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Dhirubhai Ambani

57quotes

Dhirubhai Ambani: A Visionary Entrepreneur and Philanthropist


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#### Full Name and Common Aliases
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Dhirajlal Hirachand Ambani was born on December 28, 1932. He is commonly known as Dhirubhai Ambani.

#### Birth and Death Dates
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Born: December 28, 1932
 Died: July 6, 2002

#### Nationality and Profession(s)
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Indian entrepreneur and philanthropist.

Early Life and Background


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Dhirubhai was born in Chorwad, a small village in the state of Gujarat. His family had modest means, with his father working as a school teacher. Despite these limitations, Dhirubhai's entrepreneurial spirit was evident from an early age. He began selling spices at a local train station when he was just 17 years old.

Major Accomplishments


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Dhirubhai Ambani founded Reliance Industries Limited in 1958 with a modest investment of INR 15,000 (approximately USD 200 at the time). Under his leadership, the company grew into one of India's largest and most successful conglomerates. The company diversified into various sectors such as textiles, petrochemicals, power generation, and telecommunications.

Reliance Industries' flagship product was its polyester yarn, which revolutionized the textile industry in India. Dhirubhai also pioneered the concept of the "democratic" business model, where employees were given a significant stake in the company's profits through stock options.

Notable Works or Actions


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Pioneering the Indian Stock Market: In 1977, Reliance Industries became the first Indian company to list its shares on the New York Stock Exchange (NYSE). This move marked a significant milestone in India's economic liberalization and paved the way for other Indian companies to follow suit.
 Building a Petrochemical Empire: Dhirubhai Ambani was instrumental in establishing Reliance Industries as a major player in the petrochemical industry. The company's first petrochemical complex, located at Nagothane in Maharashtra, was commissioned in 1978.

Impact and Legacy


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Dhirubhai's entrepreneurial vision, innovative spirit, and leadership transformed India's economy. He not only created one of India's largest business empires but also inspired generations of entrepreneurs with his rags-to-riches story.

Reliance Industries continues to be a driving force in India's economic growth, with its various sectors contributing significantly to the country's GDP.

Why They Are Widely Quoted or Remembered


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Dhirubhai Ambani's quotes and wisdom continue to inspire entrepreneurs and business leaders around the world. His commitment to innovation, risk-taking, and social responsibility is a testament to his enduring legacy. As one of India's most successful entrepreneurs, Dhirubhai Ambani remains an icon in the business world.

He will be remembered for generations to come as a pioneer who transformed the Indian economy through his innovative entrepreneurial spirit and vision for growth.

As a widely quoted figure, Dhirubhai Ambani's insights on entrepreneurship, innovation, and leadership continue to inspire and motivate people around the globe.

Quotes by Dhirubhai Ambani

Dhirubhai Ambani's insights on:

We can’t change our rulers, but we can least teach them how to rule us.
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We can’t change our rulers, but we can least teach them how to rule us.
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Reliance’s success is a reflection of India’s capabilities, the talent of her people and the potential of her entrepreneurs, engineers, managers, and workers.
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Reliance’s success is a reflection of India’s capabilities, the talent of her people and the potential of her entrepreneurs, engineers, managers, and workers.
DA
The success of the young entrepreneur will be the key to India’s transformation in the new millennium.
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The success of the young entrepreneur will be the key to India’s transformation in the new millennium.
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Dhirubhai will go one day. But Reliance’s employees and shareholders will keep it afloat. Reliance is now a concept in which the Ambanis have become irrelevant.
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Dhirubhai will go one day. But Reliance’s employees and shareholders will keep it afloat. Reliance is now a concept in which the Ambanis have become irrelevant.
DA
I, as school kid, was a member of the Civil Guard, something like today’s NCC. We had to salute our officers who went round in jeeps. So I thought one day I will also ride in a jeep and somebody else will salute me.
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I, as school kid, was a member of the Civil Guard, something like today’s NCC. We had to salute our officers who went round in jeeps. So I thought one day I will also ride in a jeep and somebody else will salute me.
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We must always go for the best. Do not compromise on quality. Reject if it is not the best – not only the best in India, but globally.
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We must always go for the best. Do not compromise on quality. Reject if it is not the best – not only the best in India, but globally.
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The most important external environment is the government of India. You have to sell your ideas to the government. Selling the idea is the most important thing, and for that I’ll meet anybody in the government. I am willing to salaam anyone. One thing you won’t find in me and that is an ego.
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The most important external environment is the government of India. You have to sell your ideas to the government. Selling the idea is the most important thing, and for that I’ll meet anybody in the government. I am willing to salaam anyone. One thing you won’t find in me and that is an ego.
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Don’t give up, courage is my conviction.
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Don’t give up, courage is my conviction.
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Think big, think fast, think ahead. Ideas are no one’s monopoly.
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Think big, think fast, think ahead. Ideas are no one’s monopoly.
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My advice to young entrepreneurs is not to accept defeat in the face of odds, and challenge negative forces with hope, self-confidence and conviction.
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My advice to young entrepreneurs is not to accept defeat in the face of odds, and challenge negative forces with hope, self-confidence and conviction.
DA
#accept
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