By Researcher and reporter: Shama Sultana Anika Tahsin
The saying “a man is only as big as his dreams” is frequently used. However, it takes perseverance; not everyone can achieve their goals. Unmatched in success, Dhirubhai Ambani established a massive empire from nothing.
In the realm of Indian business, Dhirubhai Ambani, the man who founded Reliance Industries, is famous. Through his perseverance, creativity, and unwavering bravery in taking chances, he has reached the highest level of achievement in life. The success of a common man turned remarkable and is the subject of today’s narrative, which goes beyond the tale of a wealthy businessman.
The initial stages
In a little Gujarati village in 1932, Dhirubhai Ambani was born. His mother Jamnaben Ambani was a homemaker, and his father Hirachand Gordhanbhai Ambani taught in schools. The family’s financial situation was not ideal. So, at a very young age, he entered the war of life. He overcame every stage of life thanks to his ability and diligence. When he was just 17 years old, he moved to Yemen. To support the family financially, he began working there as a clerk. His monthly pay was just 300 taka at the time.
Establishment of Reliance Industries
Founding of Reliance Industries by Dhirubhai Ambani. | Photo: Collected
Dhirubhai embarked on his enterprise upon his return to India in 1958. His aspirations and unwavering attitude were what kept him going even though he had just 500 taka at the time. Living in a one-room bungalow in Mumbai, he began trading a variety of goods from this location, including spices and fabric. His reputation in the corporate world took eight years to develop.
Reliance Industries’ forerunner, “Reliance Commercial Corporation,” was established by Dhirubhai and his brother Champaklal Damani later in the 1960s. He started as a dabbler in the textile industry and worked his way up to become the largest company in India with Reliance Industries.
commencement of achievement and international recognition
The leadership capacity was one of Dhirubhai Ambani’s best attributes. Alongside his remarkable leadership skills, he was a prosperous businessman. Reliance Industries grew to be one of the biggest corporate groupings in India throughout time as a result of his exceptional abilities. Thanks to his inventive use of technology, efficient manufacturing techniques, and strong leadership, he propelled the company to new heights.
Dhirubhai Ambani oversaw the international expansion of Reliance Group. Enters the telecom, refinery, and petrochemical industries. By providing regular people with access to investing options, he brought the stock market to the attention of many in India. By his acts, he gained the support of the general public and turned Reliance Industries into a formidable corporation.
Through his work, he has demonstrated that any goal can come true with the correct leadership and mindset.
In 1986, Dhirubhai Ambani experienced his first significant stroke. He decided to transfer ownership of his firm to his two sons following the paralysis of his right hand. He experienced a second stroke on June 24, 2002, which left him unconscious. On July 6th, he departed from this life.
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