Download Biography Of Dhirubhai Ambani In Gujarati Pdf

At the boarding house where he lived with another twenty-five or so young Gujarati clerks and office boys, he devoted long hours of the night mastering English grammar, essay writing, current affairs and a host of subjects that took his fancy from week to week. He was the first to snatch the English, Gujarati and Hindi daily papers and weeklies as soon as they arrived by the ship ever day.

He also devoured all sorts of books, magazines and journals the passengers arriving from various European and Indian ports left in the ships and at the offices of various shipping agents. Sensing a good opportunity in Textile business, Dhirubhai started his first Textile mill. Setting up his first textile mill in Naroda, Ahemdabad, was the biggest hurdle of his life. With other mill owners opposing the sale of Vimal, the polyester brand, Dhirubhai and his team of highly motivated sales personnel cut through the middlemen (wholesalers) and went straight to the retailers.

The popularity of the fabric and the persuasiveness of Dhirubhai led a number of retailers to sell “Only Vimal”. A sound marketing strategy backed up the product and all of India was soon wearing textiles that came out of the Reliance factory. He equipped his factory with the best technology that could scale up with the rise in demand. The growth of Reliance Industries was unprecedented and of the likes that had not been imagined until then.

Reliance went from a turnover of Rs. 70 crore in the mid-1970s to being a Rs.

Download Biography Of Dhirubhai Ambani In Gujarati Pdf 2017

75,000-crore empire in 2002. High finance was one of Dhirubhai’s key areas of success. He raised a great deal of money by issuing six series of convertible debentures and then converting them to equity shares at a premium. Reliance later diversified into energy, power, infrastructure services, retail, capital markets, telecommunications, logistics and information technology.