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The legendary Dhirubhai Ambani Biography Childhood to brilliant businessman


Dhirajilal Hirachand Ambani was born on December 28th, 1932 at Chorvad city which is a municipality in Juganadh District in Gujarat, into a Modh family. His father’s profession is a school teacher who worked for a very nominal salary that never had proper timely reception of money. It is not ironical but could be funny to say that Dhirubhai Ambani started his business prospect and entrepreneurial skills by selling bhajias in the weekends when he was a kid over the weekends to the pilgrims at the Mount Girnar. Girnar is actually a collection of mountains in the Juganadh District which is actually located at around 327 kilometers from the heart of the Ahmedabad city which laid the stepping stones of success and paved a way for the business future of Dhirubhai Ambani. At the age of 16, Dhirubhai Ambani moved to Aden in Yemen after finishing his matriculation. For a long time, he worked there as a gas station attendant and then moved to a gas station company and placed as a clerk. After earning enough money, he came back to India in the year 1958 and invested around 50,000rs to set up and establish a trading company in regard to the textiles. After that, he was assisted by two of his sons Anil Ambani and Mukesh Ambani to build the India’s largest private sector company that stood as its first page in the history of Indian economy and business, The Reliance Industries in the year 1966. It’s not just a normal business firm or a tiny company that just stood for a longer time as the way it started from the scratch. Over the period of time, The Reliance Industries showed their interests in expanding their business from Textile industry to a variety of fields.

Dhirubhai Ambani Childhood to Businessman

Dhirubhai Ambani’s impact on the country:

It is not just India, but the entire world moved their heads and looked upon this brilliant businessman at one point of time. Dhirubhai Ambani is credited with the most impeccable person in shaping up India’s equity culture and stand as the most respectable business personal. He had attracted lakhs of retail investors in the market which were till then dominated by the financial investors. He actually completely revolutionized the capital markets. From absolutely nothing, he actually generated Crores of rupees to all those who had their trust on this industry and put their interests and shares into his businesses and never ever disappointed any of his consumers and stake holders at any point of time. In early 1980’s, reliance became the most favorite of the stock market after their revolutionary invention of innovative ventures like convertible debenture instrument. Reliance became the first business to take on charge in raising money over the internationally standardized global markets only by Indian sovereign rating at any point of time. Dhirubhai Ambani expired on 6th of July, 2002 in Mumbai.