MUKESHAMBANI

(Entrepreneur)

Prepared By:
Farzanul Haque Mony (161200138)
Submitted to:
Md. Ishaque Khan (142200113)
Rakib Ahmed Maria Islam (151200090)

Tasnuva Islam
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 Presentation Flow

Introduction
Early Life And Education
Business Career
Investment
Organizations Lists
Lessons for Followers
Conclusion

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 Introduction
They say a good businessman can spot business in every opportunity, but a great
businessman sees opportunity in every venture. Needless to say, a personification of
this avowal can very well take form of Mukesh Ambani, head honcho of Reliance
industries Limited (RIL) in every sense of good reason.

Being a chemical engineer to a Stanford drop out, the journey of one of the true
visionaries and business magnate is relived in this short report about Mukesh Ambani.

Right from his early age to his education, career and the milestones he has achieved
are a rare feat and is enough to make every Indian proud.

Mukesh Dhirubhai Ambani was born on April 19, 1957 in the city of Aden in Yemen.

Mukesh Ambani is the eldest son of Dhirubhai Ambani, the late patriarch of the
Reliance Empire and Kokilaben Ambani. He has a brother, Anil Ambani, andtwo
sisters - Dipti Salgaoncar & Neena Kothari.

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 Continue
He is an Indian business magnate, the chairman and managing
director of Indian conglomerate Reliance Industries,the
largest private sector enterprise in India listed in Fortune
500 magazine.
As of 2011, he is the second richest man in Asia and the ninth
richest man in the world with a personal wealth net worth of
$22.6 B and earning worth $3,019,935 as of November 2011.

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 Early Life And Education 5

From childhood, Mukesh Ambani was industrious and had a

strong urge to become famous.
He used to live with his family in the Usha Kiran skyscraper at
Altamount Road in the 60s until Dhirubhai Ambani then
purchased a 14-floor apartment block called 'Sea Wind' in Colaba,
Mukesh Ambani was educated at Abaay Morischa School in
Mumbai.
And his indomitable wish to become famous and well known
across the world made him one of the most successful
entrepreneurs of the world.
Being the first child, he received all the love and attention of his
parents. His father was keen on providing an all-round
development to his four children.
Early Life And Education 6

He completed his graduation with a bachelor`s degree in chemical

engineering from the University of Mumbai, Department of Chemical
Technology (UDCT), now Institute of Chemical Technology, Mumbai. He
stood sixth in the University exams.
Mukesh later enrolled for an MBA from Stanford University but completed
only one year of the two year program and dropped out in the year 1980.
It was early 80s, and during that time the World Bank's Young Professional's
Programme (YPP) was quite famous. Mukesh was keen to pursue the
prestigious YPP after completing his MBA. All this would take him a year
and a half, after which he would return to India, to work on the polyester
plant.
But his father was to start work on the polyester plant right away. So, to help
him build the PFY plant, Dhirubhai pulled his eldest son Mukesh out of
Stanford where and Mukesh decided to return to India immediately.
 Business Career 7
In 1980, the father of Mukesh Ambani Dhirubhai Ambani applied for a
license to set up a PFY manufacturing plant. In spite of stiff competition
from Tatas, Birlas and 43 others, Dhirubhai was awarded the license. To
help him build the PFY plant, Dhirubhai pulled his eldest son Mukesh out
of Stanford where he was studying for his MBA. Mukesh Ambani then
continued to work for Reliance. Beginning in 1981, he led Reliance's
backward integration from textiles into polyester fibers and further into
petrochemicals.
Mukesh Ambani set up Reliance Infocomm Limited (now Reliance
Communications Limited), which was focused on information and
communications technology initiatives.
Ambani directed and led the creation of the world's largest grassroots
petroleum refinery at Jamnagar, India, which had the capacity to
produce 33 million tons per year in 2010, integrated with
petrochemicals, power generation, port and related infrastructure.
In December 2013 Ambani announced, at the Progressive Punjab
Summit in Mohali, the possibility of a "collaborative venture" with Bharti
Airtel in setting up digital infrastructure for the 4G network in India.
 Business Career 8

Anil used a combination of threat of disclosures and appeal to

mother to finally get Reliance Communications Limited, Reliance
Energy Limited and Relianc Infocomm. And his 30% share will
help him infuse much needed funds in the three companies.
He is a member of the Prime Minister's Council on Trade and
Industry, Government of India and the Board of Governors of The
National Council of Applied Economic Research (NCAER), New
Delhi.
Mukesh Ambani is married to Nita Ambani, who looks after the
social and charitable arm of Reliance Industries.
He also owns the Mumbai Indians I.P.L cricket team which he
bought for the highest bid of $111.9 million.
 Strategic 9

