Dhirubhai Ambani :The Founder of Reliance

Dhirajlal Hirachand Ambani commonly we know him as Dhirubhai Ambani . He was born on 28 December 1932 in a small village called Chorwad (Gujarat). He died on 6 July 2002 in Mumbai. Dhirubahi was founder of Reliance commercial corporation . It was founded by himself in 1966 as s polyester firm.

In 1973 he renamed the company as Reliance industries. As in starting its a polyester firm but later he expand his business and entered into petroleum and financial service. after his death, the company was headed by his two sons Anil Ambani and Mukesh Ambani.

His father Hirachand Gordhanbhai Ambani was a teacher in a small village school. Later Dhirubhai Ambani married with Kokilaben Ambani. He had four children Mukesh Ambani, Anil Ambani, Nina Bhadrashyam Kothari, and Dipti Dattaraj Salgaocar. We get surprised by knowing his qualifications that Dhirubhai Ambani had passed the only 10th.

According to Report, his starting salary was 300 rupees. However, this is not matter of concern because by his extra effort and time, he became a business tycoon.

When he turned 17, he went to yamen where his brother Ramniklal was working. In yamen, Dhirubhai Ambani was working at a petrol pump. Later he became filling manager at the company. He worked in yamen for a while, after a few years he returned to India. Living in yamen, he dreamed to become a businessman.

Dhirubhai Ambani returned to India in 1958 . And after that he started a textile business “Majin” in partnership with his cousin Champaklal. Majin used to export goods . Mainly spices and rayon in yamen and import polyester. Dhirubhai Ambani was set up his first office at the Narsinatha Street in Masjid Bunder. The area of office was 33-meter square , here he had kept very few and important things like three chairs, one telephone, and one table.

During the time, Dhirubhai Ambani and his family members were living in two BHK apartment. In 1956, the partnership with Champaklal got ended. Because of different point of view to run a business this is why their partnership didn’t work out very well. As Ambani has good marketing knowledge.

After end up of partnership he was also known as a risk-taker and believed that in building inventories to rise income. He launched his company in 1966 called Reliance Commercial Corporation .

Dhirubhai Ambani was suffering from a major stroke. His first stroke had occurred in 1986 during the time his right hand got paralyzed. After his second stroke, he admitted to Breach Candy Hospital. After that he went in coma for more than a week and passed away on 6 July 2002.

Source: Journalpur.com