Chairman and managing director of Reliance Industries, Mukesh Ambani, aspires his energy-to-telecom conglomerate to rank in the top 10 corporate groupings globally. He did not, however, give his vision a timeframe. According to Fortune's worldwide 500 ranking, the corporation, which his father created in 1957, is rated 88th.
According to Ambani, the goal will be achieved by taking bold and courageous steps, focusing on learning instead of dwelling on past errors and by not remaining complacent. “We are known for disrupting the market through constant innovation and reinvention. We have shown the courage to set the bar high, and the ability to jump even higher to create new records. This is how Reliance has achieved perennial growth. And that is how we have remained true to our motto - growth is life,” Ambani told employees on the 91st birth anniversary of his father, Dhirubhai Ambani.
Reliance has evolved over the past ten years from a conventional energy and materials company to a major participant in technology with the introduction of its digital and telecom services. With its inexpensive mobile data plans, it had completely disrupted the nation's telecom market. Ambani informed the staff that in a corporate climate that is changing quickly, complacency is not an option.