Changing Course
Nov 14, 2019
3 minutes
BY NEVIN JOHN
when Indian conglomerates were shopping around the globe to ride on the economic boom, Mukesh Ambani, Chairman and MD of Reliance Industries (RIL), had been reclusive. He was criticised for an inward-looking business approach and not scaling up RIL as a global player in petroleum. In the domestic market, after building the second refinery in Jamnagar and investing in hydrocarbon exploration and retailing in 2010, he took a second plunge into telecom. Then it was silence again until 2014. But that was
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