Marengo | Shared With: Everyone - Feb 18 2009 | business, greeting, cards, effectively, purifier, long, air, industry, gray, imported:del.icio.usbusiness, greeting, cards, effectively, purifier, long, air, industry, gray
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Facinating article about the Marwari background of the Mittals and how it has impacted their business over the years.
Aditya Mittal, who sees himself as Indian by birth and American by education, said the migration of Marwaris from the desert forced many to take gambles, but, now, some are forgetting the value of risk and losing touch with the realities of global competition. "The community is becoming too traditional," he says, "and forgetting its past history, which has always been entrepreneurial, daring and forward in times."
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