Fact: The media landscape in India is dominated by the Marwari community
“Back then, look at the conditions a Marwari grew in, with no water, tough climate, and lack of any education. He couldn’t have got a job; trading or starting a business was the only option. Gradually he excelled in finance through sheer practice. This was through a daily routine of adding the numbers at the end of a business day (the parta system). When the Marwari left his hometown, any work was never too big or small. Also, in the new region, no one knew him. There was no societal pressure and he could pick up any task that helped him earn a living. The Marwari took advantage of that and earned. He picked up the smallest task to earn… and gradually he met with success and made money.”
(This story appears in the 21 March, 2014 issue of Forbes India. To visit our Archives, click here.)