Reliance Industries head honcho, Indian Mukesh Ambani sits fourth on the Forbes rich-list with a personal wedge of $29 billion. The man talks sense. Here are some of his best quotes.
By Robert Carry
“The organisational architecture is really that a centipede walks on hundred legs and one or two don’t count. So if I lose one or two legs, the process will go on, the organisation will go on, the growth will go on.â€
On group mentality.
“I think that our fundamental belief is that for us growth is a way of life and we have to grow at all times.â€
On driving business.
“As long as we place millions of Indians at the centre of our thought process, as long as we think of their welfare, their future, their opportunities for self-realisation, we are on the right track. For India can grow, prosper, flourish, only if they grow, prosper, flourish. We cannot grow by any esoteric strategies. Our purchasing power, our economic strength, our marketplace all depends on the prosperity of our people.â€
On the trickle-down effect.
“China and India will, separately and together, unleash an explosion of demand.â€
On the what will soon be the world’s biggest market places.
“If it is Asia today, then the African continent cannot be far behind.â€
On the economic power of population.
“My father had a greater passion for nature. In fact, I have learnt to love nature from him. He always advocated the cause of conservation of nature. My father instilled that in me.”
On being green.
“My view is to give everyone the space to grow in his own way. When you see restructuring or separations in a family [firm], value has almost always been destroyed. This is the first case where value has been enhanced. In that way it has been a win-win ending.â€
On the aftermath of his takeover of the family business.
“Today I see a billion people as a billion potential consumers, an opportunity to generate value for them and to make a return for myself.â€
On the business opportunities locked up in population.
“Now that economic realism has finally arrived in India, the future lies in becoming a strong economic power. Dominance in the world will come only from how well a nation can cope with economic realism and towards that India must work, must find its own place under the sun.â€
On the future of the sub-continent.
“Relationships and trust. This is the bedrock of life.â€
On what is important.