Management
Strategic management is an ongoing process that
evaluates and controls the business and the
industries in which the company is involved;
assesses its competitors and sets goals and
strategies to meet all existing and potential
competitors; and then reassesses each strategy
annually or quarterly [i.e. regularly] to determine
how it has been implemented and whether it has
succeeded or needs replacement by a new
strategy to meet changed circumstances, new
technology, new competitors, a new economic
environment., or a new social,
 Reliance Industries Limited 10
The Reliance Group, founded by Dhirubhai H. Ambani (1932-2002), is India's largest
private sector enterprise, with businesses in the energy and materials value chain. Group's
annual revenues are in excess of US$ 44 billion. The flagship company, Reliance
Industries Limited,is a Fortune Global 500 company and is the largest private sector
company in India.
Backward vertical integration has been the cornerstone of the evolution and growth of
Reliance. Starting with textiles in the late seventies, Reliance pursued a strategy of
backward vertical integration - in polyester, fibre intermediates, plastics, petrochemicals,
petroleum refining and oil and gas exploration and production - to be fully integrated along
the materials and energy value chain.
The Group's activities span exploration and production of oil and gas, petroleum refining
and marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals),
textiles, retail and special economic zones.
Reliance enjoys global leadership in its businesses, being the largest polyester yarn and
fibre producer in the world and among the top five to ten producers in the world in major
petrochemical products.
Major Group Companies are Reliance Industries Limited (including main subsidiary
Reliance Retail limited) and Reliance Industrial Infrastructure Limited.
Major Subsidiaries And Associates

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Reasons for Success
Always thinks out of the box. Apart from traditional and conventional beliefs, Mukesh
Ambani always does things in an unconventional ways.
Doing things in a different way. When generating funds from public by means of
shares, its difficult to gain trust and convince them so It has gone into their psyche that to
do things differently.
Empower ordinary people to extra ordinary things. The other thing that is not visible
externally is methods, processes, systems that moved Reliance away from a system that is
totally owner-driven. Reliance were among the last to put up a polyester plant.
Investment in excellence is investment in the future. Mukesh Ambani run Reliance
Industries Limited has been accorded with the second position in the list of worlds 10
biggest sustainable value creators. By generating the largest shareholder value in terms
of market capitalization, Mukesh Ambani and Reliance Industries Limited, both, are held
as the finest corporate entities of the world today.
Self belief and opportunity analysis is essential for an entrepreneur. In the journey of
an entrepreneur, the most important thing is self-belief and the ability to convert that
belief into reality. He believed that we could raise money from the capital market and
return it with profits. His second belief was that India is a great opportunity.
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 Conclusions
Through its uniqueness and providing that quality products, RIL has
made its name felt. It is a company which has succeeded due to the hard
work and sincerity of its employees. So it is truly the employees
company. And all credit must go to Mukesh Ambani.
A shrewd businessman who knows the value of money and invests in
future prospects with a guaranteed return
A person who also takes care of the Corporate Social Responsibility by
means of Bal Kalyan programme, Dhirubhai Ambani hospital, Project
Jagruti and initiative to combat HIV and T.B
He very well understands the fact that unlike money, time lost can never
be regained.
According to him one needs to find opportunity in every adversity.
As Mukesh Ambani rightly says: One of his biggest obsessions is that
senior people must give bright 25-year-olds the opportunity to
contribute meaningfully. - Mukesh Ambani, after recalling the
opportunities he received as a young man.
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 Source Of Information
http://www.ril.com/html/aboutus/mukesh_ambani.html
Bloomberg Business Week:
http://investing.businessweek.com/research/stocks/people/person.asp?personId=7388031&ticker
=RIL:IN
http://www.forbes.com/profile/mukesh-ambani/
http://en.wikipedia.org/wiki/Mukesh_Ambani
http://en.wikipedia.org/wiki/Reliance_Industries
http://www.askmen.com/celebs/men/business_politics_60/95_mukesh_ambani.html
http://www.technicalsymposium.com/mukehambani-biography.html
http://www.ayushveda.com/mens-magazine/why-is-he-famous/
http://connect.in.com/mukesh-ambani/biography-387.html
http://archives.digitaltoday.in/indiatoday/20050704/cover.html
http://business-standard.net.in/india/news/ambanis-seal-deal-finally/212046/
http://luxpresso.com/news-lifestyle/what-you-didnt-know-about-mukesh-ambani/6733

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