Uday Kotak Family Quotations

I was not very keen on joining the family business... there were 14 family members working together, and it worried me that I would not have enough individuality.

A lot of family members worked in the joint commodities family business. It was a classic case of capitalism at work and socialism at home.

I grew up in a joint family of 60 people with one kitchen. So I am a firm believer in the family concept.

There is socialism in the family that conflicts with meritocracy. And that bothered me.

I have got nothing against family companies, but there must be real equity, that is all I say. It cannot be based on influence or political friendships. It has to be based on real equity backing their dreams.