Mr. dhirubhai ambani
- 1. A PRESENTATION ON INDIAN ENTREPRENEUR DHIRUBHAI AMBANI Presentation by : Yash Nagda
- 3. INTRODUCTION Dhirajlal Hirachand "Dhirubhai" Ambani (28 December 1932 – 6 July 2002) was an Indian business tycoon who founded Reliance Industries in Bombay with his cousin. Dhirubhai Ambani son of a school teacher in a remote village in rural Gujarat, chose to build his own spectacular dream by hiring as well as using some of the country’s most shrewd and influential minds.
- 4. BIRTH OF RELIANCE INDUSTRIES the birth and history of Reliance Trading Corporation (which imported polyester and exported spices) later renamed Reliance Textiles Corporation before finally being named Reliance Industries show, both camps were spot on in their estimation of the man who returned from Aden to begin his tryst with destiny in 1958 with just Rs 50,000. He was 26 then but had already given enough indications of his money-making abilities while first working as a petrol pump attendant and then as a clerk in an oil company. No one, of course, could have imagined then that the former student of Junagadh’s Bahadur Kanji High School, who during the sixties lived in a one-room chawl in Mumbai with his wife and children, would be ranked by Forbes as the world’s 138th- richest person, with an estimated net worth of $2.9 billion in 2002, the year he succumbed to a vascular stroke.
- 5. In 1976-77, Reliance had an annual turnover of Rs 70 crore (Rs 700 million). By the time he passed away, Ambani had converted this fledgling enterprise into a Rs 75,000-crore (Rs 750-billion) colossus -- an achievement that earned Reliance a place in the global Fortune 500 list, the first ever Indian private company to do so. Ambani, who established his first textile mill, turning out polyester cloth under the Vimal brand name at Naroda near Ahmedabad in 1966, set up a polyester plant in the 1980s. In the 1990s he turned aggressively toward petrochemicals, oil refining, telecommunications and financial services. On the flip side, many say, he had to pay a heavy price in later years for remaining a hero in the eyes of ordinary shareholders.
- 6. He appeared in the The Sunday Times top 50 businessmen in Asia. Ambani took Reliance Industries public in 1977 and by 2007, the combined fortune of the family was $60 billion, making the Ambanis the third richest family in the world He probably holds a world record in setting up a 10,000 tonne polyester yarn plant in 14 months. In 1976-77, Reliance had an annual turnover of Rs 70 crore (Rs 700 million). By the time he passed away, Ambani had converted this fledgling enterprise into a Rs 75,000-crore (Rs 750- billion) colossus -- an achievement that earned Reliance a place in the global Fortune 500 list, the first ever Indian private company to do so.
- 7. Dhirubhai Ambani has undoubtedly made enormous capital in his lifetime. But he started his journey with Rs 1 ands while he crested wealth it is not for him but equally for his thousand of share holders.
- 8. Following a stroke in 1986, Ambani handed over control of Reliance to his sons Mukesh and Anil. Ambani died after a major stroke on 6 July 2002 in Breach Candy Hospital. In November 2004, in an interview, admitted to haMukesh Ambani ving differences with his brother Anil over 'ownership issues.' He also said that the differences "are in the private domain." After the death of Dhirubhai Ambani, the group was split into Reliance Industries Limited, headed by Mukesh Ambani, and Reliance Anil Dhirubhai Ambani Group (Reliance ADA Group), headed by Anil Ambani. RISING OF AMBANI BROTHERS
- 9. HE COULD ALL THIS BECAUSE HE COULD DREAM, AND DREAM BIG Here are some inspiring quotes by Dhirubhai Ambani which will give wings to your dreams “If you don’t build your dream, someone else will hire you to help them build theirs”. “Think Big Think Fast ,Think Ahead .Ideas are no one monopoly.” If you’re born poor it’s not your fault but if you die poor it’s your fault True Entrepreneurship come from Risk Taking If you work with determination and with perfection, success will follow you.
- 10. Thank You