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India
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The Treaty of India is that all our billion people count and they have aspirations.
Mukesh Ambani
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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
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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
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As my father was privileged to have witnessed in 1947, independence of India from Britain, I was privileged to have seen in 1991 India embracing economic reforms that liberated our country's entrepreneurial energies. These two transitions set India on the path of development and had a profound on the world both political economic terms.
Mukesh Ambani
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People first want to spend money on food — that is common across the world. The second, in India, is education. In many parts of the world, it comes way down the list of priorities. So, there is a huge opportunity.
Mukesh Ambani
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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
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We only have a superficial knowledge about the true rural India — the power structure, how to operate in tehsils, what are their true concerns, etc. But we think we can significantly change purchasing power and how we live. That's what motivates us
Mukesh Ambani
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We offer to protect their savings in a job here. If you earn $100,000 a year there, you also spend $80,000 and save $15,000-$20,000. We say, if you work for us in India, we will ensure you save $15,000 dollars a year and are part of something exciting without a loss to you.
Mukesh Ambani
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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
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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
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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
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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
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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
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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
Quote of the day
Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Mukesh Ambani
Creative Commons
Born:
April 19, 1957
(age 67)
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