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The birth of entrepreneurs – Dhirubhai Ambani
Gujarat is a state in India.A community called Mogh Bania lives here.Dhirubhai Ambani was born here, leading the industry in the country on the strength of quality and quality.
Mahatma Gandhi, the Father of the Nation, who fought for the independence of India through Satyagraha through truth and non-violence, was born here.
Born into a very ordinary family, the story of Dhirubhai’s perseverance and perseverance in bringing his industry to global prominence is inspiring to all of you.
Dhirubhai Ambani Birth and childhood
There is a village called Chorwad in Junagadh district in Gujarat.A child was born on 28 December 1932 at the home of a schoolmaster in this village.The school master named Hirachandra Govardhandas Ambani named his fifth child Dhirajalal.
Dhirajalal had two older brothers and two sisters.Ramanik Bhai and Natubhai are his brothers and Niluben and Pushpaben are his sisters.
Since Dhirubhai’s father was a school master, his salary was very low.Dhirubhai wanted to earn some money by working for the rest of his school days.
The key is to find out what the customer needs before starting any business.
He had to drop out of education after passing matriculation.When Dhirubhai passed matriculation, his father died.After the death of his father, all the responsibilities of the house fell on Dhirubhai and his brother.
For people in Gujarat at that time, Mumbai was the only option for work.Dhirubhai was sure that he would not be disappointed in Mumbai, which has provided employment to many like him.but It happened differently,Dhirubhai did not get a job in Mumbai.
The people of the village thought that Dhirubhai should go to Aden like his elder brother.Located in the Arabian Desert, Aden is a small but important port in the Gulf of Aden.
Yemen, the world’s smallest country, is rich in oil.Yemen is an international trading center for countries like England and Australia.The feature is that many Arab companies in Aden only employ Indians.
He got the job when he came to Aden.His initial salary is Rs 150 per month.But in his heart he was not satisfied with the job.
Royal Dutch supplied all kinds of petroleum products at wholesale prices to a company Shell.Dhirubhai got a job as a petrol sales assistant in this company.His initial salary is Rs 300 per month.
Learn what you don’t know dhirubhai Assimilated this rule.Pravinbhai Thakkar, who came to Aden from Gujarat, gave wings to Dhirubhai’s dreams.
By the time Dhirubhai was dreaming of starting his own business, he did not have the capital he needed.
The beginning of relience
Dhirubhai’s brother and Pravinbhai Thakkar started a business in partnership.In the next few years, Pravinbhai started independent stores.
Pravinbhai helped Dhirubhai to become an industrialist.The stores started by Pravinbhai were named Reliance.Relience means trustworthy.Dhirubhai liked the name given by Pravinbhai very much.So Dhirubhai decided that when he started his business, his name would be Reliance.
In 1957, Dhirubhai became a father.His son was born in Aden and named Mukesh.
He came to Mumbai to start his own business.Turmeric, Ginger, Clove, and other Indian spices are in demand in the West country,so Dhirubhai decided to become an exporter.
The first office of Ambani’s business was 350 cubic feet.
While exporting spices, Dhirubhai started exporting soil for roses.One chance they got was the strategic decision taken by the Government of India.
The Indian government had decided to give concessions and some allowances to garment exporters to these African countries.From this, Dhirubhai decided to export clothes.
Along with Champaklal Thamani, Dhirubhai expanded his business and renamed the company ‘Reliance Commercial Corporation’.
Dhirubhai was a businessman who was never satisfied.
Now Dhirubhai wanted to be an entrepreneur himself. Since he was already focused on the textile industry, it was natural to start a textile mill.He started a textile mill at Naroda, 20 km from Ahmedabad.This time he invested Rs 28 lakh in a textile mill and renamed the company Reliance Industries Limited.
Naroda Mill Textiles, known as Reliance Textiles, has become popular name in the world market.
Dhirubhai Ambani in the Stock Market
In 1977, Dhirubhai first sold 2.8 million shares with a face value of 10 Rs.The shares sold immediately.When the list of shareholders was listed in January 1978, the market price of the stock was Rs 23.
Thus, in just a few days, 60,000 ordinary people invested in Reliance and increased the capital of Reliance by Rs. 28 million.
In 1999, Dhirubhai Ambani was named the best industrialist of the 20th century.
Dhirubhai Ambani Commercial storm
The first storm against Dhirubhai was in 1982.Another storm arose in the case of Dhirubhai when VP Singh was the Finance Minister.
The 1980s saw the end of Dhirubhai’s endurance.During this decade, Dhirubhai was accused in many ways.
In 1986, the Indian Express newspaper launched a massive campaign against Dhirubhai. In this campaign, various serious allegations were made against Dhirubhai.
Dhirubhai uses his political connections to eliminate his professional competitors.That was the main allegation.Not only that, Dhirubhai has ties with Pakistan That was the allegation.
After some time, all these allegations became baseless.No matter how many allegations were made by the opposition, Dhirubhai did not stop any Situation.
Dhirubhai Ambani death
Time does not stop for anyone.In 1986, Dhirubhai suffered a stroke.His right side was weakened by a stroke.
Dhirubhai was kept in ICU at Breach Candy Hospital for about 2 weeks.He was receiving the best treatment available at the hospital.
Dhirubhai’s body, however, did not support the treatment.On the evening of July 6, 2002, his condition worsened.Dhirubhai passed away in the middle of the night.
The next day, more than 25,000 people gathered for the funeral.
4 months before Dhirubhai Ambani death
- Total annual turnover: Rs 60,000 crore
- Net profit: Rs 4650 crore
- Total assets: Rs 55,500 crore
Dhirubhai Ambani Industry Feature
- The world’s largest paralin plot with an annual capacity of 1.4 tons
- The world’s fourth largest purified terephthalic acid maker plant with an annual capacity of one million tan
- The world’s sixth largest polypropylene plant with an annual capacity of one million tan
Expansion of Reliance Group
In which of these fields did Dhirubhai Ambani do business?
3.Oil and gas
4.Refining and marketing
9.Financial Services Group
10.Power generation area
Was Dhirubhai Ambani richest man in world?
Total annual turnover: Rs 60,000 crore
Net profit: Rs 4650 crore
Total assets: Rs 55,500 crore
Dhirubhai Ambani 10 Quotes
#01 Focus on your goal, no matter how difficult the situation.Get in the habit of adapting to difficult situations.So every challenge will be an opportunity.
#02 Honestly working honestly with the right balance of yesterday, today, and tomorrow is essential for our progress.
#03 You have to find your own way.Trying your best to solve your problems is the first and most important step to success.Trying your best to solve your problems is the first and most important step to success.
#04 There is no need to chase after success. If you focus on your work with determination, success will follow you.
#05 Thinking is power. Thoughts should always be high, fast, and ahead of others. Thoughts are not owned by anyone. Only on the foundation of thoughts can we build a grand edifice of success.
#06 The eagerness to work should flow. This eagerness should be used for quality work.
#07 Remove impossible words from your life. Disappointment runs away and new thoughts as well as new energy are created to ensure success.
#08 To be successful, you have to be prepared to take risks. Of course, you have to make a habit of using your conscience.
#09 We invest, and so do others. If you want more profit than the investment made by others, then the product should be of higher quality.
#10 Criticism should be given more importance than praise. So we can correct mistakes.