Mukesh Ambani
- Country : India
- Profession :Indian Businessman
- DOB: 1957-04-19
Mukesh Ambani is an Indian billionaire industrialist, born on April 19, 1957, in Aden, Yemen. He is the chairman and largest shareholder of Reliance Industries Limited (RIL), a conglomerate with interests in petrochemicals, refining, oil, telecommunications, and retail. Under his leadership, RIL has grown into one of India’s largest and most valuable companies. Ambani earned his degree in chemical engineering from the University of Mumbai and joined the family business, founded by his father Dhirubhai Ambani, in the 1980s. He played a key role in expanding RIL’s operations and diversifying its portfolio. His ambitious projects include the development of the world’s most expensive residential property, Antilia, in Mumbai.
The true measure of success is not what you achieve but what you inspire in others.
Author: Mukesh AmbaniUntil my father brought me into Reliance, I was pretty sure that I wanted to study in a U.S. university: hopefully, a little bit of time, either work at the World Bank or teach as a professor.
Author: Mukesh AmbaniI have turned into a big nature fan as well… I can afford it more today. These childhood influences have shaped me into what I am today.
Author: Mukesh AmbaniI guess when you are left on your own, you find your true potential. I remember my father never came to our school even once.
Author: Mukesh AmbaniBy that time – the early ’70s – Vimal was a fairly successful textile brand. So everybody expected me to do textile engineering. I shocked them by saying that I would go to IIT.
Author: Mukesh AmbaniI’m a Mumbai boy… On its streets I learnt to stand up for myself, in its roadside stalls I learnt to bargain, in its commercial centres I learnt business, and in its cinemas I learnt to dream.
Author: Mukesh AmbaniThe organizational architecture is really that a centipede walks on hundred legs and one or two don’t count. So if I lose one or two legs, the process will go on, the organization will go on, the growth will go on.
Author: Mukesh AmbaniI am a big believer that whatever has gone lies in the past. You should only learn from it, and you should only look at the present and the future. That’s been my father’s philosophy and mine as well.
Author: Mukesh AmbaniThe US and Europe saw large players in foods by the ’50s and ’60s; but in India, food has always been a disorganised, fragmented value chain. We believe that India’s purchasing power will be food-dominated. The first thing we need is safe to eat food that will, in turn, meet many other needs.
Author: Mukesh AmbaniMahatma Gandhi’s dream of self-reliance can be attained by making use of Internet and technology.
Author: Mukesh AmbaniI believe, 50 years from now, when you write history, one technology that would have changed human civilization is going to be the mobile Internet.
Author: Mukesh AmbaniOur established businesses of hydrocarbons, energy, and petrochemicals pretty much run on their own, with their own proven leaders. This has helped me focus almost exclusively on two things: Firstly, new businesses. And secondly, institutionalising what I call the Reliance Management System.
Author: Mukesh AmbaniA third track running at that time, apart from academics and the fun stuff, was that my father shared with me his passion for business and entrepreneurship from very early on. Even when I was in high school, I used to spend long hours at office on weekends.
Author: Mukesh AmbaniMy obsession is with technology and how it can improve human life. In my view, what we have seen in the last 300 years is only a trailer.
Author: Mukesh AmbaniWhy will I not give free service to my customers to get them used to mobile Internet, and to get every small town and village to use it? Everybody does promotions. In the internet world, free is normal.
Author: Mukesh AmbaniChina and India will, separately and together, unleash an explosion of demand.
Author: Mukesh AmbaniWe got into telecom in the ’90s by bidding for cellular licences. But I felt that the real value is in the convergence of information and communication; pure communication will not deliver a sustainable value; that is why we called ourselves infocomm. It was learning a whole new domain. We brought in experts from the outside but we essentially did it with proven Reliance people.
Author: Mukesh AmbaniEssentially, whoever is successful, whoever is going to do things that make a difference, is going to be talked about.
Author: Mukesh AmbaniAt Reliance, we have always believed in investing in the businesses of the future and in investing in talent.
Author: Mukesh AmbaniI personally think that money can do very little. And this has been my experience all across.
Author: Mukesh AmbaniMy first memories are of the early ’60s at mount road which was then an emerging area. We were a close-knit family and the four of us — Dipti, Nina, Anil and I — were left to do what we wanted. There were boundaries, of course, but within those, we were not micro-managed. Things have changed so much now. When my kids, Isha and Akash, were in the third standard, we behaved as though it was our exam.
Author: Mukesh AmbaniYou have to manage money. Particularly with market economies. You may have a great product, but if your bottom line goes bust then that’s it.
Author: Mukesh AmbaniAll of us know that the energy from the sun can now be harnessed, and we need to convert it sensibly to use it.
Author: Mukesh AmbaniThe most employment-intensive industry in the world is retail and our next generation needs these jobs. India has a strategy for the next generation of doctors, engineers and biotech graduates, etc. But for the country as a whole, what we need to resolve is how to create sensible jobs for undergraduates and or those even less educated.
Author: Mukesh AmbaniAll of us, in a sense, struggle continuously all the time, because we never get what we want. The important thing which I’ve really learned is how do you not give up, because you never succeed in the first attempt.
Author: Mukesh AmbaniSo, these were the four components of my upbringing — the academic stuff where I was left to myself, Mahendrabhai, my father’s passion for creating Reliance and the last piece was his deep links with the family.
Author: Mukesh AmbaniDance to your own music and take some risks in life, because it is often the risk taker who changes the course of history… and contribute to the well-being of millions of lives.
Author: Mukesh AmbaniProfit or loss is not guaranteed. That depends on the consumer and depends on the product. That’s a risk that business people take.
Author: Mukesh AmbaniI was very focussed on building various competencies in Reliance and we were not ready to do two things at the same time. It was a big risk for us to get into IT, especially because it was hugely effort-intensive. In my language, I said we have too much soap on our body and we need to take a bath in the chemicals business.
Author: Mukesh AmbaniI think our fundamental belief is that for us growth is a way of life and we have to grow at all times.
Author: Mukesh AmbaniThe regulator’s job is not to guarantee us a profit, however much we cry. The regulator’s job is to first make sure that the country goes forward and then make sure that the consumer goes forward.
Author: Mukesh AmbaniMobile internet will be the single-most defining technology of this century for human development.
Author: Mukesh AmbaniI believe India today is potentially poised for another even more stupendous leap on its upward trajectory. India’s relative weight in the global economy and in world affairs in general, is bound to grow for many reasons. By 2030, India is projected to overtake China as the most populous country in the world, with the third largest economy in US dollar terms. Furthermore India is a very young nation with nearly two thirds of its population below the age of thirty-five.
Author: Mukesh Ambani