PRESENTATION

BY

Ajay Kumar Singh

TOPIC : Biography of India’s top

businessmanDHIRUBHAI

AMBANI[Founder of Reliance

Industries]

DHIRUBHAI AMBANIBorn : December

Chorwad,Gujarat,India

Died : 6 july 2002Mumbai,Maharashtra,

IndiaCause of Death :

StrokeNationality : IndianEthnicity : Gujarati

Occupation : Founder of Reliance Industries

Founder of Reliance Power

His wife : Kokilaben His sons : Mukesh and Anil

His daughters-in-law : Nita and Tina

KOKILABEN AMBANI

MUKESH & NITA

ANIL & TINA

Family of Dhirubhai Ambani

CHILDHOOD

Extremely demanding

As he grew up, he became even more vigorous, and irrepressible.

Possessed immense gusto and enormous energy.

Always determined to do what he wanted to do, in exactly the way he wanted it done, come hell or high water, as the phrase goes.

Education

After he completed his primary education, at the village school, he was sent to the Junagarh Dist. for further studies

Quite popular in his school and well- known for his brilliance and hard-work

Elected general secretary of the Junagarh Students Union

After his annual matriculation examination, on the request of his father he had to move to Aden, Yemen to support his family.

Aged 16 yrs.

Started worked with A. Besse & Co. as a dispatch clerk for a salary of Rs.300, immediately on reaching Aden.

A. Besse & Co.-- largest transcontinental trading firm east of Suez, engaged in almost every branch of trading business-cargo booking, handling, shipping, forwarding, and wholesale merchandising.

Dhirubhai -first sent to the commodities trading section & later, transferred to the section that handled petroleum products for the oil giant Shell.

quick on the uptake; learnt the ways of commodity trading.

Life in Aden

Majin Commercial Corporation Ten years later, Dhirubhai Ambani returned to India and started

"Majin" in partnership with Champaklal Damani, his second cousin, who used to be with him in Aden, Yemen.

The first office of the Reliance Commercial Corporation was set up at the Narsinatha Street in Masjid Bunder. It was 350 sq ft (33 m2). room with a telephone, one table and three chairs. Initially, they had two assistants to help them with their business.

During this period, Dhirubhai and his family used to stay in a one bedroom apartment. In 1965, Champaklal Damani and Dhirubhai Ambani ended their partnership .

Dhirubhai started on his own. It is believed that both had different take on how to conduct business. Ambani's net

worth was estimated at about Rs.10 lakh by late 1970s.

Reliance Textiles Sensing a good opportunity in the textile business, Dhirubhai

and Aryan Mehra started the first textile mill at Naroda, in Ahmedabad in the year 1966.

Dhirubhai started the brand "Vimal"Extensive marketing of the brand "Vimal" in the interiors of India made it a household name. Franchise retail outlets were started and they used to sell "only Vimal" brand of textiles.

Dhirubhai Ambani is awarded with starting the equity cult in India. More than 58,000 investors from various parts of India subscribed to Reliance's IPO in 1977.

1932Born

1949In Aden

1958Reliance Commercial Corporation

1966Started with the textile Mill

1977The Company Went Pubic

•9 Great management lessons from Dhirubhai Ambani

1: Roll up your sleeves and help. 2: Be a safety net for your team. 3: The silent benefactor. 4: Dream big, but dream with

your eyes open. 5: Leave the professional alone! 6: Change your orbit, constantly!

7. The arm-around-the-shoulder leader

8. The Dhirubhai theory of Supply creating Demand

9. Money is not a product by itself, it is a by-product, so don't chase it

Entrepreneurship’s true sense lies in the fact that he always looks upon opportunity.

“He gave courage which we never new we had”

1958 Started Business With Rs 1,50,000

1976 Turnover was Rs 70 Crore

2002 Turnover raised up to RS 75,000 Crore

2009Turnover is Rs 1,21,698 Crore

RELIANCE INDUSTRIES

Reliance

Industries

Limited

Oil & Gas

Petroleum

Petro-chemicals

Polyester

Textiles

Retail

Telecom

Guru- film based on Dhirubhai Ambani

BOOK

In 1998, a book published by Hamish McDonald titled "The Polyester Prince" is also an unauthorised biography of Dhirubhai Ambani, outlining all his political and business conquests.

AWARDS AND RECOGNITIONS Dhirubhai has been one among the select Forbes billionaires

Reliance is in the Fortune 500 The Economic Times - Lifetime Achievement Award

TNS-Mode Survey - India's Most Admired CEO Asia Week - Dhirubhai among Asia's 50 most powerful people 

The Times of India - Dhirubhai Ambani voted "Creator of Wealth" of the Century

Business India - Dhirubhai Ambani, Businessman of the Year 1993

Conferred 'The Economic Times Award for Corporate Excellence for Lifetime Achievement', August 2001. 

Voted as 'Indian Businessman of the Century' in Business Barons Global Multimedia Poll, December 1999. 

Amongst 'The Power 50 - India's 50 most powerful decision-makers in Politics, Business & Finance', Business Barons, August 1999. 

Declared 'Most Admired Indian Business Leader' by The Times of India, Indiatimes.com poll, July 1999. 

The only Indian industrialist in 'Business Hall of Fame' in Asiaweek, October 1998.