Wednesday, February 22, 2017

Super six chooses the best eight

When IndiGo Airlines took wing in 2006, it redefined Indian aviation in many ways. In its decade of existence, the airline has proved that it is possible to make profits in the aviation business. IndiGo told Indians that there really was something called “on-time performance” and that flying can indeed be made a pleasurable experience. Interglobe Aviation, the company that flies IndiGo Airlines, came out with its initial public offering (IPO) in October 2015, and commands a market capitalisation of Rs 30,000 crore.

Eicher Motors Managing Director (MD) & Chief Executive Officer (CEO) Siddhartha Lal, after having taken the iconic Royal Enfield motorcycle to great heights in India, has moved to London as he wants to make a mark globally. At the age of 26, Lal became CEO of Royal Enfield in 2000, which was a struggling product.

Four years later, as chief operating officer of the company, Lal decided to divest 13 of the 15 businesses that Eicher was in and decided to put all the money and focus behind Royal Enfield and trucks, two businesses where he believed the group had a genuine shot at leadership. Lal’s bet paid off big time with Eicher becoming a grand success. Today, it has a market capitalisation of Rs 68,000 crore.
21/02/17 Defence Aviation India