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Taste of kapil chugh
1. TASTE OF KAPIL CHUGH
Kapil Chugh, the successful mogul in telecommunications and one of the
wealthiest persons of India, drives a customized Mercedes. His Mercedes 600
AMG has some modifications from the basic model. This is not any ordinary
Mercedes; it is more like a tank but weighting light. His car is covered with heavy
armor that explained why the whole car weighs around two tons. This means that
this car is really expensive since India has a huge import duty on armored car.
Kapil Chugh spent around $1.12 million on this tailored Mercedes.
Recently, Kapil Chugh topped his annual wage for the past eight years. Each year,
this successful entrepreneur in telecommunications makes US$1.8 million. This is
a lot of money but not exorbitant, especially when compared to the annual salary of
a Chief Executive Officer based in the United States. The CEOs for big American
corporations make each year an average of $15.4 million. Kapil Chugh announced
recently his partnership with the top three operators in communications including
Idea, Vodafone, and Airtel.
India Ratings says that such partnership will heat up the competition in the market
and move other operators to improve their services in order to keep their
customers. Kapil Chugh plans to set foot in television field with a bundle package
offering numerous channels, internet, and telephone to Indians.