If global oil prices or commodity prices are high, then it is bound to create inflation. So, we should not be too worried if the inflation is created by global commodity prices. When they come down, inflation will automatically come down.
You can't have a regime which continuously subsidizes things; as inflation rises, you keep prices of certain things unchanged.
I'm not too involved in day-to-day matters. I only supervise at the board level.
It's a mistake to believe technology rests outside India. We compete very successfully.
We find it much better not to try and take the Godrej brand across, but use very strong brands we have acquired in different geographies and push them.
We continue to look at accretive and synergistic acquisitions both in the domestic as well as international markets. Our emphasis, thus, will be on strategic acquisitions, and we will not be doing it just for the sake of making our name bigger.
