Shri Hamid Ansari, the (then) Vice President of India, addressing AIMA – JRD Tata Corporate Leadership Award ceremony.
Shri Sunil Munjal, Shri Chandrashekhar, Shri Mohandas Pal, Shri Nikhil Swahney, Shri Sanjay Kirloskar, Miss Rekha Sethi, distinguished guests, ladies, and gentlemen. Some years back two management gurus had postulated that in a complex and dynamic global competitive environment adaptive capability is the key to survival and growth and that Indian businesses will find themselves on the road to rapid growth when they learn to think and act adaptively. The challenge before the Indian corporate sector today in the face of continuing low level of global growth and rapid changes in the technology of production and preferences of the end consumers is how to sustain their growth in times of recession that endangers protectionist regimes while competing in a fast evolving technological landscape.