Uday Kotak
Uday Kotak
Uday Kotakis an Indian banker; executive vice chairman and managing director of Kotak Mahindra Bank...
NationalityIndian
ProfessionBusinessman
Date of Birth15 March 1959
CountryIndia
believer family firm grew joint people
I grew up in a joint family of 60 people with one kitchen. So I am a firm believer in the family concept.
business capitalism case classic family joint members socialism work worked
A lot of family members worked in the joint commodities family business. It was a classic case of capitalism at work and socialism at home.
business family joining keen members worried
I was not very keen on joining the family business... there were 14 family members working together, and it worried me that I would not have enough individuality.
against backing based cannot dreams equity family influence political
I have got nothing against family companies, but there must be real equity, that is all I say. It cannot be based on influence or political friendships. It has to be based on real equity backing their dreams.
bothered family
There is socialism in the family that conflicts with meritocracy. And that bothered me.
early enjoyed fruitful indian investors sector
We were one of the early investors in the Indian telecom sector and have enjoyed a very fruitful association with Hutchison.
below helps structures
This cleans up our structures below and helps us be integrated.
built segment unique
MMFSL has built a unique segment of the market.
columbus discovered finally
It's like Christopher Columbus has finally discovered India.
biggest people resource
The single biggest resource India has is people and skill.
government supporting towards
The government should move towards supporting aspirations and not entitlement. Subsidies supporting non-productive growth should be reduced.
cutting technology
Technology is an enabler; you have to be at the cutting edge of technology - there is no choice.
aspiration core engine supporting
My view is the core engine supporting India's growth aspiration will be the financial sector, which will have to get more efficient.
consumers customers
My view is make Indian manufacturing competitive, and if it is competitive, it can serve customers or consumers anywhere.