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    MM Sharma

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    Mahesh Parit
    1) The document pays tribute to Dhirubhai Ambani, the founder of Reliance Industries, recognizing his visionary leadership and revolutionary changes he brought to business and industry in India. 2) Under Dhirubhai's leadership, Reliance Industries radically expanded its petrochemical operations and integrated operations across various sectors from oil and gas to polymers and fibers in an unprecedented way in India. 3) Key projects completed under Dhirubhai include massive refineries and petrochemical plants in Jamnagar that are among the largest in the world and have transformed India's energy industry.

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    MM Sharma

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    Mahesh Parit
    46 views2 pages
    1) The document pays tribute to Dhirubhai Ambani, the founder of Reliance Industries, recognizing his visionary leadership and revolutionary changes he brought to business and industry in India. 2) Under Dhirubhai's leadership, Reliance Industries radically expanded its petrochemical operations and integrated operations across various sectors from oil and gas to polymers and fibers in an unprecedented way in India. 3) Key projects completed under Dhirubhai include massive refineries and petrochemical plants in Jamnagar that are among the largest in the world and have transformed India's energy industry.

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    1) The document pays tribute to Dhirubhai Ambani, the founder of Reliance Industries, recognizing his visionary leadership and revolutionary changes he brought to business and industry in India. 2) Under Dhirubhai's leadership, Reliance Industries radically expanded its petrochemical operations and integrated operations across various sectors from oil and gas to polymers and fibers in an unprecedented way in India. 3) Key projects completed under Dhirubhai include massive refineries and petrochemical plants in Jamnagar that are among the largest in the world and have transformed India's energy industry.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    46 views2 pages

    MM Sharma

    Uploaded by

    Mahesh Parit
    1) The document pays tribute to Dhirubhai Ambani, the founder of Reliance Industries, recognizing his visionary leadership and revolutionary changes he brought to business and industry in India. 2) Under Dhirubhai's leadership, Reliance Industries radically expanded its petrochemical operations and integrated operations across various sectors from oil and gas to polymers and fibers in an unprecedented way in India. 3) Key projects completed under Dhirubhai include massive refineries and petrochemical plants in Jamnagar that are among the largest in the world and have transformed India's energy industry.

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    of 2

    Prof. M. M.

    Sharma, Ex Director, UDCT


    Mukesh, Anil, members of the Ambani family, office bearers of the association, ladies
    and gentlemen, I would like to pay my unabashed tributes to our dear native, grass
    roots genius, polyman Dhirubhai. He epitomised knowledge is vision and vision is
    knowledge. And progress is the most important product. He had an incredible
    uncanny knack of getting at the essence of any proposal. His razor sharp ability
    could find a breezy corridor in a wild forest of rules and regulations. His responses
    were faster than a wink. He was a legend in his own lifetime.

    He dared to think big and was rewarded amply in so many ways. He rose like a
    colossus. He radically changed the fundamentals of business and polymers. He
    created an initial daily capacity in polyester filaments, which was roughly equivalent
    to the annual capacity of the pioneers. Polypropylene in one go at 400,000 tons per
    annum in contrast to a capacity of 30,000 tons per annum at IPCL, Vadodara in late
    70s, which at that time was considered as a princely capacity. PP is now at 1 million
    tons per annum and before long, I hope as the patriarch had very enthusiastically
    endorsed, should go to 2 million tons per annum.

    There is no company in the world which has integration from oil and gas prospecting
    to petroleum refining to petrochemicals to polymers to filaments, fibres, resins and
    finally to fabrics. Only Reliance. The speed and the cost at which the projects were
    executed at Patalganga and Hazira have no parallels in the world. And of course, the
    magnum opus is the Jamnagar refinery and petrochemicals. This is the world’s
    largest grassroots refinery with the highest capacity cat cracker that too in the
    petrochemical mode rather than in the fuels mode, which is close to about 200,000
    barrels per day, translating to 10 million tons per annum, more than the combined
    capacity of all units in India. Link this with one of the highest capacity coker of the
    world, processing almost 160,000 barrels a day, equivalent to about 8 million tons
    per annum, with full valourisation of products. Even more the 1.7 million tons per
    annum xylene plant, predominantly paraxylene is the highest capacity in the world
    and with full value added utilisation of hydrogen.

    Couple all the above with a very astute financial engineering and surely we have a
    tornado. Isn’t this mind boggling right in front of us before we realise it’s impact? A
    charming verdant atmosphere has been created in the arid Jamnagar. Very soon
    from the highway you would not be able to see the refinery. I’ve reasons to believe
    that the Jamnagar refinery in the next 3 to 4 years will go to 1 million barrels per day,
    translating to 50 million tons per annum, an extraordinary capacity of LPG. Perhaps 5
    million tons per annum, so much needed for cooking in rural and semi rural areas of
    India.

    The kind of performance that we are talking about has had no parallels in India. The
    above projects will unquestionably be a handsome tribute to the departed soul. We
    expect the turnover of the Reliance group to cross, within the next three years,
    100,000 crores a year.
    An acquisition of the IPCL which fortunately happened while Dhirubhai was alive and
    he was so enthusiastic about the whole acquisition and I had the great pleasure of
    seeing his face in a radiant way after this acquisition and this will further add to the
    endeavours of the Reliance.

    I’m absolutely certain that the Reliance flag will fly high in a reliant way in the most
    competent hands of Mukesh and Anil who compliment each other’s talents with the
    heavenly blessings from Dhirubhai. It is a pity that the highest civilian honour was not
    bestowed on him for so many revolutionary changes he brought out, which benefited
    more than 30 million people directly and many more indirectly.

    Every person in the street seems to know the miracle called Dhirubhai. I pray that his
    soul rest in peace.

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