• Mon. Jun 17th, 2024

RIL: Reliance Industries Limited will be among world’s top 10 biz groups: Ambani


Dec 30, 2023
RIL: Reliance Industries Limited will be among world's top 10 biz groups: Ambani


MUMBAI: Reliance Industries chairman and MD Mukesh Ambani wants his energy-to-telecom conglomerate to be among the world’s top 10 business groups. He, however, didn’t put a timeline to his vision. The conglomerate, which was founded by his father in 1957, is ranked at number 88 in Fortune’s global 500 list.
According to Ambani, the goal will be achieved by taking bold and courageous steps, focusing on learning instead of dwelling on past errors and by not remaining complacent.”We are known for disrupting the market through constant innovation and reinvention. We have shown the courage to set the bar high, and the ability to jump even higher to create new records. This is how Reliance has achieved perennial growth. And that is how we have remained true to our motto – growth is life,” Ambani told employees on the 91st birth anniversary of his father, Dhirubhai Ambani, on Thursday.


Over the last decade, Reliance has transformed itself from a traditional energy and materials enterprise into a technology player with the launch of its telecom and digital services. It had upended the country’s telecom sector with its cheap mobile data plans. Ambani told employees there is no room for complacency in a fast-changing business environment.
“Reliance was never complacent in the past and Reliance will never be complacent in future.” Ambani said that it is important that Reliancers work with an ownership mindset. He encouraged employees to be “bold, courageous and adventurous in pursuing present and future goals and in doing so, always support one another”.
“For what we can achieve together is always immensely greater than what one can achieve individually and in isolation,” Ambani said.
He urged the conglomerate’s young leaders not to dwell on past errors and to have a forward-looking mindset. “Young leaders will commit mistakes. But do not waste your energy on conducting a post-mortem on past mistakes. Rather, learn not to repeat the same mistakes.” He motivated employees to ape Dhirubhai’s leadership style.
“At Reliance, we do not have bondages of the past – we face and embrace the future boldly. Because Dhirubhai’s life has taught us one thing… keep the faith and nothing will be impossible.” And so, “Reliance will never stop dreaming, and will never stop believing in those dreams, and will never stop chasing them with positivity, discipline, resolve, confidence, hard work and mutual support.”


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