Follow Quote by Ajay Piramal
“Normally, Indian companies follow the trend set by companies abroad. There is usually a long lag period.”
About This Quote
Source Interview: Business Trends in India, Ajay Piramal, 2020
Indian firms often adopt foreign practices after a delay, reflecting cautious adaptation to global trends.
In simple terms: Companies copy abroad later.
Consider timely innovation.
Themes
Mood
Type
When to use this quote
- product launch
- technology adoption
Key Concepts
Questions to Reflect On
- Should you lead or follow trends?
- How can you reduce the lag?
Waiting can cause missed opportunities.