The Story of Dhirubhai H. Ambani
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- Опубліковано 21 сер 2024
- The second son of a school teacher, Dhirubhai was born in 1932 in the village of Chorwad in Gujarat in circumstances that can best be described as modest. Driven by hardship and want, he had to drop out of school early.
In 1949, at the age of 17, he went to Aden (now Yemen) in search of opportunity, and worked as a dispatch clerk for A. Besse & Co. A couple of years later, the company became a distributor for Shell products and Dhirubhai was promoted to manage the company’s oil-filling station at the port of Aden. It was here that he dreamed of setting up and owning a refinery, which he later realised with his petrochemicals venture. He returned to India in 1958 to launch his first business venture, a spice trading company named Reliance Commercial Corporation.
In 1962, Dhirubhai identified an emerging opportunity in yarn trading and shifted to the new business. Three years later, he changed the name of his company to Reliance Textile Industries Limited. In 1966, he purchased land in Naroda, Gujarat, to set up a textile mill. In 1975, a technical team from the World Bank recognised the Naroda mill as one of the best composite textile mills in India and certified it as ‘excellent even by developed country standards’.
In 1977, the company went public. At the time of the Reliance Textiles IPO, participation in the Indian capital markets was largely limited to a small but influential elite which dabbled in a handful of stocks. The great majority of India’s middle class chose to stay away. Dhirubhai’s decision to prefer the capital markets over banks as the primary source of funding for his ambitious expansion plans, was as daring as it was unprecedented. In the event, The Reliance IPO was an unlikely success. Against all odds, Dhirubhai managed to convince a sufficiently large number of sceptical middle class investors to put their money, and faith, in what was then a small, relatively unknown company. The subsequent growth and success of Reliance and its philosophy of generously rewarding shareholders rapidly gave Dhirubhai an iconic status in the Indian financial markets.
Under Dhirubhai’s charismatic leadership, the Annual General Meetings (AGM) of Reliance took on the character of large public spectacles. Typically held in large public arenas, and attended by thousands of adoring shareholders, the Reliance AGM became a day to remember in the annual corporate calendar of India. In 1986, the Reliance AGM held in Cross Maidan, Mumbai, was attended by as many as 30,000 stockholders - a record in India’s corporate history.
By the mid-80s, Dhirubhai had become something of a living legend, widely hailed by peers and critics alike as one of the greatest corporate visionaries in the history of post-Independent India.
But Dhirubhai was never one to rest on his laurels. In the early 80s, he had taken the first important step in strategic backward integration for Reliance with the commissioning of the Patalganga plant which initially manufactured polyester filament yarn and polyester staple fibre.
In 1991, he set up Reliance Hazira, for the manufacture of petrochemicals-the next link in the backward integration chain. At the time, Reliance Hazira represented the single largest investment made by a private sector group in India at a single location.
Meanwhile, Dhirubhai had firmed up plans of setting up a massive grassroots refinery-the next big leap in his overall strategic roadmap for Reliance. Conceived as the world’s largest grassroots refinery at the time, Jamnagar in Gujarat was to have an annual capacity of 27 million tonnes. In the face of formidable challenges, including a massive cyclone that flattened the project site mid-way through construction, Reliance commissioned the Jamnagar facility in 1999. It was a fully integrated refinery, complete with a dedicated port and a captive supply of power. The refinery was not only commissioned ahead of schedule, but also set up at a cost that was significantly lower than the prevailing global benchmark for a project of such magnitude.
It was one of Dhirubhai’s great dreams in life to see ordinary Indians enjoy the enormous economic benefits of being able to access affordable yet world class telecommunications infrastructure. He wanted Reliance to spearhead a communications revolution that would dramatically cut down the cost of connectivity, and propel India into the digital age. His ultimate ambition: To make the cost of a phone call cheaper than that of a post card. It was therefore entirely logical for Reliance to enter the telecommunications space when the sector was opened up for private participation in the 1990s. The rest, as they say, is history.
Only business aspirant and pursuant can do this i respect for your achievement sir
L ll
This actually makes me cry , what a legend , so is his son mukesh bhai
" FOR THOSE WHO DARE TO DREAM, THERE IS A WHOLE WORLD TO WIN."
----- DHIRUBHAI AMBANI.
It's universal truth when things go wrong...99 out of 100 part their ways...and then a survival's hero is born and he gathers strength from inside and gets succesful and then whole world follows that hero...that is dhirubhai he has seen many bad times but he always fought back till death and succeed again and again in all the walks of life..this is life...harsh and raw..
Gujjus are good in identifying the performers and rewarding them lavishly.. This keep their business growing...
