Mukesh Ambani Quotes

46 Sourced Quotes

I believe India today is potentially poised for another even more stupendous leap on its upward trajectory. India's relative weight in the global economy and in world affairs in general, is bound to grow for many reasons. By 2030, India is projected to overtake China as the most populous country in the world, with the third largest economy in US dollar terms. Furthermore India is a very young nation with nearly two thirds of its population below the age of thirty-five.

Mukesh Ambani
I was very focussed on building various competencies in Reliance and we were not ready to do two things at the same time. It was a big risk for us to get into IT, especially because it was hugely effort-intensive. In my language, I said we have too much soap on our body and we need to take a bath in the chemicals business.

Mukesh Ambani
The most employment-intensive industry in the world is retail and our next generation needs these jobs. India has a strategy for the next generation of doctors, engineers and biotech graduates, etc. But for the country as a whole, what we need to resolve is how to create sensible jobs for undergraduates and or those even less educated

Mukesh Ambani
So, these were the four components of my upbringing — the academic stuff where I was left to myself, Mahendrabhai, my father's passion for creating Reliance and the last piece was his deep links with the family.

Mukesh Ambani
We got into telecom in the '90s by bidding for cellular licences. But I felt that the real value is in the convergence of information and communication; pure communication will not deliver a sustainable value; that is why we called ourselves infocomm. It was learning a whole new domain. We brought in experts from the outside but we essentially did it with proven Reliance people.

Mukesh Ambani
My first memories are of the early '60s at mount road which was then an emerging area. We were a close-knit family and the four of us — Dipti, Nina, Anil and I — were left to do what we wanted. There were boundaries, of course, but within those, we were not micro-managed. Things have changed so much now. When my kids, Isha and Akash, were in the third standard, we behaved as though it was our exam.

Mukesh Ambani
In the journey of an entrepreneur, the most important thing is self-belief and the ability to convert that belief into reality.

Mukesh Ambani
A third track running at that time, apart from academics and the fun stuff, was that my father shared with me his passion for business and entrepreneurship from very early on. Even when I was in high school, I used to spend long hours at office on weekends.

Mukesh Ambani
In the '80s, when I came in, the ground rules were made clear to me. 'Build this business from scratch, without taking anyone from Reliance.' That forced you to be very disciplined. I looked around and figured out in three months that this industry runs on heroes.

Mukesh Ambani
The US and Europe saw large players in foods by the '50s and '60s; but in India, food has always been a disorganised, fragmented value chain. We believe that India's purchasing power will be food-dominated. The first thing we need is safe to eat food that will, in turn, meet many other needs.

Mukesh Ambani
I think that China is maintaining steady growth, it is not decelerating. Europe has found its own transition path and they will transgress through the financial system in an orderly way and it is my expectation. India has had some slow growth. But, I am very optimistic on India,
"I am more optimistic than the most. My view is that this year, we will see the beginning of a recovery, particularly in the US. There has been a fundamental transformation in the energy scene in the US."

Mukesh Ambani
Reliance will get listed on wall street because we want to benchmark ourselves with the top 100 companies of the world.

Mukesh Ambani
I have turned into a big nature fan as well.... I can afford it more today. These childhood influences have shaped me into what I am today.

Mukesh Ambani
Mahatma Gandhi's dream of self-reliance can be attained by making use of Internet and technology.

Mukesh Ambani
And it has to be non-academic. It is easy to be with your kids and say let's do homework together. But we try to do things, beyond doing lunches and dinners. I learnt that from my father. He was a big nature lover and during our school days, we went to different places every Sunday — we walked through the forest or had a bath in streams.

Mukesh Ambani
We have not invested well in marketing ourselves. It is partly because of my trait. I believe that if my conviction is right, I will not need to go and explain myself to anyone. I believed that ultimately everyone will figure out what you are. We are changing this approach.

Mukesh Ambani
We all know India has a huge competitive advantage — we have the largest arable land, focused sunshine, sensible utilisation of water in 30% of land. The question is what should we do to make the US market — the most difficult market in the world — accept our produce. For that, we need traceability. It is a simple technology, which we are giving the farmers. It needs certification and verification processes — to us it is like a process plant. You can then get the output, sort it and grade it.

Mukesh Ambani
The performance of Reliance shows an amazing trend when mapped against time. The inflection point was 1991. We grew exponentially, eventually becoming India's biggest private enterprise, on the basis of freedom to compete against the best in the world.

Mukesh Ambani
But this doesn't work without a scheme. If you ask me to build a power plant, I cannot give that power at 3 cents or 4 cents, unless I put up a 2000 MW project. It's the same for an airport, seaport and all the other stuff. You need to spread costs over a sensible size to keep unit costs low.

Mukesh Ambani
Even when I was doing chemical engineering, I was working almost full time for Reliance. I finished college at 2.30 pm and went straight to the office. I remember, we were raided and my father was in the US.

Mukesh Ambani
Then, we stumbled on human and plant biotech. We were fortunate to have some good people and decided that Reliance can build this business over 5-10 years without any great revenue pressures. In the mainstream business, there was telecom or what I call infocomm.

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 Ambani
We are working at putting the most modern technology in farms at Indian costs. I always say whatever the US implements in dollars we should be able to do it at exchange rate of Rs 10, then we would be globally competitive.

Mukesh Ambani
I am very bullish on India because it is really the aspiration of a billion people and ours is a county where all the billion count. There are some countries in the world where one person counts, there are some where the Politburo or 12 people count.

Mukesh Ambani
We got into life sciences as a defence mechanism in the late '90s

Mukesh Ambani
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.

Mukesh Ambani
I dream of India becoming one of four most powerful economies of the world. I believe this dream can be made a reality within our life times.

Mukesh Ambani
India's story is a "really a bottom-up" one and not the other-way round. We are on long-term growth trajectory and this is just not growth in terms of GDP numbers, this is really for well being of each and every Indian and that's the aspiration.

Mukesh Ambani
[Internet] the biggest discovery after printing press.

Mukesh Ambani
For me, this is a moment of re-dedication to the values, vision and goals of my father, teacher and mentor, Dhirubhai Ambani. To lead by love, by trust, and by example, I learnt these principles from him with humility.

Mukesh Ambani