Dhiru Bhai Ambani was the founder of Reliance, the largest company of the private sector. This is the only Indian company included in the Forbes 500 list. His success story is an historic from land to sky. He changed the business priniple and found a new principle of hard working.
Dhirubhai Ambani was born on December 28, 1932 in Gujarat. His father was a school teacher. He began his earning by selling ‘bhajias’ to pilgrims to Mount Girnar over the weekends.
After passing the 10th exams, he moved to Aden, Yemen. He joined an oil tech company and worked there as a clerk.
He returned from Yemen to India and started “Majin” in partnership with his cousin Champaklal Damani who was with him in Turkey. He started his business to import polyester yarn and export spices to Yemen. The business partnership of Champaklal Damani and Dhirubhai Ambani was ended in 1965. It is said that both had different views and perceptions on how to conduct the work.
After ended the partnership, Dhirubhai Ambani started his own independent business.
He found Reliance Industries in 1966, as of 2012, the company has over 85,000 employees and provides almost 5% of the Central Government’s total tax revenue.
Reliance was the first Indian company in 1992 to raise the money in global market.
The Federation of Indian Chambers of Commerce and Industry (FICCI) named Dhirubhai Ambani, the Indian businessman of 20th century.
The times of India conducted a poll in 2000 and voted him as “a greatest creator of wealth in the century”.
He was honored with the Padma Vibhushan in 2016, India’s second highest civilian award for his work towards the field of Trade and Industry.
He died on 6 July 2002 at Mumbai after he suffered a major stroke.
“The country has lost iconic proof of what an ordinary Indian fired by the spirit of enterprise and driven by determination can achieve in his own lifetime”.
Atal Bihari Vajpayee, , Contemporary Prime Minister of India