If you work for excellence, profit becomes a byproduct: Shree Cement's Hari Mohan Bangur

Given the current geopolitical and structural cyclicals are concurrently coinciding, how do you view India’s current industrial landscape?

Industrialists need to take a view… nothing is crystal clear yet... When businessmen make decisions, it is always in a grey area, because anything that reaches me has already been filtered three or four times by senior executives who’ve worked out everything that’s logically and mathematically possible. I can’t add much value at that stage. The real judgment lies in making decisions like: should we invest in a new factory that will take three to four years to come online, when we don’t know what the state’s economy or the political situation will look like? But one must take a view. In Bihar, for example, when we set up a plant, there wasn’t a single cement unit there. It was considered the worst place to invest, but we took a view, and our factory did very well. You take a call and live with the consequences.