CORPORATE DIVERSIFICATION

Mr. S.R.Subramaniam                                 January 5, 1989

CORPORATE DIVERSIFICATION

20th Century saw two world-wars between super-powers. The aim of both was territorial expansion. 21st Century will witness a similar war of global dimensions - but with a difference

It will be

-a war of expansion of economic -territory involving nations,    

  large and small                        

-fought by mega-corporations

-employing world-wide network of space-age technologies/    

  alliances/resources/markets.

-unrestrained by national boundaries

-without an end      

It will be a business-war in which the unprepared will be wiped-out and even those who have made definite survival-plans will find going tough.

I am happy to enclose a report which goes beyond survival. For many thousand L& T-ites, it will offer hope for growth in the 21st Century. I suggest that the Corporate Management sets aside one full day during the forthcoming Strategic-Plan Meetings, to debate this report and take necessary decisions.

With kind regards,

                                 

H. C. PAREKH

CC : Mr. N.M.Desai