Birds of a feather flock together, but not in the Singh family for sure! Eager to ma
ke his own mark, Analjit started Max India in 1982 with Bhai Mohan Singh. The company started manufacturing the 6APA (intermediate for pencillin) and then 7ADCA and ventured further into electroplating, biotechnology and electronic component distribution. Analjit did strike gold in 1992, when he tied up with Hutchison Telecommunications Ltd. to form Hutchison Max Telecom, which became a leading player in the Western region. But in 1998, Max shocked one and all by selling 90% of its stake in the company for a whopping Rs.5.61 billion.
For Complete IIPM Article, Click on IIPM Article
ke his own mark, Analjit started Max India in 1982 with Bhai Mohan Singh. The company started manufacturing the 6APA (intermediate for pencillin) and then 7ADCA and ventured further into electroplating, biotechnology and electronic component distribution. Analjit did strike gold in 1992, when he tied up with Hutchison Telecommunications Ltd. to form Hutchison Max Telecom, which became a leading player in the Western region. But in 1998, Max shocked one and all by selling 90% of its stake in the company for a whopping Rs.5.61 billion.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative
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