7/30/2019 Avadhesh Ent

1/28

Presented By-Avadhesh Gupta

DHIRUBHAI AMBANI

7/30/2019 Avadhesh Ent

2/28

28.12.1932 FOREVER

7/30/2019 Avadhesh Ent

3/28

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.

7/30/2019 Avadhesh Ent

4/28

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

7/30/2019 Avadhesh Ent

5/28

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

7/30/2019 Avadhesh Ent

6/28

VALUES

Our growth and success are based on the ten

core values of Care, Citizenship, Fairness,

Honesty, Integrity, Purposefulness, Respect,

Responsibility, Safety and Trust

7/30/2019 Avadhesh Ent

7/28

CHILDHOOD

Extremely demanding, and difficult to placate.

As he grew up, he became even more vigorous.

7/30/2019 Avadhesh Ent

8/28

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.

7/30/2019 Avadhesh Ent

9/28

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.

7/30/2019 Avadhesh Ent

10/28

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.

7/30/2019 Avadhesh Ent

11/28

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.

7/30/2019 Avadhesh Ent

12/28

1954- MARRIAGE WITH KOKILABEN

7/30/2019 Avadhesh Ent

13/28

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."

7/30/2019 Avadhesh Ent

14/28

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.

7/30/2019 Avadhesh Ent

15/28

SECRET OF

SUCCESS

7/30/2019 Avadhesh Ent

16/28

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

7/30/2019 Avadhesh Ent

17/28

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

7/30/2019 Avadhesh Ent

18/28

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.

7/30/2019 Avadhesh Ent

19/28

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.

7/30/2019 Avadhesh Ent

20/28

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

7/30/2019 Avadhesh Ent

21/28

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.

7/30/2019 Avadhesh Ent

22/28

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.

7/30/2019 Avadhesh Ent

23/28

WORK TO THE

SOCIETY

7/30/2019 Avadhesh Ent

24/28

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.

7/30/2019 Avadhesh Ent

25/28

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

7/30/2019 Avadhesh Ent

26/28

GURU- FILM BASED ON DHIRUBHAI AMBANI

7/30/2019 Avadhesh Ent

27/28

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."

7/30/2019 Avadhesh Ent

28/28

THANK YOU