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PRESENTATION ON Jio

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0% found this document useful (0 votes)
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PRESENTATION ON Jio

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Himanshu
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© © All Rights Reserved
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PRESENTATION

ON

Mukesh Ambani

BY PRABHAT CHAUDHARY
FOUNDER OF RELIANCE COMPANY
• Reliance commercial corporation was founded by Dhiraj Lal Hira Chand Ambani
popularly known as Dhiru bhai Ambani in 1966 as a Polyester firm.

• It was renamed to Reliance industries on 8 may 1973.

• Reliance later entered into financial services, petroleum refining, power sector.

• By 2002 Reliance had grown into a U $ 15 billion conglomerate.

• Ambani was the third of five children born to a village schoolteacher


and his wife, and he grew up in a family of modest means. At the
age of 17, he migrated to the British colony of Aden to join his
brother. He started his career as a clerk at A.Besse & Co., Which in
the 1950s was the largest transcontinental trading firm east of suez

• There he learned trading, accounting, and other business skills. In 1958 Ambani
returned to India and settled in Bombay(Now Mumbai)
• Ambani began business trading in spices in the late 1950s, calling his nascent venture
Reliance commercial corporation.

• He spoon expanded into other commodities, following a strategy of offering higher


quality products and accepting smaller profits than his competitors.

• His business grew quickly, after deciding that the corporation had gone as far as it could
with commodities , Ambani turned his attention to synthetic textiles.

• He made his first foray into backward integration with the opening of the first reliance
textile mill in 1966.

• Continuing a policy of backward integration and diversification, he gradually shaped


reliance into a petrochemicals behemoth and later added plastics and power generation to
the company’s business.
MUKESH AMBANI
Mukesh Ambani Mukesh Ambani Mukesh Ambani
Schooling Bachelers Degree teachers
• MUKESH Ambani completed • Mukesh Ambani holds a • Ambani is highly influenced
his high school from Hill bachelors degree in chemical by his two teacher who taught
Grange high school at Peddar engineering from the institute him to think out of the box-
Road, Mumbai along with his of Chemical Technology .He William F. Sharpe and Man
brother Anil Ambani. He got got admitted at standard Mohan Sharma
admitted in St.Xaviers university to pursue an MBA
college ,Mumbai to complete but drops out to help his
senior secondary education . father build reliance.
MUKESH AMBANI
MUKESH Competitors of
AMBANI-Career Role Played by Politics Reliance
• In the year 1981,after returning to • In the year 1980, Indian under • DHIRUBHAI Ambani applied
India, MUKESH AMBANI INDIRA Gandhi leadership for the license to set up a PFY
helped his father to build reliance opened the doors of PFY plant and faced stiff competition
industries Limited. (Polyester filament yarn) with Tata’s, Birla’s and more.
• The family business by this time manufacturing plant to the private
expanded to refining, sector.
petrochemicals, retail and
telecommunications industries .Its
subsidiary, Reliance Retail Ltd.
is the largest retailer in India.
• MUKESH AMBANI also owns
the IPL team Mumbai Indians and
is the owner of Indian Super
League, a football league in India.
MAIN COMPETITORS OF RELIANCE

MR RATAN TATA MR ADITYA BIRLA


RELIANCE
• Despite the • The company was laid • In 1985,Rasikbhai • At the age of 24
competition ,Dhirubhai on the principle that died and the next years , Ambani was
received the ‘LicenceRaj’. everyone must year in given charge of the
In 1980, he called back contribute to the 1986,Mukesh construction of
Mukesh Ambani to help business and not the Ambanis father Patalganga
him build his business . selected individuals. suffered a stroke. It Petrochemicals plant.
Rasikbhai Meswani was was at this time that
the then director of the all the responsibility
company and Mukesh was shifted to
Ambani reported to him Mukesh Ambani
daily. being the eldest son
of the family.
DISTRIBUTION OF BUSINESS
• On july 6,2002, Mukeshs father died suffering a second
stroke.
• This elevated tensions between the brothers as Dhirubhai
didn’t leave any will for the distribution of the
empire .Their mother , Kokilaben Ambani, solved the
dispute by splitting the company into two
• Mukesh Ambani received Reliance Industries Limited
and Indian Petrochemicals Corporation Limited.
RELIANCE INDUSTRY UNDER THE
MUKESH AMBANI GUIDANCE
• Under Mukesh Ambani guidance, the company built the world’s largest grassroots petroleum
refinery at Jamnagar,Indian and can produce 6,60,000 barrels per day in the year 2010.
• In December 2013,Mukesh Ambani announced a collaborative Venture with Bharti Airtel to
set up a digital infrastructure for the 4G network in India.
• On june 18,2014,he announced an investment of Rs 1.8 trillion across business in the next
three years and launced 4G broadband services on December 27,2015,internally.
• In 2016, JIO launched its own 4g Smartphone under the brand named “LYF”. The
Smartphone was India’s third – largest selling Smartphone that year.
• In September that year, JIO 4G was launched commercially
JIO
• Reliance Jio Infocomm Limited, doing business as Jio, is an Indian telecommunications company and a
subsidiary of Jio Platforms, headquartered in Mumbai, Maharashtra, India. It operates a national LTE
network with coverage across all 22 telecom circles. It does not offer 2G or 3G service, and instead uses
only voice over LTE to p
• The company was registered in Ambawadi, Ahmedabad, Gujarat on 15 February 2007 as Infotel Broadband
Services Limited (IBSL). In June 2010, Reliance Industries (RIL) bought a 95% stake in IBSL for ₹4,800
crore (equivalent to ₹91 billion or US$1.2 billion in 2020). Although unlisted, IBSL was the only company that
won broadband spectrum in all 22 circles in India in the 4G auction that took place earlier that year.[10] Later
continuing as RIL's telecom subsidiary, Infotel Broadband Services Limited was renamed as Reliance Jio
Infocomm Limited (RJIL) in January 2013.rovide voice service on its 4G network
• In June 2015, Jio announced that it would start its operations throughout the country by the end of 2015. [12]
However, four months later in October, the company postponed the launch to the first quarter of the
financial year 2016–2017
• The 4G services were launched internally on 27 December 2015.[17] The company commercially launched its
4G services on 5 September 2016,[6] offering free data and voice
• services till 31 December,[18] which was later extended till 31 March 2017. [19][20] Within the first month, Jio announced
that it had acquired 1.6 crore (16 million) subscribers [21] and has crossed 5 crore (50 million) subscriber mark in 83
days since its launch,[22] subsequently crossing 100 million subscribers on 22 February 2017. [23] By October 2017, it
had about 13 crore (130 million) subscribers
THANKYO
U

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