There is nothing predictable about building a company in India. Markets shift without warning. Deals fall apart without notice. A wrong call can set a business back years. That is why judgement matters. The companies and leaders who stand out are the ones who act before the pay off becomes visible. As Habil Khorakiwala of Wockhardt puts it, “There are moments in the life of an institution when decisions must be made not for today but for decades to come.” Over the next 40-odd pages, you will meet businesses shaped by that belief, outliers that moved in directions the rest of their industry ignored. One rebuilt itself from the brink by returning to the laboratory. Another held on to an affordable model even as its entire sector collapsed. In autos, a company redesigned a familiar product until it sparked a national comeback. In health care, another pushed through two failed bids before the breakthrough that changed its scale. A mobility player started in small towns when bigger platforms ignored them. A late entrant shook a mature market in a single year. One platform grew by resisting shortcuts. A consumer brand trusted instinct over noise. And a family enterprise chose renewal over control. These are not stories of perfect conditions. They are stories of conviction, of people who kept moving when standing still felt safer, often far from the spotlight.
How Conviction Built Companies That Refused to Play Safe
Stories of companies that acted before rewards were visible, choosing conviction over comfort and pushing ahead when standing still seemed safest

Outlook Business Outliers 2025
Outlook Business Outliers 2025




