J&J targets the consumer goods and medical products in India. They've spent many years building a reputation in this country and the distribution and regulation are absolutely horrendous. Im amazed at the revenue that they've managed to achieve given the number of obstacles they've encountered over the years.
Tata was the greatest of these companies. They've acheived over 1000% growth in the past 10 years through acquisitions, new segment entries, and diversification. I also learned they are the owners of Eight'Oclock Coffee and Tetley Tea. Their operations span over 90 countries but their largest is in India. It was an absolutely stunning headquarter building here in Delhi. Given their high security I wasnt able to take any pictures. Just imagine an unimpressive urban landscape with mediocre office buildings and broken concrete streets. Suddenly out of nowhere an immense marble 32 story building appears surrounded by marble compound walls complete with guard huts. It was a sight to see.
As far the sight seeing goes, we went to visit the Taj Mahal and the Agra Fort.
It's been long days and nights out here but Im having a great time. Theres so much to this country that lies under the surface. I wish I had more time to write tonight but we're leaving for Bangalore tomorrow at 4:45am.
Until next time...
Ian







