— September 2, 2004
Right now, the popularity ratings of Vijay Mallya, MP and industrialist — though I'm not sure if that's the descending or ascending order of importance from his point of view — at the Boeing World Headquarters in Chicago stand at an all-time high. According to the proverbial reliable sources, Mallya is talking to Boeing about buying aircraft to set up his (fleet of Kingfisher aeroplanes to start his much-awaited new airline in India.
And apparently the total value of his likely order is to the tune of $1 billion, a sum large enough for Boeing world HQ to lay out the red carpet for this potential client. Of course, aeroplane manufacturers are used to having to deal with glamorous and maverick fleet owners. Sir Richard Branson's name
come; readily to mind. I've no doubt whatsoever that Boeing knows its way around with celebrities like
Mallya.
The
other Tata
As an almost exact contemporary of D. Tata, Naval
Tata was destined to be always overshadowed by
his high profile cousin. He was doubtless quite
happy to let things he this way because it enabled
him to focus his attention on the human resources
aspect of industry. Naval Tata was a humanitarian
first and he devoted his life to his employees.
Remember that those were days when labour laws
did not exist and there was a big gap between
labour management. As president of the Employers'
Federation of India, Tata did a great deal to
help bridge this gap.
Later, he rose to be a member of the governing
body of the International Labour Organisation
(ILO) and, in this capacity, he initiated the
ILO Family Planning Programme. Among the several
social causes he espoused was hockey. India's
dominance of world hockey for three decades spanning
the 30s, 40s and 50s owed a lot to Naval Tata's
benign patronage. Monday this week, the 30th,
marked the 100th birth anniversary of this distinguished
son of India. I'm sure readers will join me in
paying tribute to the memory of Naval Tata.
Muthiah's second doctorate
On a visit to Chennai last weekend, I spent Saturday
evening's "Happy Hour" at Dr A.C. Muthiah's elegant
residence in the city. He had just returned from
a trip to the districts and one of his engagements,
I learnt, was to attend the 16th convocation of
Alagappa University at Karaikudi. There, Muthiah
received the degree of Doctor of Literature (honoris
causa) from the hands of the Tamilnadu governor
and university chancellor P.S. Ramamohan Rao for
his contribution to industry, education, sports,
health care, culture and nation-building.
The citation read out by vice-chancellor P. Kanniappan
outlined the business, social and philanthropic
initiatives taken by Muthiah in his entrepreneurial
career spanning over three decades. His alma mater
Anna University has already conferred a doctorate
degree on Muthiah, so this was his second doctoral
scroll - well deserved and well earned.
Budhia in KL
The other day, in Kolkata, I was looking for my
friend Sanjay Budhia to be told that he had gone
to Kuala Lumpur. I wondered if he was taking his
honorary consulship for Malaysia a wee bit too
seriously — but of course that isn't so. As chairman
of CII's National Council on Export, Sanjay was
attending the 2nd Asia Economic Summit at KL and
indeed addressing it too. Speaking on the theme
of Indian-ASEAN partnership, Sanjay forcefully
made the point that India accounts for less than
two per cent of ASEAN's total trade notwithstanding
the recent rising trend in Indo-ASEAN trade and
that this measly figure should change.
And that shouldn't be too hard either, given that
while India has a lot to offer in areas like biotechnology,
it is itself a huge crucible of business opportunities
in a vast swathe of sectors from private healthcare
to infrastructure to IT to retail to agribusiness.
Surely there are going to be many takers from
ASEAN in these areas? I entirely share Sanjay's
optimism that a change can and should be brought
about.