The Big trouble that threw him out of business overnight
Sunil Bharti Mittal
The Big trouble that threw him out of business overnight
In 1983,the government banned the import of generators and granted the manufacturing rights to just 2 companies. Sunil Mittal was out of business overnight.Mittal says, In 1983, the government imposed a ban on the import of gensets. I was out of business overnight. Everything I was doing came to a screeching halt. I was in trouble. The question then was: what should I do next Then, opportunity came calling. While in Taiwan. I noticed the popularity of the push button phone something which India hadnt seen then. We were still using those rotary dials with no speed dials or redials. I sensed my chance and embraced the telecom business. I started marketing telephones, answering/fax machines under the brand name Beetel and the company picked up really fast.
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