CORPORATE DIVERSIFICATION

Full note can be read at " QUO VADIS ", under section " Reports " of

www.hemenparelh.in > Reports

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Mr. S.R.Subramaniam                                 January 5, 1989

CORPORATE DIVERSIFICATION

20th Century saw two world-wars between super-powers. The aim of both was territorial expansion. 21st Century will witness a similar war of global dimensions -but with a difference

It will be

*  a war of expansion of economic -territory involving nations,    

    large and small

                        

*  fought by mega-corporations

*  employing world-wide network of space-age technologies/    

   alliances/resources/markets.

*  unrestrained by national boundaries

*  without an end  

    

It will be a business-war in which the unprepared will be wiped-out and even those who have made definite survival-plans will find going tough.

I am happy to enclose a report which goes beyond survival. 

For many thousand L&T-ites, it will offer hope for growth in the 21st Century. 

I suggest that the Corporate Management sets aside one full day during the forthcoming Strategic-Plan Meetings, to debate this report and take necessary decisions.

With kind regards,

                                 

H. C. PAREKH 

CC : Mr. N.M.Desai

       Chairman - L&T