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    Categories: Business

Mukesh Ambani and RIL: Soaring to global heights

<p>Mukesh Ambani and Reliance Industries Limited (RIL) are synonymous entities. Each is incomplete without the other and in retrospect; the success of one is inevitably the consequent of the other. In the last 20 years, Reliance Industries has established for itself a profound standing in the sectors of energy, petroleum and petrochemicals, with the end of the 20th century marking the resinous seal for the same. The dawn of the new century brought with the prospect of branching out into far reaching avenues and over the following decade, Reliance successfully forayed into retail; with blueprinted prospect for rooting into telecom and even financial services sector under RIL flagship. Such weighty ventures, consequential success and farsighted goals for future growth have made RIL the biggest private sector enterprise in India, so much so that it is the largest company in terms of market valuation and among the top ten in Forbes list of world’s largest corporations. Mukesh Ambani is the one of the most powerful CEOs in the global business front and an idol entrepreneur for the young of the world.</p>

<p>While there are those numbers that objectify Reliance’s claim to success rather statistically, such as,  Rs 3,10,790 crore RIL market caps- an amount equal to 6.3 per cent of India’s GDP, total crude processing capacity of 1.24 million barrels per day from its refinery in Jamnagar- the world’s single largest refining complex catering to 1.6 per cent of global or one third of India’s capacity, 2 million tonnes polyester production annually that amounts to 4 per cent of global polyester capacity, 29 oil and gas blocks in India and 13 blocks in its international oil and gas portfolio, 5.5 million customers that stand testament to a Reliance’s retail network covering the entire length and breadth of the nation, and so on. But Reliance’s growth and success has been a given of dedicated efforts, visionary insight and risk taking courage from the spearing force at work – Mukesh Ambani. Taking the company from core industries and augmenting it to far reaching avenues is a matter of much concentrated deliberation and courage. And because of this RIL today enjoys the highest weightage in the Bombay Stock Exchange benchmark index Sensex and highest level of trust from investors, shareholders and end-users alike. It is said that one in every 4 investors in India is a RIL shareholder and speaks for the respect the name garners for itself.</p>

<p>Future is just as bright for Reliance is it continues to venture into the new decade with just as much wisdom and courage. This time around the focus has been one-upped to give Reliance a global outlook. With high flying deals and tie-ups taking shape from the global majors like BP and DE Shaw, Reliance is likely to consolidate its skills with proficient world players in an effort to create for itself a global personality. Needless to say, it will be prolific.</p>
 

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