Just days after Prime Minister Narendra Modi's visit to Japan, Yoichi Ibi landed in Delhi. Ibi believes that Modi's vision means more business for his company Toshiba Lighting and Technology Corporation.
"For smart cities, you will require smarter lightings. The concept [of] digital India and cleaner India is not complete without improving the lighting system," said Ibi, adding: "We are sensing at least 40 per cent year-on-year growth in the next four years, and at this run India can be one of our biggest markets."
Currently, Japan and the US are the biggest markets for Toshiba. On setting up a manufacturing facility in India, Ibi says: "It makes sense for us. The geographical location of India is good, and [we can] use it as a hub to export final products to West Asia, South-east Asia, and South Asia."
Anilesh S. Mahajan
Saying Tata to Maruti
At Maruti, he spent a great deal of his time in the market learning about customers. According to R.C. Bhargava, Chairman of Maruti Suzuki, during his tenure, "Pareek has done some great innovations in marketing, and got into areas before others could." Pareek devised special schemes for dhabawalas in Gujarat, granite polishing units in Coimbatore, as well as priests, teachers and farmers. His skills should come in handy at Tata Motors.