By Admin 
Mukesh Ambani Vision for Reliance: Mukesh Ambani, the legendary industrialist and chairman of Reliance Industries Limited, who was involved in the list of top rich people of the world, said that he often used to say- humans come empty handed and go empty handed, but leave only one institution behind. He said- My father told me that Reliance is a process. This is an institution that should be formed, you have to ensure that Reliance goes after you and me.
Mukesh Ambani further said that the investment made on such a large scale in Jio in the field of telecommunications was the “biggest risk” of his career. At that time we were investing our own money, some experts believed that India is not ready for the most advanced digital technology, so Jio could have been bad.
Live big risk
He said that the decision to invest in Reliance Jio was not so easy. In an interview given to Mechanji & Co., RIL Chairman said that at that time we were investing our own money and I was a majority shareholder myself. We took big risk because the scale matters a lot to us and the goals were also high. He said that “Even if the investment in Jio is not able to give the expected benefits for some reason, then it would have been considered a big step towards making India digital.
Talking on 5G technology, the RIL chairman further said that the entire structure of Jio’s 5G technology has been fully developed. He said that we have created core, hardware, software – every component ourselves. We only included Ericsson and Nokia in 20% part, so that we could tighten the test of our system’s global standards. I told my team, you have to be better than them. And they showed it, today we are really better than them.
Need to be the owner, not a user
Talking about his future plans, Mukesh Ambani said that “I always used to say that we will not only have to become a user of technology, we have to become an innovator. Reliance is moving towards becoming a deep-tech and advanced construction company today. We have started it from telecommunications.
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