Mukesh Ambani Quotes

We are working at putting the most modern technology in farms at Indian costs. I always say whatever the US implements in dollars we should be able to do it at exchange rate of Rs 10, then we would be globally competitive.

We have not invested well in marketing ourselves. It is partly because of my trait. I believe that if my conviction is right, I will not need to go and explain myself to anyone. I believed that ultimately everyone will figure out what you are. We are changing this approach.

The US and Europe saw large players in foods by the '50s and '60s; but in India, food has always been a disorganised, fragmented value chain. We believe that India's purchasing power will be food-dominated. The first thing we need is safe to eat food that will, in turn, meet many other needs.

I think that China is maintaining steady growth, it is not decelerating. Europe has found its own transition path and they will transgress through the financial system in an orderly way and it is my expectation. India has had some slow growth. But, I am very optimistic on India,

We tried to create an open environment. In today's language, we created SOPs and SOCs (standard operating procedures, standard operating conditions) so that everybody was on the same page. We wanted an organisation where everybody contributes but the business is not dependent on a few individuals

The most discussed building in Mumbai is probably the twenty –seven- story of Mukesh Ambani India’s wealthiest man and the head of Reliance Industries. Ambani’s personal wealth is estimated at just under $ 25 billion, just about a billion for each floor of his Mumbai home.

We got into telecom in the '90s by bidding for cellular licences. But I felt that the real value is in the convergence of information and communication; pure communication will not deliver a sustainable value; that is why we called ourselves infocomm. It was learning a whole new domain. We brought in experts from the outside but we essentially did it with proven Reliance people.

We were clear that we had to be internationally competitive and were passionate about building competencies that were the best in the world even when the tariffs were very high. It was an obsession with me to beat the Taiwanese and the Koreans who dominated the polyester business in the '70s.

From a million people, it will benefit 10 million people. If that is what has happened in software, imagine what will happen in agriculture.

So, these were the four components of my upbringing -- the academic stuff where I was left to myself, Mahendrabhai, my father's passion for creating Reliance and the last piece was his deep links with the family.

We got into life sciences as a defence mechanism in the late '90s

I have turned into a big nature fan as well....I can afford it more today. These childhood influences have shaped me into what I am today.

A third track running at that time, apart from academics and the fun stuff, was that my father shared with me his passion for business and entrepreneurship from very early on. Even when I was in high school, I used to spend long hours at office on weekends.

As my father was privileged to have witnessed in 1947, independence of India from Britain, I was privileged to have seen in 1991 India embracing economic reforms that liberated our country’s entrepreneurial energies. These two transitions set India on the path of development and had a profound on the world both political economic terms.

Even when I was doing chemical engineering, I was working almost full time for Reliance. I finished college at 2.30 pm and went straight to the office. I remember, we were raided and my father was in the US.