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XYZ India had just
completed another year of stupendous progress. It closed the calendar year
2000 with a turnover of Rs. 2,000 crore, from last year's turnover of Rs 1,400
crore. Net profit during the year was up from Rs 30 crore to Rs 45 crore. In 2001,
XYZ India projected a turnover of Rs 2,900 crore with a net profit of Rs 85 crore.
By 2003, XYZ was aiming to be one of the top three electronics companies in
India with a turnover of Rs 5,075 crore (5 percent of XYZ Electronics global
turnover). Understandably Raj was quite upbeat as he took the reins of XYZ's
Indian operations heading both XYZ Electronics India Limited and XYZ
Electronics India IT & Telecom...
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