The fact that Akash Ambani is working with Reliance Jio Infocomm Limited (RJIL) has garnered a lot of attention. Mukesh Ambani’s elder son, Akash graduated from Brown University with a degree in economics some time back and has since then being groomed for a role at Reliance Industries Limited (RIL), a company which was started by his grandfather, Dhirubhai Ambani.
Incidentally, the Ambani scion wasn’t keen on returning to his home land after graduation. “I wanted to work in the US,” says Akash. However, Mukesh Ambani managed to convince the twenty-something to return to his homeland. Passionate about technology, Ambani Jr., returned at the allure of working at Reliance Jio, one of RIL’s most ambitious projects.
An Incredible Legacy:
Akash Ambani’s is following in the steps of his father, Mukesh Ambani who took over the reins of RIL, a company founded by Dhirubhai Ambani in the 60’s. Under Mukesh’s leadership, the company has diversified into Petrochemicals, retail and has even a huge presence in the Indian sporting market. Asked if he feels intimidated in continuing in the family business, Ambani Jr., said he feels inspired rather than intimidated. “It motivates me,So far my experience (at Jio) has been incredible. It’s a lifetime opportunity to contribute to one of the largest rollouts of digital services in the world,” he said.
More importantly, it’s a chance for him to learn the ropes of the business in a similar way his father did nearly three decades ago. Mukesh Ambani dropped out of Stanford University’s Graduate School of Business and returned to RIL to help out his father. Scions of business families work their way up and it is no different with the Ambani’s. At age 24, current chairman and managing director of RIL Mukesh Ambani learnt the fundamentals of the group’s flagship petrochemicals business by shadowing his father, the late Dhirubhai Ambani. Akash is being similarly mentored.
No wonder then that Akash got a taste of company affairs at a young age. He was seen at his father’s side when RIL inked a deal with British Petroleum (BP) in 2011 and he also sat through all critical meetings and learned the ropes of the business from the beginning. Right now though, his focus is on Reliance Jio’s incredibly vast offerings, not to mention 4G services which are expected to have a tectonic impact on India’s burgeoning telecom industry. He has a five day week at the Navi Mumbai office, 50 km from his house on Altamount Road. Only time will tell if Akash Ambani will build upon the illustrious legacy of his family.
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