News Update

Mukesh Ambani: Reliance aims top 10 globally, perpetual ambition persists

• ByStartupStory     |    December 28, 2023

Billionaire Mukesh Ambani asserts Reliance Industries Ltd’s perpetual growth trajectory, aiming to elevate among the top 10 global conglomerates. Addressing employees on Reliance Family Day, Ambani emphasized their unwavering commitment to advancement.

“Reliance was never complacent in the past, and Reliance will never be complacent in the future,” Ambani affirmed, underscoring the company’s ethos of continuous innovation and market disruption.

From modest beginnings as a textile unit, Reliance strategically expanded into petrochemicals, establishing the nation’s largest production facilities. It further burgeoned into the world’s largest single-location oil refining complex.

Ambani highlighted Reliance’s diversified ventures, including dominating the retail sector and pioneering Jio, which swiftly became India’s largest telecom operator and third-largest globally.

Anticipating India’s ascent to the third-largest economy, Ambani envisions an unprecedented opportunity for Reliance, aspiring to secure a spot among the world’s top 10 conglomerates without specifying a timeline.

He urged employees to focus intently on delivering exceptional value to customers while fostering collaboration and system enhancements. Ambani stressed the imperative of creating unparalleled products and services, alongside actions that uphold community trust and foster continual competency enrichment.

Ambani’s key directives for the upcoming year encompass cementing Reliance’s position in digital platforms and AI adoption globally, fortifying talent enrichment, and reinforcing institutional culture.

“As Reliance reinvents itself into a unique technology company, leveraging data and AI becomes pivotal for decision-making and resource optimization,” Ambani stated, emphasizing the role of data as a critical production factor.

He highlighted the imperative for all Reliance sectors to undergo transformation, integrating AI and data utilization. Additionally, he emphasized accelerating efforts to develop AI solutions addressing India’s vital needs in education, healthcare, agriculture, and employment.

To nurture an AI-immersive culture, Ambani stressed the importance of developing talent and competencies. He underscored the founder’s mindset as fundamental to Reliance’s work culture, urging ownership and passion alignment among employees.

Ambani emphasized sustaining Reliance’s youthful essence, foreseeing its future with the next generation, his children Akash, Isha, Anant, and their peers.

Follow Startup Story