DHIRUBHAI AMBANI

Presented ByAvadhesh Gupta

28.12.1932 FOREVER

BIRTH

D.O.B.- 28.12.1932 born at Chorwad, of Gujurat

He

Father

- Hirachand Govardhandas Ambani -a school teacher

Jamanaben

Mother-

Two brothers and two sisters.

VISION

Through sustainable measures, create value for the nation, enhance quality of life across the entire socio-economic spectrum and help spearhead India as a global leader in the domains where we operate

MISSION

Create value for all stakeholders Grow through innovation Lead in good governance practices Use sustainability to drive product development and enhance operational efficiencies Ensure energy security of the nation Foster rural prosperity

VALUES
Our growth and success are based on the ten core values of Care, Citizenship, Fairness, Honesty, Integrity, Purposefulness, Respect, Responsibility, Safety and Trust

CHILDHOOD

Extremely demanding, and difficult to placate. As he grew up, he became even more vigorous.

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.

SOCIALIST DAYS

Dhirubhai campaigned for the Socialists. His elder brother and father were strongly opposed to this decision, especially as he had failed in his matriculation examination in the previous year. The candidates for whom he had campaigned won. Dhirubhai was pleased and was invited to join the Socialist Party but he had other things in mind. "Though I found the life of politics immensely attractive, I felt deep in my heart that I belonged to somewhere elsebusiness, perhaps, though things were not yet so clear to me," he said in his later years.

LIFE IN ADEN

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.

Roamed the bazaars of Aden where traders from different backgrounds, bought and sold goods worth millions of pound sterling during the day. Temptation towards speculation- Joined Gujarati firm- Learnt the basics. Read newspapers, magazines, book, etc. relating to business, history, and psychology. 1954-Ambanis marriage and 1st oil refinery and harbor came up in Aden. Promotion to Ambani.

1954- MARRIAGE WITH KOKILABEN

EARLY YEARS IN BOMBAY

Enters into partnership with cousin Champaklal Damani in 1962 for yarn and spices business with a capital of Rs.15,000. Ends partnership in 1965 due to conflicts of decisions. Starts sole proprietorship concern. Asia Times quotes: "His people skills were legendary.

A former secretary reveals: "He was very helpful. He followed an 'open-door' policy. Employees could walk into his cabin and discuss their problems with him."

RELIANCE TEXTILES

Starts Reliance textiles at Naroda in 1966. Starts brand of vimal textiles; vimal brand franchised throughout the country. His assets were worth 10 lakhs by 1970s.

Reliance textiles gets certified excellent by developed country standards for their manufacturing units in 1975.

SECRET OF SUCCESS

FIRST STEP BACKWARD

decided to start a textile unit of his own decided to buy a old mill and renovate it

But just when the deal was to be initialed, one of the partners reneged on the agreement
From then on he decided to build on his own using the best technology irrespective of the cost First factory was built in Naroda, still a developing area

Motivator and Person of his Words

Most of his team members were uneducated except for an engineer and 2 matriculates He was an all-in-one package and fixed the troublesome nitty-gritty's.

Nylon was decided to be manufactured.

Devaluation by the government steeply raised the project cost. Problem of locating trained and experienced textile mill workers In spite of all difficulties, production started on the morning of the target date of 1 September 1966

Dhirubhai Ambani is credited with starting equity investing in India. More than 58,000 investors from various parts of India subscribed to Reliance's IPO in 1977.
Dhirubhai was able to convince people of rural Gujarat that being shareholders of his company will only bring returns to their investment.

Reliance Industries holds the distinction that it is the only Pvt. Co. whose several annual general meetings were held in stadiums.

DIVERSIFICATION

In 1982 Ambani began the process of backward integration, setting up a plant to manufacture polyester filament yarn.
He subsequently diversified into chemicals, petrochemicals, plastics, power. The company as a whole was described by the BBC as "a business empire with an estimated annual turnover of $12bn, and an 85,000-strong workforce". The final phase of Reliances diversification occurred in the 1990s when the company turned aggressively towards petrochemicals and telecommunications.

DEATH

Admitted to the Breach Candy Hospital in Mumbai on June 24, 2002 after he suffered a second major "brain stroke. First one had occurred in February 1986 and had kept his right hand paralyzed.

State of coma for more than a week.

Breathed his last on July 6,2002, at around 11:50 P.M.

As a mark of respect,The Mumbai Textile Merchants' decided to keep the market closed on July 8, 2002.
At that time,Reliance Group had a gross turnover of Rs. 75,000 Crore or USD $ 15 Billion

ACHIEVEMENTS

Chosen 'Businessman of the Year 1993', Business India, January 1994 Awarded the Companion Membership of the Textile Institute, UK, an award which is limited to 50 living members who have "substantially advanced the general interests of the industries based on fibres", 1994. Leading business magazine Business Barons placed him in its list of 'India's 25 Most Influential Business and Financial Leaders', June 1998. Chosen as 'Star of Asia' by Business Week, USA, June 1998.

CONTD..

Chosen as one of the three 'makers of equity' by India Today in their special millennium issue entitled '100 People Who Shaped India in the 20th Century', January 2000. Awarded the Dean's Medal by The Wharton School, University of Pennsylvania, for setting an outstanding example of leadership, June 1998. The only Indian industrialist in 'Business Hall of Fame' in Asiaweek, October 1998.

WORK TO THE SOCIETY

EDUCATIONAL INITIATIVES

(DA-IICT)- Dhirubhai Ambani Institute of Information and Communication Technology established by The Dhirubhai Ambani Foundation (DAF) at Gandhinagar in Gujarat.

Community Development

Gave importance for community development.

Healthcare Initiatives

The DAF has joined the management of Sir Hurkisondas Nurottumdas Hospital and Research Centre (HNH&RC) It is a 28-year-old institution involved in clinical research DAF converted this hospital into a patient-focused and not-for-profit. Dhirubhai Ambani Hospital, Lodhivali, District Raigad

GURU- FILM BASED ON DHIRUBHAI AMBANI

DHIRUBHAI AMBANI SAYS.

Only when you dream it you can do it."
"Our dreams have to be bigger. Our ambitions higher. Our commitment deeper. And our efforts greater. This is my dream for Reliance and for India."

"You do not require an invitation to make profits."

"If you work with determination and with perfection, success will follow."

"Pursue your goals even in the face of difficulties, and convert adversities into opportunities."

"Don't give up, courage is my conviction."

THANK YOU