— Shri Parmanand Deepchand Hinduja
Founder - Hinduja Group
The principle of work to give diligently also carries the responsibility that one should give back to society. In turn, hard work and success will earn one respect in business. That respect requires one to be able to meet all of one’s commitments and only enter into agreements that one knows one can honour. And this principle should always apply, whatever the economic conditions.
When one’s word is a bond, it enables one to build trust and confidence with one’s stakeholders including employees, customers and suppliers, where long term relationships can be developed for the benefit of everyone.
Following on from the first two principles, the founder sought to seek new markets and products, enabling the Group to acquire geographical, product and industrial diversification. This led to the third abiding principle.
Meeting such challenges can be risky but sharing this risk and its reward can bring real benefit. Partnership for growth builds on the principles of ‘Act Local, Think Global’ and includes the idea of communication and working with others - both within and with other organisations.
The final principle, advance fearlessly, has as its base the other four principles. Hinduja Group has learnt to understand the different markets and cultures in which it operates. It has earned the respect of its customers through trust and confidence, which allows it to advance fearlessly.