Mukesh Ambani: Mogul of Mumbai
Forbes magazine, this week, has a sort of retrospective on Mukesh Ambani. It traces the rise of Mukesh within the Reliance Empire and the future he is heading into.
Mukesh Ambani is creating India’s first fully integrated private-sector oil company. And he’s not stopping there.
…..Rather than importing polyester yarn from the West, Ambani bought the latest technology from DuPont. Young Mukesh, a chemical engineer, left his Stanford M.B.A. studies and came back to India to build a yarn plant. Mukesh spent the 1980s constructing plants to make polyester ingredients like terephthalic acid and monoethylene glycol and plastics such as high-density polyethylene. In 1986, when Dhirubhai suffered a stroke, Mukesh and his younger brother, Anil, assumed day-to-day control……
Read the entire article here