BW Businessworld is a must-read for anyone who wants to make sense of the business world. It is the only magazine that provides comprehensive coverage of the latest trends and insights, from the perspective of the world's leading business thinkers.

Subscribe today and stay ahead of the curve!