ranbaxy daiichi deal

Can Indian entrepreneurs take the companies they passionately built to be No 1 company in the world?Passion and enterprise seem to guide the first generation; but for a successful venture the second and third generation do not have the passion and emotional intelligence and mental maturity to take it to the next level .
This is the view expressed by a freelance professional in a leading daily today.It led me thinking about corporate culture in today's India.Ranbaxy deal is the proximate cause for this blog. I have also been quite intrigued by the entire takeover news. India is upbeat on pharmaceutical companies and of late even when the market was volatile and showing steep declines, it was the pharma stocks which were holding firm. Ranbaxy has been giving always positive news and is seen as professionally managed with very good reputation. Medical practitioners swear by their drugs for their efficacy and consistency.
But then why did they sell out? The owner is only 36 years old and that makes it more intriguing. Is it the love of money and no responsibilities that was the driving force?Or as the author in this daily says Indian entrepreneurs dont have the mental stamina and vision to take it to a global level. He also compares it to Indians not having the killer instinct in sport.
Institution builders are not lured by money.The passion and the vision is what drives them and keeps them going. We seem to settle for average growth and manageable scale.Colonial mindset or spiritual stagnation, what is it?
Perhaps I only want news of Indian companies acquiring global brands; the reverse is unpalatable. This itself is a good sign.