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Presented By-Avadhesh Gupta
DHIRUBHAI AMBANI
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28.12.1932 FOREVER
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BIRTH
D.O.B.-28.12.1932
He born at Chorwad, of Gujurat
Father - Hirachand Govardhandas Ambani-a school teacherMother- Jamanaben Two brothers and two sisters.
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VISION
Through sustainable measures, create value for the
nation, enhance quality of life across the entiresocio-economic spectrum and help spearhead India
as a global leader in the domains where we operate
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MISSION
Create value for all stakeholders
Grow through innovation
Lead in good governance practices
Use sustainability to drive productdevelopment and
enhance operational efficiencies
Ensure energy security of the nation Foster rural prosperity
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VALUES
Our growth and success are based on the ten
core values of Care, Citizenship, Fairness,
Honesty, Integrity, Purposefulness, Respect,
Responsibility, Safety and Trust
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CHILDHOOD
Extremely demanding, and difficult to placate.
As he grew up, he became even more vigorous.
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EDUCATION
After he completed his primary education, at the villageschool, he was sent to the Junagarh Dist. for furtherstudies.
Quite popular in his school and well- known for his
brilliance and hard-work.
Elected general secretary of the Junagarh Students Union.
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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.
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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 ofSuez, engaged in almost every branch of trading business-cargobooking, handling, shipping, forwarding, and wholesale
merchandising.
Dhirubhai -first sent to the commodities trading section & later,transferred to the section that handled petroleum products forthe oil giant Shell.
quick on the uptake; learnt the ways of commodity trading.
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Roamed the bazaars of Aden where traders fromdifferent backgrounds, bought and sold goods worthmillions of pound sterling during the day.
Temptation towards speculation- JoinedGujarati firm- Learnt the basics.
Read newspapers, magazines, book, etc. relating to
business, history, and psychology.
1954-Ambanis marriage and 1st oil refinery and harborcame up in Aden. Promotion to Ambani.
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1954- MARRIAGE WITH KOKILABEN
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EARLY YEARS IN BOMBAY
Enters into partnership with cousin Champaklal Damani in1962 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 followedan 'open-door' policy. Employees could walk into his cabin anddiscuss their problems with him."
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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 developedcountry standards for their manufacturing units in1975.
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SECRET OF
SUCCESS
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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 ofthe partners reneged on the agreement
From then on he decided to build on his own usingthe best technology irrespective of the cost
First factory was built in Naroda, still a developing
area
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Most of his team members were uneducated except for anengineer and 2 matriculates
He was an all-in-one package and fixedthe troublesome nitty-gritty's.
Nylon was decided to be manufactured.
Devaluation by the government steeplyraised the project cost.
Problem of locating trained and experienced textile millworkers
In spite of all difficulties, production started on the morning of
the target date of 1 September 1966
Motivator and Person of hisWords
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Dhirubhai Ambani is credited with startingequity investing in India. More than 58,000
investors from various parts of Indiasubscribed to Reliance's IPO in 1977.
Dhirubhai was able to convince people ofrural Gujarat that being shareholders of hiscompany will only bring returns to theirinvestment.
Reliance Industries holds the distinctionthat it is the only Pvt. Co. whose severalannual general meetings were held instadiums.
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DIVERSIFICATION In 1982 Ambani began the process of backward
integration, setting up a plant to manufacturepolyester filament yarn.
He subsequently diversified into chemicals,
petrochemicals, plastics, power. The company asa whole was described by the BBC as "a businessempire with an estimated annual turnover of$12bn, and an 85,000-strong workforce".
The final phase of Reliances diversificationoccurred in the 1990s when the company turnedaggressively towards petrochemicals and
telecommunications.
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DEATH
Admitted to the Breach Candy Hospital in Mumbai on June 24, 2002after he suffered a second major "brain stroke.
First one had occurred in February 1986 and had kept his right handparalyzed.
State of coma for more than a week.
Breathed his last on July 6,2002, at around11:50 P.M.
As a mark of respect,The Mumbai Textile Merchants' decided tokeep 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
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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 generalinterests of the industries based on fibres", 1994.
Leading business magazine Business Barons placed him
in its list of 'India's 25 Most Influential Business andFinancial Leaders', June 1998.
Chosen as 'Star of Asia' by Business Week, USA, June
1998.
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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.
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WORK TO THE
SOCIETY
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EDUCATIONAL INITIATIVES
(DA-IICT)- Dhirubhai Ambani Institute ofInformation and Communication Technology -established by The Dhirubhai AmbaniFoundation (DAF) at Gandhinagar in Gujarat.
Community Development
Gave importance for community development.
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The DAF has joined the management of SirHurkisondas Nurottumdas Hospital and ResearchCentre (HNH&RC)
It is a 28-year-old institution involved in clinicalresearch
DAF converted this hospital into a patient-focused
and not-for-profit.
Dhirubhai Ambani Hospital, Lodhivali, DistrictRaigad
Healthcare Initiatives
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GURU- FILM BASED ON DHIRUBHAI AMBANI
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DHIRUBHAI AMBANI SAYS.
Only when youdream it you can
do it."
"If you work withdetermination and
with perfection,success will follow."
"Our dreams have to bebigger. Our ambitions
higher. Our commitmentdeeper. And our efforts
greater. This is my dreamfor Reliance and for India."
"Pursue your goals even
in the face of difficulties,and convert adversitiesinto opportunities."
"You do not requirean invitation tomake profits."
"Don't give up,
courage is myconviction."
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THANK YOU