Robust, perseverant, benevolent and thirsty for success – Mukesh Ambani is a name that can cajole the whole market in the most uncertain times. His main task, when he joined Reliance Industries Ltd (RIL) in 1987, was to initiate the company’s backward integration journey from textiles into polyester fibres and further into petrochemicals, petroleum refining, oil & gas exploration and production. Then came Reliance Infocomm Limited (now Reliance Communications Limited), whose main impetus was on information and communications technology initiatives.
His initial years set the whole industrial space into a whirl. The world’s largest grassroots petroleum refinery at Jamnagar, which currently stands at an annual capacity of 33 million tons, integrated with petrochemicals, power generation, port and related infrastructure, was one of his key achievements. Soon after, he transformed “Jamnagar” into the ‘Refining Hub of the World’ by setting up another 27-million -ton refinery next to the existing one in Jamnagar with an aggregate refining capacity of 1.24 million barrels of oil per day.
International recognityion soon came his way when he was appointed as a Director by the Board of Directors of the Bank of America Corporation on its Board, making him the first non-American to occupy such a position. While he spearheads the group’s strategy and new forays, RIL is set to transform India’s energy landscape with the oil and gas flowing from Dhirubhai 1 & 3. His logbook also reflects the company’s development of infrastructure facilities and implementation of a pan-India organised retail network spanning multiple formats and a robust supply chain infrastructure.
His life stands for a lot more than just an inspiration or a mere success story. His life is an example of unparalled achievements and AMP stands in awe of it. He is a true legend of business.