Introduction

 This book depicts the biography of great industrialist

Dhirubhai Ambani.
 His life does not need words for description.
 The industries set up by him are living monuments of
his achievements.
 He believed -'No one has monopoly over thoughts.
So, think big, think fast and think before others.
 Birth & Early Years
 Dhirajlal Ambani was born on December 28,1932 in
Chorwar, Saurashtra, Gujrat.
 His father was Teacher by profession.
 It was his father from whom he learnt 'Karma'
Philosophy.
 At matric level his learning ended and Professional
life began.
 His elder brother Ramniklal called him to Aden to put
him to some gainful work.
 He started at the job of clerk in A Bessy & Co.
 He made progress & at age of only 24 won post of
General Manager.
 Everyone looked incredulous when in 1959, he
tendered his resignation from high post of that company
& back to Mumbai.
 From Mumbai to Gujrat
 Back in Mumbai, with his small capital he floated
Reliance Commercial Corporation
 After initial successes in Mumbai Dhirubhai gained
confidence & turned towards home state Gujrat.
 He set up a mill at 'Naroda' with a small capital of
15000 only.
 He bought the raw material from Nirlon Chemicals &
Synthetic Fibres. But in 15 years he reversed entire
process. Now he was supplying raw material to same
company earlier he used to take from.
 First Public Issue
 In 1968 Vimal textiles brand had been launched in
market.
 The success of Vimal brand gave Dhirubhai
confidence that through issues he would be able to raise
capital for new projects.
 In 1977 Dhirubhai came out with his First public issue
for subscription.
 It was oversubscribed seven times.
 In 1977 Reliance paid initial investors a 43% annual
profit even when the profit level of share market was not
safe also.
 Self Dependance
 He did not want his main product to be dependant on
others for supply of input materials.
 Dhirubhai realised this fact & did not continue with
same mistake and Thus, he was able to keep end
products available at competitive rates in market and
outsold others.
 Dhirubhai thought-"It is not enough just to set last
date of a project.The explanation should be its
accomplishment before that date".
 Ambanis team Work
 Everyday for two hours the three used to discuss
industry related matters in mornings.
 This discussion determined their day's programmes
and strategies.
 Dhirubhai hsd trained his sons to be ready to face any
eventuality or challenge. They always kept several
options if thing went wrong anytime, anyway or
anywhere in business empire.
 Welcome was Talent
 Dhirubhai's talent hunt funda was quite ramous.
 First Dhirubhai would contact target talent & was told
he was required by Reliance team for benefit of
company.
 The offer would be politely turned down by talent.
Then, Dhirubhai would request for personal talk & send
him an air ticket.
 It made favourable impact & target felt honoured.
 Period of political Ups-Downs
 When Dhirubhai was carving niche for himself in
business world there used to be strange
 relationship between industrialist & politics.
 Around 1980 Dhirubhai had given material support in
raising stage for victory rally of Indira Gandhi.
 The series Arun Shaurie made sarcastic remarks when
Reliance group acquired 26% share of Indian
Petrochemicals Corporation Limited. (IPCL)
 Dhirubhai's Success Mantra
 Often to enthuse & encourage his officials & workers he
articulated his success formulae in the form of slogans.
 Just as the drops of rain create an expansive body of
water,similarly small savings of crores of
 middle class indians can make a huge capital for investment.
 What is good for India is good for Reliance and What is good
for Reliance is good for India.
 >Thought is power, an energy. The thinking must be
big,thinking be fast and ahead of others.
 >No one has monopoly over thinkingThinking is that
foundation on which person can build the palace of his success.
 Reliance at New heights
 The giganatic Jamnagar refinery was seen to be
believed.
 The refinery was set up with a capital of` 25000
crores which was mind boggling by Indian Standards at
that time.
 In 1986 dhirubhai had suffered heart attack still
 5% of country's total revenue collections come from
Reliance indusrial group beside contributing impressive
share in GDP.
 Statistics of Reliance group
 Founded: 1966
 First I.P.O. : November 1977
 Annual Turnover: : ` 12,000 cr.
 Gross Profits: 99,000 cr.
 Net profit: ` 6200 cr.
 Net Worth: `35,000 cr.
 Export Income: ` 15,000 cr.
 Honour & Citations
 Dhirubhai Ambani figured in power-50,Asia's most
powerful 50 persons featured by 'Asia week' in 2000.
 Dhirubhai was honoured 3 times(1999,2000,2001) as
India's most admired C.E.O.
 >In 2002 he was awarded the honour of 'Lifetime
Achievement'.
 The Last Voyage
 Life is short still shorter is the life of the industrious
people because they use up every second of their time.
 On June 24,2002 Dhirubhai suffered heart and brain
strokes.
 He went into 'Coma'. For 13 days he struggled for life.
 On July 6,2002 at 11.30 p.m.Dhirubhai departed for
his hevenly abode.It was sad news for people & the
nation.
 Conclusion
 Taking Dhirubhai Ambani's life as an example and by
adopting his values we too can make our lives successful
and pave the way of progress.
 Corporate world of India will always remain indebted
to this village of product of Gujarat for adding a new
dimensions to it and gaining it global recognition.
 I think if we get one hundred Dhirubhais in India our
economy shall rule the world
 India of his dreams can only be realized by following
the path charted out by him. That will be our true tribute
to him.