Success is achieved twice. Once in the mind and the second time in the real world.

We believe this combination of excellence in operations and strong execution of our strategy is critical to achieve our vision. We will continue to focus on both in future as well.

As you get bigger, you have to learn to delegate. It's also an excellent way to get staff involved in the company's operations.

You cannot get into business for the fashion of it.

I think the advantage of democracy is that it makes us less dependent on a group of leaders.

I was 21 and had spent the last few years in Stanford University Engineering School at California. Many people advised me to take up a nice, cushy job rather than face the challenges of running a hydrogenated oil business. Looking back, I am glad I decided to take charge instead. Essentially leadership begins from within. It is a small voice that tells you where to go when you feel lost. If you believe in that voice, you believe in yourself.

We give people major responsibilities even if they are only 60 per cent ready. Our experience is that people are pretty elastic when you give them responsibility, and they just grow rapidly with the job.