“India is a supply-constrained market” – Manoj Modi
14 March 2019 11:45 AM IST
Manoj Modi might not have a designation or title, but his impact on Reliance and on India is undisputed. In a fireside chat, he talks about Reliance, startups, and building for people.
- Yet, here lies the answer to the enormous success of Reliance from the Rs 1,000 crore company it was in the 80s to the Rs 7.8 trillion crore company it is today.
- On building successful businesses: The four-decade proven mantraVani: We all know about Jio’s astounding success story.
- In terms of data consumption, we had thought that maybe 50 - 60 million subscribers might use 10 - 12 GB per month while the rest would use around 4GB or so.
- So, as long as we can efficiently provide goods and services at affordable prices, this market will consume.
- Startups that work with us need not worry about reach or funding because we have a large customer base, and have no problem funding them.
- Looking back, right to the time of our first polyester startup, we have not changed our way of thinking.
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