BANGALORE (Reuters) -- The following are selected quotes from speakers at the Reuters India Investment Summit.
KIRAN MAZUMDAR-SHAW, CHAIRMAN, MANAGING DIRECTOR, BIOCON
"I personally am betting on proprietary drugs. A ship in harbor is safe, but that is not what ships are built for. So you've got to sail out and take that risk."
"We don't need cash. I think Biocon is the wrong company for private equity investors. I am approached everyday but I'm not interested."
On margins being hurt by the rupee: "You can't deny that. I can't wave a magic wand and suddenly expand the margins."
SURESH SENAPATY, CFO, WIPRO
"We're open and flexible to be able to chase the right target. We are not interested in cheap buys."
On diversifying: "Lighting, furniture, workstations are a very good growth opportunity for us."
On the U.S. economic slowdown: "If at all it has an impact, it will only have a minor impact in the shorter term and in the medium and longer term it will bounce back." Continued...
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| Paper | Aug 20 - 21, 2008 | Manufacturing |
| Japan Investment | Jul 01 - 2, 2008 | Country Summits |
| Global Real Estate | Jun 23 - 25, 2008 | Real Estate |
| Consumer and Retail | Jun 16 - 18, 2008 | Consumer Retail |
| Investment Outlook | Jun 09 - 12, 2008 | Financial Services / Exchanges |
