Mukesh D. Ambani has completed 20 years at the helm of Reliance Industries Ltd (RIL) — two decades of dizzying change that saw the making of a global conglomerate, reaching a large swath of industries from oil refining and petrochemicals to telecom, retail, green energy and now financial services.
Ambani’s tenure at the top was marked by Reliance reporting a 17-fold jump in revenues and a 20-times surge in profit, while the company’s market cap grew at an annual rate of 20 per cent.
Mukesh Ambani took over the reins of RIL after the sudden demise of his industrialist father Dhirubhai Ambani.