The Economic Times
New Delhi, 1 February 2009
Debu Bhattacharya articulates through anecdotes,
and sportingly plays ball when we pitch back
and forth in time. You can ask me anything
you want, he says with an infectious smile
that sets the tone for our conversation. The
low-profile managing director of Hindalco most
often lets his work do the talking, but we were
privileged to hear it from him. Even if deflected
via anecdotes.
Quiet confidence is his hallmark and we learnt
he had it from his college-days. The stint
at IIT Kharagpur changed a lot of things for
me. The standard of education was phenomenal
and the opportunities to take part in things
were enormous, says Bhattacharya, an alumnus
of the chemical engineering class of 1970, who
interestingly, first finished his graduation
from Kolkatas Presidency College.
It was camaraderie of a different kind.
You lived on campus and made some great friends,
he recalls with a tinge of nostalgia. Nor was
it just about books and academics. We
had a lot of extra-curricular activities and
I was pretty good at football and cricket.
Queried on what was the most useful thing he
picked up at IIT, his quick reply was, I
can say that we learnt a lot from each other
without any shame!
Back then, a good job meant a long stint in
an organisation. In 1970, Bhattacharya had the
option of going to the US. Instead, he chose
to join what was then Hindustan Lever Limited
(HLL). It was a prized job those days
and they paid us Rs 1,000 a month, he
says with a laugh as we try to calculate how
much that would buy 40-odd years ago.
Well, it was certainly enough for the technical
trainee to find accommodation in Mumbais
YMCA, then in the upmarket Wodehouse Road. I
spent two years at the YMCA. We had a five and
half day week at Levers and weekends were a
lot of fun, Bhattacharya adds as tea and
cakes arrive alongside some rather tempting
pizzas.
We ask him gingerly if he recalls his first
car and it comes to him like a flash. Of
course I remember. My first car was a Fiat that
was 14 years old, he says. It wasnt
the best car to have but there was a positive
fallout. It conked out without a warning
every week so I became a real good mechanic
at the end of it, he says, recalling that
it faithfully acted up on the day he had to
pick up his mother-in-law from the station.
Bhattacharya made the most of his 28 years
at HLL. I think we worked with a sense
of purpose, he says even as he recounts
a couple of interesting events during his tenure
with the Anglo-Dutch major. One was during an
overseas trip which incidentally was Bhattacharyas
first ever. It was to attend a course
in London where I had a chance to interact with
a lot of other Indians. I saw first-hand the
brightness of Indians and what they were capable
of, he points out. That trip to London
started his romance with the city as well. I
have a lot of memories from that first trip
and London, to this day, remains my favourite
destination. I just feel at home there,
he says.
In the midst of a rather grueling work schedule
which he confesses to enjoying tremendously
he has had some incredible moments. Over
the last decade that he has spent with the AV
Birla Group, he is immensely proud of the acquisition
of Novelis which to his mind is a case
study and the buyouts of Indal and Pennar.
Naturally we ask what made him change jobs after
almost three decades with HLL.
It was at an All India Management Association
event in Mumbai that he met Mr. Kumar Mangalam
Birla. He has this ability to charm you
by not speaking very much. He is a visionary,
says Bhattacharya. He soon succumbed to overtures
and decided to take up the offer with the AV
Birla Group where he started off as MD of Indo-Gulf
and head of the Aditya Birla Management Corporation.
If HLL was a great place to develop ones
professional acumen, the best thing about the
AV Birla Group is that one becomes an entrepreneur,
he says matter-of-factly.
Those who know Bhattacharya say he is at work
by 7am and puts in long hours that eat into
his weekend too. I believe in a few things.
I do not attend a meeting unless I can add value.
I do not do anything unless I can excel. And
I maintain that it is important to keep ones
word, he says categorically. The tinge
of regret is also hard to miss when he says
hed like to spend
more time with his family.
Once off work, theres films for relaxation.
Primarily, I watch English films. A recent
one that I enjoyed was Lions for Lambs where
Tom Cruise plays a senator, he says. Music
is another stressbuster and Bhattacharya lists
songs by Tagore and Kishore Kumar as among his
favourites. A voracious reader, he actually
goes through at least two books at a time. One
at present is Aravind Adigas The White
Tiger. I avoid reading management books!
he says with a grin. After working for close
to 40 years in a developing corporate scenario
like India, he could write a few management
books himself!
M.V. Ramsurya and Krishna Gopalan
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