In a discussion with business workers, Reliance Industries Chairman and Managing Director Mukesh Ambani offered his thoughts on the heritage of founding chairman Dhirubhai Ambani. They provided a compelling vision for Reliance’s future.
On his father’s 91st birthday, Mukesh Ambani emphasized Reliance’s basic beliefs, saying, “We will always cherish his timeless family values.” These are honesty, excellence, empathy, a cooperative attitude, and a dedication to making every tomorrow better than every today for everyone. Reliance’s WE CARE ideology encapsulates these ideals.“
Ambani emphasized that there is no space for complacency in response to the dynamic and ever-changing business world.
“Today’s local and global business landscapes are rapidly changing. There is just no tolerance for laziness. Reliance has never been complacent, and it will never be complacent in the future. We are recognized for always disrupting the market via innovation and reinvention. We have shown the bravery to raise the bar and the capacity to leap even higher to achieve new records. This is how Reliance has maintained consistent growth. And it is in this way that we have kept faithful to our slogan, ‘Growth is Life’, he remarked.
With India on track to become the world’s third-largest economy, Mukesh Ambani highlighted Reliance’s once-in-a-lifetime potential to rank among the top ten global companies. He suggested three main areas of focus:
(i) Always give exceptional value to consumers and consistently exceed their expectations.
(ii) All of the company’s acts must earn the confidence of the community.
(iii) Continuously improve competencies and capabilities at all levels to increase customer loyalty and community trust.
Mukesh Ambani challenged the Reliance Family to cement the group’s position as a worldwide leader in digital data platforms and AI adoption as the firm reinvents itself to become a one-of-a-kind new-age technology corporation across all of its growth engines. “In the Age of Digital Platforms, data, like talent and money, has emerged as a new factor of production. We must be at the forefront of data use, with AI serving as an enabler for achieving a quantum leap in productivity and efficiency,” he stated.
He challenged the Reliance Family to complete AI transformation across all companies by 2024 and to emerge as a pioneer in creating AI to address India’s critical national goals in education, healthcare, agriculture, and job creation.
The RIL CMD reaffirmed his aim for the generation of Akash, Isha, and Anant, saying, “We must keep Reliance forever young, by ensuring that the average age of all our talented teams remains in the ’30s.“
He concluded his conversation by expressing that the firm would never cease dreaming, believing in those ambitions, and pursuing them with optimism, discipline, commitment, confidence, hard effort, and mutual support.
“Let us work together to continue Reliance’s fine tradition of being a happy family, a caring family, and a super-creative family.” 2023 was a fantastic year for both India and Reliance. “The year 2024 will be even better,” Mukesh Ambani said.
