Indian Business Market is the Very Large Business Place Over The World. Not Only The Indian Industrialist But All Over the India Based Largest Entrepreneur’s Are Redirected To Keep Eyes on Indian Market. They Follow Up the Various Different Sectors Of Business to Make Money Via putting Some of Their Values Into Indian Economical Part. if You Also Going To See in Indian Capital World, You Will Find the various Of Quality at Every Sector. You Will Find Many Different Names At Some Particular Sectors. But All the Sectors Are Very Powerfully Captured by the India’s Largest Business Tycoon Family Ambani Family. Ambani Name Is Enough To look For the Dreams In Any Person’s Eyes. Ambani Is Not Only A Name or Surname, Its A Multi Billion Synonym Of Money.
Ambani Family Started From Mr. Dhirubhai Ambani, Who is The Creator of Indian Business in Each Sector. From being a spice dealer to a cloth merchant to a textile producer, it was his overarching ambition, inexhaustible energy and never-say-die spirit that led him through all the obstacles to emerge as the business tycoon of India. He established and laid the foundation for Reliance Industries, which has become one of the largest conglomerates of India today.
a legacy that would serve as an inspiration for generations to come! Dhirubhai Ambani’s life is surely the rags to riches story, as he took one step at a time to become one of the industrial giants of the country. Fuelled by an aim to ‘Think Big, Think Differently, Think Fast and Think Ahead’ his capacities in the entrepreneurial sector were in stark contrast with his competitors, as he promised his dealers a deal that was revolutionary, ‘profit we share, losses are mine’.
Early Life & Education :
Dhirajlal Hirachand Ambani(Dhirubhai Ambani ) was born on 28 December 1932, at Chorwad, Junagarh (now the state of Gujarat, India) to Hirachand Gordhanbhai Ambani and Jamnaben in a Modh family of very moderate means. His father was employed as a school teacher while his mother was a homemaker. right from an early age, he was aware of the insufficiencies that the family dealt with due to the meagre income of his father and large expenses. he Married With Kokilaben Ambani in 1955. He Has 4 Children Mukesh Ambani, Anil Ambani, Nina Kothari, Deepti Salgaonkar.
Ever since childhood, Dhirubhai was more keen on work than studies and repeatedly bunked classes and roamed in streets, watching people work and making money. He’d once said his mother to stop lamenting about the hardships and that he would make “heaps of money one day.” He was not Too Much Interested In Schooling & His Studies. he always Wanted to make Money & Explore the Ideas, how To makes More Money.
He Started His Early Education here From Junagarh, But He was Not Eager to Attend The Classes So He Joined The Union Parties. he was elected as the General Secretary of the Junagarh State Union. It was his passion and active political involvement that brought him to the notice of political leaders. Leaving aside his political pursuits, he concentrated on academics and gave his matriculation exams. due to the ill health of his father and impoverished living condition of the family, he had to give up on his education. Dhirubhai Ambani is said to have started his entrepreneurial career by selling “pakora” to pilgrims in Mount Girnar over the weekends.
After Dropping From The Studies he Had To Work For his Family So his Brother Ramnikbhai sent him to Aden, Yemen, which was the second busiest oil banking and trading port of the time.
Early Career & Business Lessons :
Dhirubhai Ambani joined the largest transcontinental trading firm named A.Besse & Co as a gas-station attendant, as well as a dispatch clerk. A.Besse & Co would deal in every possible branch of trading. The company dealt with trading all sorts of goods to European, American, African and Asian companies. He worked with A. Besse & Co. for a salary of Rs.300. It was there that he learnt accounting, book keeping and preparing shipping papers and documents. He also acquired the skill of dealing with banks and insurance companies.
His hard work promoted him to maintain and manage company`s oil filling station at the port of Aden. A. Besse & Co. became the distributors for Shell products. It was therein that thoughts of building a refinery first shaped his dream. he moved back to India in 1958 and started exploring business opportunities in Bombay. he came back to India with Rs 50,000 and started the business of polyester yarn import-export at Masjid Bunder of South Mumbai and later founded the Reliance Commercial Corporation with an investment of 15,000. It was a 350 Sq. Ft. room with a telephone, one table and three chairs. Initially, they had two assistants to help them with their business. In 1965, Champaklal Damani and Dhirubhai Ambani ended their partnership and Dhirubhai started on his own.
he settled as a spice trader under the name Reliance Commercial Corporations. He soon started trading spices, sugar, jaggery, betel nuts and such to Gulf Emirates. He focused on low profits, high volumes and rich quality. Playing on his idea of establishing a manufacturing unit, he soon realized the same by setting up a textile mill in Naroda, Ahmedabad in 1966. His main aim was to produce the best quality nylon in the quickest way possible and in largest quantities. In 1967 his dreams started to realize as the Naroda factory began producing the finest quality of Nylon, but the new company had no buyers in the market as the wholesalers refused to buy fabric from Reliance.
Establishment of Reliance :
he soon stepped out on the road and started selling his stock directly to retailers. His daring attitude and gutsy behaviour impressed all and soon the market for ‘Vimal’, the name of his fabric, grew and started expanding. He launched his first brand “Vimal” sometime in 1969-70,and in 1975, his manufacturing was visited by a team of technical experts from the World Bank who certified it as “excellent even by developed country standards.”
Soon the Reliance family grew large and prosperous with influx of a whole new gamut of fresh and experienced workers. He later diversified into petrochemicals and sectors like Telecommunications, Information Technology, Energy, Power, Retail, Textiles, Capital Markets and Logistics. The biggest breakthrough in his life came in the year 1977, when he managed to attract over 58,000 investors in the very first IPO of Reliance Commercial corporation and he never looked back ever since. He breathed his last on July 6, 2002, after a major stroke.
Reliance’s Different Sectors :
Over the period of time, the Reliance industries diversified into other sector, such as, telecommunications, information technology, energy, power, retail, textiles, infrastructure services, capital markets, and logistics. Reliance have 4 Major Subsidiaries,
- Reliance Jio Infocom
- Reliance retail
- Network 18
- Reliance Petroleum
Also Apart From those Major Sectors,Reliance have Some of other Subsidiaries;
- Reliance Life Science
- Reliance Logistics
- Reliance Solar
Net Worth of Reliance :
Ambani’s his great achievement was that he showed Indians what was possible. Dhirubhai revolutionized the way capital market functioned by drawing large amount of retail investors in a market till then dominated by financial institutions. Reliance have 2,50,000 Employee Capital. Dhirubhai Started The Company With 1500rs. Which gained The Value of $64 Billion. Total Asset value of Reliance is $110 Billion.
Honour & Achievements :
Establishment of reliance In 1966 is a Whole Sole Achievement in It Self. But With no Oxford or Yale degree and no family capital, he achieved what the Elite Well Educated Person only can Imagine In His Dreams. He has been honoured for several times for his significant contributions.
- In 1996, 1998, and 2000 Asia week magazine featured him among Power 50, the most powerful people in Asia.
- In 1998 The Wharton School, University of Pennsylvania honoured him with Dean’s Medal for his excellent leadership.
- he was named ‘Man of 20th Century’ by the Federation of Indian Chambers of Commerce and Industry (FICCI).
- In 2000, Times Of India voted him “Greatest Creator of Wealth in the Centuries”.
- In 2011, Global Asian Award
- In 2016, Padma Vibhushan
“Give the youth a proper environment. Motivate them. Extend them the support they need. Each one of them has infinite source of energy. They will deliver.”
– Dhirubhai Ambani