Ambani pushes Made in India |
India`s most valuable company Reliance Industries is pitching for India to become self-reliant in the manufacturing sector. Reliance Industries Chairman Mukesh Ambani said that India is ripe now to support small and medium entrepreneurs and get them a physical start-up in the same way that we have start-ups in the technology sector. He said, “we need as much thinking about bricks as we have about clicks.” Speaking at a book launch, Ambani said Jio is the answer to his father Dhirubhai`s query long back on whether `every Indian could speak with each other at the cost of a postcard`. He said, "My father was a son of a schoolteacher who came to the City of Mumbai to live the Indian dream in 1960. And he came with Rs 1,000 and a belief that if you invest in businesses of the future and in talent, we can create our own Indian dream, and we can create one of the largest enterprises or companies in the world.” Dhirubhai`s Reliance Industries is today India`s most valuable company that spans from energy to textiles, retail, and telecom. Referring to the pre-liberalization permit era, Ambani said there was a time when Reliance was show-caused by the government and penalized for producing more than its licensed capacity. He said everything that we do today is linked to production and more production. So that is how much mindsets have changed. He added until the economic reforms of the 1990s, we used to struggle to create every 10,000, 20,000, 30,000 tonnes of polyester capacity, and now India is among the top two polyester producers in the world.
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