The strong live and the weak die. There is some bloodshed, and out of it emerges a much leaner industry, which tends to survive.

We live in a highly competitive world - and we Indians have to struggle to catch up. So modesty is necessary, even if there is also a need for a certain amount of national pride. When it comes down to it, we have managed our country's economy poorly for long enough. There is really no reason to now think that we can conquer the world.

I have always been very confident and very upbeat about the future potential of India. I think it is a great country with great potential.

The strong live and the weak die. There is some bloodshed, and out of it emerges a much leaner industry, which tends to survive.

When you see in places like Africa and parts of Asia abject poverty, hungry children and malnutrition around you, and you look at yourself as being people who have well being and comforts, I think it takes a very insensitive, tough person not to feel they need to do something.

There are many things that, if I have to relive, maybe I will do it another way. But I would not like to look back and think what I have not been able to.

The early Rockefellers made their wealth from being in certain businesses and remained personally very wealthy. Tata's were different in the sense the future generations were not so wealthy. They were involved in the business but most of the family wealth was put into trust and most of the family did not in fact did not enjoy enormous wealth.