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A meeting with Prime Minister Narendra Modi in September 2018 was the turning point in the life cycle of Bharti Airtel, which on May 27 crossed $100 billion in market capitalisation. ....
Sunil Bharti Mittal, Chairman of Bharti Enterprises, emphasized that Airtel s resurgence post the challenges posed by Reliance Jio s entry and the AGR ruling showcased India s stable economy and supportive policies under strong leadership. Reflecting on Airtel s path to the $100-billion milestone, Mittal highlighted the company s resilience amidst industry disruptions. He noted that Airtel s achievement as the first-generation Indian company to reach this milestone was significant, especially considering the competitive landscape. ....
Bharti Airtel: "It takes time to wipe off history. Secondly, the world over, you don t see more than three-four operators. You can t put $50 billion and start from ground zero. What Reliance did was unprecedented. You have to give them credit. I would say a strong balance sheet, massive execution capabilities, risk-taking abilities, and finally regulations. All these things have to come together." ....
"India is our largest R&D site outside San Diego. We have a presence in a number of sites - from Hyderabad, Bengaluru, Chennai and Noida. The majority of our chips are designed in India, both hardware and software. With the world looking for alternatives to make the overall electronic supply chain more resilient, we see that India has an important role to play, an opportunity to create over time, very large Indian companies," Amon says ....
India is the most strategic market for Samsung. Smartphone or consumer electronics penetration is still not 100%. So that is going to be the number one priority-how do we reach out to consumers who still do not have a refrigerator or TV or washing machine. The mobile phone is almost penetrated at 85%, I believe, but it will evolve in a different direction where premiumisation will kick in, a mass of under-₹15,000 users will now migrate up to ₹25,000, then ₹40,000 price point, says JB Park. ....