Business Standard

How SHE enterprises deviate

India presents a unique enigma. It has too many poor enterprises, but many rich entrepreneurs

Photo: Bloomberg
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Photo: Bloomberg

R Gopalakrishnan
During a speech in America in the 1890s, Swami Vivekananda stated that the West was groaning under the tyranny of too many Shylocks, while the East was groaning under the tyranny of priests! India needed, and still needs, SHE companies — sustainable, humane, enlightened — which are in the control of neither Shylocks nor priests.

There are real barriers. A founder may not have a purpose other than making mo­ney — like too many Indian entrepreneurs today, and as Cornelius Vanderbilt was in the 1860s. If the founder has a purpose, it may not be sustainable, humane, or enlightened. The founder’s
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First Published: Aug 25 2023 | 10:14 PM IST

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