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“The 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”

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Mukesh Ambani

Mukesh Ambani on retail and SEZ plans

“We were clear that we had to be internationally competitive and were passionate about building competencies that were the best in the world even when the tariffs were very high. It was an obsession with me to beat the Taiwanese and the Koreans who dominated the polyester business in the '70s.”

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Mukesh Ambani

Mukesh Ambani on how Reliance was built

“So, 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.”

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Mukesh Ambani

Always invest in businesses of the future and in talent

“We tried to create an open environment. In today's language, we created SOPs and SOCs (standard operating procedures, standard operating conditions) so that everybody was on the same page. We wanted an organisation where everybody contributes but the business is not dependent on a few individuals”

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Mukesh Ambani

Mukesh Ambani on how Reliance was built

“I am a big believer that technology shapes mankind.”

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Mukesh Ambani

Quoted in 5 things you may not know about Mukesh Ambani, 15 October 2012, 17 December 2013, Profit NDTV http://profit.ndtv.com/news/people/article-5-things-you-may-not-know-about-mukesh-ambani-312075,

“Then, we stumbled on human and plant biotech. We were fortunate to have some good people and decided that Reliance can build this business over 5-10 years without any great revenue pressures. In the mainstream business, there was telecom or what I call infocomm.”

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Mukesh Ambani

Mukesh Ambani on how Reliance was built

“A 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.”

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Mukesh Ambani

Always invest in businesses of the future and in talent

“We only have a superficial knowledge about the true rural India -- the power structure, how to operate in tehsils, what are their true concerns, etc. But we think we can significantly change purchasing power and how we live. That's what motivates us”

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Mukesh Ambani

Mukesh Ambani on retail and SEZ plans

“I 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.”

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Mukesh Ambani

Always invest in businesses of the future and in talent

“I dream of India becoming one of four most powerful economies of the world. I believe this dream can be made a reality within our life times.”

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Mukesh Ambani

Quoted in page=30
Mukesh Dhirajlal Ambani, Anil Dhirajlal Ambani

“The Treaty of India is that all our billion people count and they have aspirations.”

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Mukesh Ambani

Aspiration of countrymen to ensure growth: Mukesh Ambani

“For me, this is a moment of re-dedication to the values, vision and goals of my father, teacher and mentor, Dhirubhai Ambani. To lead by love, by trust, and by example, I learnt these principles from him with humility.”

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Mukesh Ambani

Quoted in page=18
Mukesh Dhirajlal Ambani, Anil Dhirajlal Ambani

“Our own childhood was totally different. I guess when you are left on your own, you find your true potential. I remember my father never came to our school even once. Nevertheless, he was hugely interested in our all-round development for which he did some amazing things.”

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Mukesh Ambani

Always invest in businesses of the future and in talent

“In the '80s, when I came in, the ground rules were made clear to me. 'Build this business from scratch, without taking anyone from Reliance.' That forced you to be very disciplined. I looked around and figured out in three months that this industry runs on heroes.”

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Mukesh Ambani

Mukesh Ambani on how Reliance was built

“In the journey of an entrepreneur, the most important thing is self-belief and the ability to convert that belief into reality.”

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Mukesh Ambani

Always invest in businesses of the future and in talent

“We have not invested well in marketing ourselves. It is partly because of my trait. I believe that if my conviction is right, I will not need to go and explain myself to anyone. I believed that ultimately everyone will figure out what you are. We are changing this approach.”

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Mukesh Ambani

Mukesh Ambani on retail and SEZ plans

“Reliance will get listed on wall street because we want to benchmark ourselves with the top 100 companies of the world.”

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Mukesh Ambani

Quoted in page=26
Mukesh Dhirajlal Ambani, Anil Dhirajlal Ambani

“The food market is much bigger than the software services market. And the money goes straight into the hands of millions of farmers. The spinoffs are enormous -- jobs, houses, durables, a whole new consumption boom will start in rural areas.”

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Mukesh Ambani

Mukesh Ambani on retail and SEZ plans

“And it has to be non-academic. It is easy to be with your kids and say let's do homework together. But we try to do things, beyond doing lunches and dinners. I learnt that from my father. He was a big nature lover and during our school days, we went to different places every Sunday -- we walked through the forest or had a bath in streams.”

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Mukesh Ambani

Always invest in businesses of the future and in talent

“India's story is a "really a bottom-up" one and not the other-way round. We are on long-term growth trajectory and this is just not growth in terms of GDP numbers, this is really for well being of each and every Indian and that's the aspiration.”

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Mukesh Ambani

Aspiration of countrymen to ensure growth: Mukesh Ambani

“From a million people, it will benefit 10 million people. If that is what has happened in software, imagine what will happen in agriculture.”

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Mukesh Ambani

Mukesh Ambani on retail and SEZ plans

“We offer to protect their savings in a job here. If you earn $100,000 a year there, you also spend $80,000 and save $15,000-$20,000. We say, if you work for us in India, we will ensure you save $15,000 dollars a year and are part of something exciting without a loss to you.”

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Mukesh Ambani

Mukesh Ambani on retail and SEZ plans

“Even the managers. It was all a feudal style of management. If we had accepted that style, we would not have grown. It was simply not a scalable model. Of course, the easiest thing would have been to follow it. But we had a disruptive style of management. So we said, 'we don't want people carrying their wisdom in notebooks as if it is some kind of secretive operation.”

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Mukesh Ambani

Mukesh Ambani on how Reliance was built

“We 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.”

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Mukesh Ambani

Mukesh Ambani on how Reliance was built

“I am very bullish on India because it is really the aspiration of a billion people and ours is a county where all the billion count. There are some countries in the world where one person counts, there are some where the Politburo or 12 people count.”

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Mukesh Ambani

Aspiration of countrymen to ensure growth: Mukesh Ambani

“The first 200-odd people who built Patalganga with me are still around, running different businesses. It has gone into their psyche that we do things differently here. We have taken money from ordinary Indians and we are their trustees. When this is drilled into thousands of people, you automatically get performance.”

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Mukesh Ambani

Always invest in businesses of the future and in talent

“I 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.”

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Mukesh Ambani

Reimaging India: Unlocking the Potential of Asia’s Next Superpower

“My 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.”

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Mukesh Ambani

Always invest in businesses of the future and in talent

“We got into life sciences as a defence mechanism in the late '90s”

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Mukesh Ambani

Mukesh Ambani on how Reliance was built

“I think that China is maintaining steady growth, it is not decelerating. Europe has found its own transition path and they will transgress through the financial system in an orderly way and it is my expectation. India has had some slow growth. But, I am very optimistic on India”

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Mukesh Ambani

Aspiration of countrymen to ensure growth: Mukesh Ambani

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