The Nationalist: How A. M. Naik Overcame Great odds to Transform Larsen and Toubro into a Global Powerhouse

This is the story of an extraordinary business leader, Anil Naik, and the company, Larsen & Toubro (L&T), he has served for 53 years and led for the last 18. Long coveted by the Ambanis and Birlas, L&T has an annual turnover of Rs 1,20,000 crore and a market capitalisation of more than R...

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Bibliographic Details
Main Author: Merchant, Minhaz
Format: Book
Language:English
Published: New Delhi Harper Business An Imprint of HarperCollins Publishers 2017
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245 |a The Nationalist: How A. M. Naik Overcame Great odds to Transform Larsen and Toubro into a Global Powerhouse 
260 |a New Delhi  |b Harper Business An Imprint of HarperCollins Publishers  |c 2017 
300 |a xii, 258 p.  
520 |a This is the story of an extraordinary business leader, Anil Naik, and the company, Larsen & Toubro (L&T), he has served for 53 years and led for the last 18. Long coveted by the Ambanis and Birlas, L&T has an annual turnover of Rs 1,20,000 crore and a market capitalisation of more than Rs 1,60,000 crore. It is involved in several critical national projects: India’s first nuclear-powered submarine; strategic weapon and missile systems; space exploration including maiden missions to the moon and Mars; global infrastructure; airports; metro rail systems; and nearly all of India’s nuclear power plants. L&T’s Hazira manufacturing complex, Vadodara’s Knowledge City and the Kattupalli shipyard have become symbols of world-class Indian engineering and technology. Author Minhaz Merchant spoke to Naik over several months to construct a compelling narrative of a remarkable company and its chairman. What emerges is a portrait of a man whose work and life have been bedrocked on a deeply felt sense of nationalism, synonymous with helping to build a strong and self-reliant India. From a south Gujarat village to the chairmanship of L&T, Anil Naik’s journey has been one of grit, determination, entrepreneurial leadership, 16-hour workdays and a unique management style. What emerges is a visionary leader who ringfenced L&T from corporate takeovers by creating an innovative employee welfare foundation and transformed L&T into a global technology and engineering powerhouse. Naik also emerges as a devoted family man and a generous philanthropist who has donated most of his personal income to charities through family trusts focused on healthcare, education and community service. Naik’s father, Manibhai, a teacher who spent his life serving the rural poor, was his role model who taught him to be fearless and honest with the motto: ‘If you are in the right, you have nothing to fear.’ This is the story of a man who surmounted great odds to reach the pinnacle of success, says Merchant. It demonstrates more than anything else that honesty – the quality Naik prizes most – pays the greatest dividend of all in the end: the respect of your peers, the loyalty of your colleagues, and the affection of your family.  
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650 |a A. M. Naik - Biography   |9 4707 
650 |a Business Leader   |9 4708 
650 |a Entrepreneurial Leadership  |9 4709