If you are a budding Indian entrepreneur and are wondering how to create a giant enterprise in a highly regulated sector, you have to read this lucid piece from the FT on how Reliance Industries conquered the Indian mobile telephony sector and in the process humbled Bharti, Vodafone and Idea. The story is not exactly pretty but then one shouldn’t expect the conquest of a highly regulated sector in a country which is 131st on the UN’s Human Development Index to be a stirring tale of enterprise and innovation. Step by step the telecom regulator yielded ground until one day….
If you want to read our other published material, please visit https://marcellus.in/blog/
Note: the above material is neither investment research, nor financial advice. Marcellus does not seek payment for or business from this publication in any shape or form. Marcellus Investment Managers is regulated by the Securities and Exchange Board of India as a provider of Portfolio Management Services. Marcellus Investment Managers is also regulated in the United States as an Investment Advisor.
Copyright © 2022 Marcellus Investment Managers Pvt Ltd, All rights reserved.