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Sorry I dont see anything so great
by Yogi on Jan 18, 2007 09:58 PM

India is all praises for the Ambani family.. I would like to caution that this kind of idol worship would ensure that while Reliance with its money and might would continue to prosper the other budding entrepreneurs like myself would be left to fend for themselves... I dont see anything so very great in raising money from the public and then getting US giants to build large scale industries for us.. While Dhirubhai succeded in stuggling his way through to create an enterprise like Reliance the environment even today is highly anti entrepreneurial... I would hold Mukesh Ambani resposible for the division in his family.. He bought a car for himself worth 6 crocres.. People have now loaded him with so much money that he doesnt know what better to do with it.. Relaince can easily raise huge funds from where ever they want and with that kind of a money power available build large enterprises for you..However one Reliance is not enough to do much for India.. Thoughtful entrepreneurship has must be encouraged for a 1000 Dhirubhai's to emerge...

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Mukesh Ambani on his childhood