We have grown in assets but compared to other large groups, we are only beginning. I don’t want to be the biggest; I want to set up a good organisation

Some 30 years ago, Grandhi Mallikarjuna Rao used to cycle 25-30km a day in rural Andhra Pradesh collecting money for the rice, spices, jute or grains he had supplied. Rao was a mechanical engineer, the first graduate in his family living in a village not far from Vizag. Today, Rao oversees assets worth Rs15,000 crore in power, roads, and airports. Though Rao is extremely low profile, when you...

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