1965. The first major Indo-Pak war was raging. Lal Bahadur Shastri was Prime Minister. Mother India had become old but Sholay had not yet been made. The words spectrum, coal gate and saffronization had not entered common parlance. Bajaj Auto operated in a different world. It made placid Vespas rather than muscular Pulsars. It was protected by tariffs but throttled by red tape. Would you have invested in it? And if so, where would you be now?
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