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20 years at Reliance helm: Mukesh Ambani redefines scale, business growth

From inheriting legacy textile and oil businesses to stepping into retail, telecom and digital, RIL is a company for New India, say experts

Reliance Jio to roll out 5G in major Indian cities by October 2022.
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Viveat Susan PintoSundar Sethuraman Mumbai
At the 45th Annual General Meeting of Reliance Industries (RIL) in August, Chairman and Managing Director (CMD) Mukesh Ambani described the company as an “unputdownable book” with never-ending chapters of success.
 
“Reliance grew from strength to strength because we internalised the founder’s mindset of purpose, philosophy and passion,” he said. Wednesday marked the 90th birth anniversary of RIL founder Dhirubhai Ambani.
 
Mukesh Ambani, 65, also the world’s eighth richest person according to Forbes, took over as CMD in July 2002 following the demise of his father. From inheriting legacy textile and oil and gas businesses to stepping into areas such

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First Published: Dec 28 2022 | 9:21 PM IST

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