DHIRU BHAI AMBANI
Dhiru Bhai Ambani creates India’s largest private sector company. Reliance is the first Indian company to feature in Forbes 500 list . Dhiru Bhai Ambani was the most enterprising Indian entrepreneur. His life journey is resonant of the rags to riches story. He is remembered as the one who rewrote Indian corporate history and built a truly global corporate group. He was born in December 28, 1932 at Chorwad, Gujarat, into a Modh family. His father was a school teacher. Dhiru Bhai Ambani started his entrepreneurial career by selling “bhajias” to pilgrims in Mount Girnar over the weekends. and died in : July 6, 2002.
After doing his matriculation at the age of 16, Dhiru Bhai moved to Aden. He worked there as a gas-station attendant, and as a clerk in an oil company. He returned to India in 1958 with Rs 50,000 and set up a textile trading company. Assisted by his two sons, Mukesh and Anil, Dhiru Bhai Ambani built India‘s largest private sector company, Reliance India Limited, Over time his business has diversified into a core specialization in petrochemicals with additional interests in telecommunications, information technology, energy, power, retail, textiles, infrastructure services, capital markets, and logistics.
In 1992, Reliance became the first Indian company to raise money in global markets, its high credit-taking in international markets limited only by India‘s sovereign rating. Reliance also became the first Indian company to feature in Forbes 500 list.
Dhiru Bhai Ambani was named the Indian Entrepreneur of the 20th Century by the Federation of Indian Chambers of Commerce and Industry (FICCI). A poll conducted by The Times of India in 2000 voted him “greatest creator of wealth in the century”.