Internet the biggest discovery after printing press. - Mukesh Ambani

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.

Mukesh took that vision [His father’s vision] to the next level at the beginning of India’s explosive growth in the late 1990s and 2000s and turning his father’s growing conglomerate into India’s largest company, whose taxes alone provide 5percent of all national government revenues.

My reference points were US companies. We were hugely influenced by large US chemical companies, especially DuPont. It was a very open company and we could take advantage of their learnings. The US is also a very open society. I could to go the US Association of Chemical Engineers and get the standards, data, etc.