₹1 crore is not enough to start any business today: KM Birla

Aditya Birla Group Chairman KM Birla, in a podcast with Nikhil Kamath, said, "₹1 crore is just not enough to start any business in today's context." "I would rather just keep it in the bank," he stated. On being asked whether ₹10 crore would be enough, he said, "Not so much that you can do...In India...scale is important."