Some interesting information related to the corporate king of India, Dhirubhai Ambani are given below:The first loanThree decades ago the financial institution ICICI gave Dhirubhai the first loan for Reliance Industries Ltd. The ICICI officials had never thought that Dhirubhai would be at their office within one year to demand second instalment of the sanctioned […]
April 30, 1982 was the day when a man named Dhirajlal Hirachand Ambani suddenly came into limelight. Earlier only a few knew him as Dhirubhai. Now he was India’s miracle man, Dhirubhai Ambani. When he woke up in the morning he had no idea what was coming to him on that day. With the mercury
The speciality of Relance Industrial Group was the thinking and working capacity of Dhirubhai Ambani. The scale of projects being undertaken was living proof of that. The gigantic Jamnagar refinery was seen to be believed. The refinery was set up with a capital of Rs. 25,000 crores which was mind boggling by Indian standards at
The Reliance Group set up by Dhirubhai Ambani has grown into a huge empire and has become the number one industrial house of India. Birlas and Tatas have got left behind. Dhirubhai was a man of few words but his works talked for him. Yet at times he did not shy away from revealing his
When Dhirubhai Ambani was carving a niche for himself in the business world there used to be a strange relationship between the industrialists and Indian politics. Lately, that relationship has considerably weakened due to the strictness of the Election Commission and close watch by envigorated mass media. Then it was not so. The politicians needed
Dhirubhai’s talent hunt funda was also quite famous. He was always on the look out for capable people. When he would decide that he needed that particular person for his empire he used to send an invitation for a talk to the target. The ensuing meeting would lead to a very balanced conversation. To several
Dhirubhai thought—‘‘It is not enough just to set a last date of a project. The expectation should be its accomplishment before that date.’’On this motto his sons have been acting upon faithfully. The father has left big impression and influence over his sons. Dhirubhai used to visualise the projects and his sons, Mukesh and Anil
When Dhirubhai stepped into the industrial field with his dreams then there was no economic liberalist environment like today. Entire industry was enmeshed into government controls. Corruption was prevalent in politics and administration due to licence raj. It was difficult for a newcomer to find a toe-hold. Textile industry was in the grip of old
Dhirubhai Ambani never shied away from breaking outdated traditions. He believed that if a modern idea was more profitable and sensible than a traditional thought of outdated value then it was simply stupid to stick to the tradition. He revealed the secret of his success thus—‘Indian product must be modern and its quality of international
Dhirubhai had his own unique plan of merger of various projects or diversification. Reliance Textiles was one example of it. He had merged it with Mynylon which was owned by ex-proprietors of Syndicate Bank (Pais). Only after this merger, he had come out with Reliance public issue.In 1968 when he had launched Vimal brand he
After initial successes in Mumbai Dhirubhai had gained confidence and the ground had been prepared for his take off. He turned towards his home state, Gujarat. He set up a mill at Naroda with a small capital of just Rs. 15,000 only. For his mill Dhirubhai undertook business of the purchase sale of synthetic fibres.
Dhirajlal Ambani was born on December 28, 1932 in Chorwar, Saurashtra, Gujarat. Hirachand Govardhandas was his father. He was a teacher by profession. The name of the mother was Jamunaben Hirachand Ambani. The family was very ordinary. Both the parents were of pious nature. Economically the family was not very rich but it was self