Business need to go beyond the interest of their companies to the communities they serve.

I came seriously close to getting married four times, and each time I backed off in fear or for one reason or another. Each occasion was different, but in hindsight when I look at the people involved, it wasn't a bad thing what I did. I think it may have been more complex had the marriage taken place.

One of the weaknesses of Indian industry is that in many areas.. like consumer goods.. it is very fragmented. Individually, the companies might not be able to survive. What is needed is a consortium of like companies in one industry, presenting a strong front to the multinationals. The Swiss watch industry did this.

Britain needs a real push. It needs nationalism. The sort of spirit that comes during a war. It needs people really to want to see the UK sitting again, maybe not as a colonial power, but as an economic power.

The political system of the People's Republic of China can make things easy. Decisions are made quickly and results come quickly, too. In our democracy [in India], on the other hand, such things are extremely difficult.

I have also made this a point in our company: We need to stop taking baby steps and start thinking globally. It really seems to be helping.

At Tatas, we believe that if we are not among the top three in an industry, we should look seriously at what it would take to become one of the top three players.. or think about exiting the industry