Dhirajlal H. Ambani was my grandfather's close friend. Dhiraj ji was a man who not only thought about his own profit, but also people's. Whatever he did may be illegal, unlawful, wrong, but when his stocks ruled the markets, we were the people who were profited equally as him. #Respect #Proud #Happy
kalakala
Sunny tiwari
So nice of you sir
Mene ye video banya he dhirubhai ambani par
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Thankyou
what do you mean by illegal, unlawful and wrong ?
Look at him & look at your grandfather
Excellent Video, Iam a huge fan of Dhirubhai ambani, I admire his guts, All industrialist do the things, he is usually blamed for, I sincerely believe, if you have the talent and burning desire to do things and some silly rules stop you, then there is no harm to play around the rules!!! Long Live Dhirubhai ,iam blessed to have been in the same 'time period' as he was !!
+Harishchandar B lots of those ruled also installed or purchased by other vested interest
nayakarma by my MB
Harishchandar B
that 'S my Gujarati
Dhirubhai Ambani is an inspiration... for all young ones out there...
Not just to run a business and become No.1, but to dare to do things that they like in Life !
REST IN PEACE M.R DEHRUBHAI AMBANI SIR🙏
Dhirubhai is god of business...one day I will also BCM like him
😭Pride of India....He must be awarded Bharat Ratna 🙏 for his contributions towards India's growth development projects worth appreciable.Proud of Gujrati community.. Wonderful message for every indian citizen 🇮🇳💐🌹 God bless the divine soul with peace and blessings 😭🙏 Vande Mataram Jai Hind 🇮🇳💐🌹
Only Because of Your Blessings... I survived Pendamic...
Hope, Next Journey I can Survive and thrive.🙏
LONG LIVE DHIRUBHAI AMBANI AND FAMILY
love you Dhirubhai...
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Legend for a reason
A man who created real life kgf …not on gold …but on oil
What is certainly sad, is you did not include Anil in any part of the story. This means you disrespect your own history. Shameful!
You are always my inspiration... and will be....
He is inspiration to everyone of us
Those with vimal strike like..
Without self industry india cannot be self reliant & prosperous, No foreign investment can bring prosperity in our nation.
dheeeru Bhai ambano was great men
Love. U dhirubhai....
DAMN BEAUTIFUL AND GREAT AND OUTSTANDING AND AMAZING
It's vary inspiring 👍
🇮🇳❤❤❣🚀🚀💕💕💕🇮🇳🇮🇳coming soon next dheerubhai ambani #Shivam Gond
You are ideal role model sir ❤
Awesome
SALUTE TO #DhirubhaiAmbani
good amazing video.
Hello
Sir mene bhi ye video banaya he sir
Aek bar dekhke bato kesa laga
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excellent sir
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dheeeru Bhai ambani was great man
PARIN DADIA
திருபாய் அம்பானி ❤😍
Legend
Great
nice
Heavy competition in various forms will let us down in present situation because everyone has to play fair
dhirubhai ambani empire of reliance
🖤
superb
Siri Kakollu w
Siri Kakollu the UK and I
Bhai Hindi me Dubb kar k bana taki sab log dekh sake aur samaj sake...english me Audio India wale nahi Pate bcz hindi is OUR INDIAN language So u must dub this video in Hindi Also
PuNiT PaTeL fool hindi one of the indian language .
Tu jaahil hai toh hum kya kare
I am Sorry Sir... It wasn't possible for me to do that great... But, will try to do. Now I know my mistakes.
🙌🏻🙌🏻🙌🏻
BRAVO Ambani👍
🙏🏻
God❤️
❤️
SAB SE AAGEY HONGE HINDUSTANI YEH BAAT HAI SAB NE MAANI
Then when and to whom Anil Ambani has born 😎
🙏🙏
JAB TAK SOORAJ CHAAND RAHEGA DHIRUBHAI AMBANI TERA NAAM RAHEGA
WOW
l impress by ambani
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And still no Bharath Ratna😐..
2:06 real life KGF
big such each men
KnollGaziraton Ratongazi k
Ajay Sahani
Sonam Bodh
✊✊✊✊✊✊✊
I heard he have two sons, but at video shows only one son.. why
1:38 mukesh
1:46 anil at back of the car
Vary nys h .d
Struggling. n
what about melting silver coins in Yemen?
Mohan hai
Comment karnekeliye..... Thoda bohot dum chahiye
Ambani richest person in the world 4 th
K
B
Hutton qwx
Tuna.gadeta.dam.nahi
kalla kaphir
I heat it
l
Land
Legend