Mangaluru: Manel Srinivas Nayak Memorial (MSNM) Institute of PG Management Studies organised ‘Manel Srinivas Nayak Memorial Dialogues on Professional Managers’ a talk with V G Siddhartha, founder of Coffee Day enterprises Limited here on September 10 at MSNM Besant Institute of PG Studies.
Addressing the packed gathering of professionals, managers and management students of Besant college, G V Siddhartha, said, “India is a land of opportunities, which will grow from 2 trillion to 60 trillion in the next 35 years. There is opportunity for everyone including entrepreneurs and professionals to grow in their methodology. However, it is important that there is hardwork, skill, passion and perseverance to succeed in life.”
Later on, during dailogue session, Sidharth said that philanthrophy or charity by itself is not the answer. However, he does admire Azim Premji and Nandan Nilekani for their efforts to transform society through their social initiatives. In this regard he too and his family are opening a multi-speciality hospital in Bengaluru which will have no bill-counter and the entire hospital would be providing free treatment of a very high standard.
While answering another question, he said that his children will make their own decision in regard to joining his business. He added that he has a dream for his business to become one of the top 3 Coffee brands in the world.
V Leeladhar, former deputy governor of RBI, moderated the talk. Kudubi Jagadish Shenoy, Manel Annnappa Nayak and Malavika Siddharath were present.
V G Siddharth, holds a Masters in Economics from Mangalore University. He started his career in the stock market working as Research Analyst with JM Morgan Stanley in 1983-84. He started his own investment business called Sivan Securities doing proprietary investments in equity markets. He expanded the family business of growing coffee from 400 acres in 1984 to 13000 acres now, and is one of the largest growers of coffee in India.
He was awarded the ‘Entrepreneur of the Year’ in the year 2004 by the Economic Times and the ‘Nextgen Entrepreneur’ by the renowned international business magazine Forbes in 2011.
