‘The world is going to be ruled by knowledge’ L LAKSHMAN, Chairman Emeritus, Rane group× There’s a greater need to move towards data-based decision-making at all levels: L Lakshman, Chairman Emeritus, Rane group N Madhavan Having started his career in 1970, L Lakshman, Chairman Emeritus of the ₹4,300 crore Rane group, has experienced first-hand the rapid transformation of the Indian economy, from the rigid control era to a highly globalised one. In the process, he has built an institution that is known for its values, culture and quality. As he retires after five long decades in business, he recalls his journey in this conversation with