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Updated December 28th, 2023 at 19:26 IST

Reliance to be among global top 10 conglomerates: Mukesh Ambani at Reliance Family Day

As India gears up to become world's third-largest economy, Ambani outlined Reliance's unparalleled opportunity to rank among the top 10 global conglomerates.

Business Desk
Mukesh Ambani Sets Vision for Reliance's Global Ascent on Reliance Family Day
Reliance Family Day | Image:Reuters
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Mukesh Ambani, Chairman, and Managing Director of Reliance Industries, addressed the company's employees, paying tribute to the legacy of the founder, Dhirubhai Ambani, and charting an ambitious course for the future.

Speaking about the core values of Reliance, Ambani stated, "We will always cherish his timeless family values—integrity, excellence, empathy, the spirit of cooperation, and the commitment to make every tomorrow better than every today for one and all." These values are encapsulated in Reliance’s WE CARE philosophy.

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Acknowledging the fast-paced changes in the business landscape, Ambani emphasised that Reliance has always been at the forefront of disruption through constant innovation and reinvention. "We have shown the courage to set the bar high and the ability to jump even higher to create new records. This is how Reliance has achieved perennial growth," he declared.

As India gears up to become the world's third-largest economy, Ambani outlined Reliance's unparalleled opportunity to rank among the top 10 global conglomerates. The three key focus areas for achieving this milestone include consistently providing extreme value to customers, winning community trust, and enhancing competencies and capabilities across all levels.

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Ambani urged the Reliance Family to consolidate the group's position among global leaders in digital data platforms and AI adoption. "In the Era of Digital Platforms, data has become a new Factor of Production along with Talent and Money," he remarked, emphasising the need to be at the forefront of utilising data, with AI as an enabler for a significant leap in productivity and efficiency.

The visionary leader set an ambitious goal for the Reliance Family, urging them to complete AI transformation across all businesses by 2024. He emphasised the role of AI in addressing India's urgent national priorities in education, healthcare, agriculture, and employment generation.

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Ambani concluded his address by expressing confidence in the younger generation. "The future of Reliance belongs to Akash, Isha, Anant, and their generation," he affirmed, calling for the organisation to be forever young by ensuring the average age of all teams remains in the ’30s.

As Reliance Industries continues to evolve into a unique new-age technology company, Ambani's message resonated with positivity, discipline, resolve, confidence, hard work, and mutual support. "Let us together build on our fine tradition of making Reliance a happy family, a caring family, and a super-creative family. 2023 was a great year for India, and for Reliance. 2024 will be even better," Ambani concluded.

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(With PTI inputs.)

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Published December 28th, 2023 at 19:26 IST

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