Wednesday, September 12, 2007

How partition affected Indian companies

I read an interesting article about how partition affected Indian companies. It menioned that Wipro's Mr. Azim Premji's dad was offered a ministerial position in Pakistan if he moved there. He declined. Pakistan's loss, India's gain!

There was also a mention of one Mr. Ghulam Mohammad who set up Mahindra and Mohammad with the Mahindra brothers. He went to become finance minister of Pakistan. The company was then re-named Mahindra and Mahindra.

It was interesting to read that at that time some people thought that they could stay in India and do business in India as well as Pakistan. They didnt realize to what extent the partition would affect both countries.

One more tidbit - in 1966, Mrs. Indira Gandhi's socialistic views and failing monsoon both were sufficient to convince some people that Pakistan is a much better place to do business in than India!

The article mentioned the book that was used as source - The Oxford History of Indian Business by Dwijendra Tripathi.

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