Birla, Mahindra defend conglomerate biz model


Kumar Mangalam Birla and Anand Mahindra have defended the Indian business model of conglomerate structure at a time when globalisation is demanding focus so that decisions can be taken quickly.

At the Make in India summit here on Sunday, Edward L Monser, president of the US-based Emerson Electric Company, advocated focused businesses: “Globalisation has brought multiple layers of decision-making and speed has become a big issue.”

 Read Full Article Over Here : Business Standard News

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