1. India may be challenging today, but the India of tomorrow will be fulfilling: Mukesh Ambani

India may be challenging today, but the India of tomorrow will be fulfilling: Mukesh Ambani

Speaking at the India Today Conclave today, Reliance Industries Chairman Mukesh Ambani said that Reliance Industries has ensured its latest telecom venture is the best in the world.

By: | Updated: March 18, 2017 2:43 PM
Mukesh Ambani, Mukesh Ambani at India Today Conclave, Reliance Industries, Reliance Jio, Jio News, Indian Economy, Telecom, Telecom Industry Speaking at the India Today Conclave today, Reliance Industries Chairman Mukesh Ambani said that Reliance Industries has ensured its latest telecom venture is the best in the world. (Source: IE)

Speaking at the India Today Conclave today, Reliance Industries Chairman Mukesh Ambani said that Reliance Industries has ensured its latest telecom venture is the best in the world. He said, without a doubt, Reliance Jio network is better than the ones in developed nations.” Further lauding Indian telecom industry and its consumption, Ambani said that India consume more data than China and technology will play a dominant role in maintaining the lead. Further speaking upon the growth of Reliance Jio, Ambani said, “Speed of adoption of Reliance Jio to 100 million subscribers is more than initial growth of Facebook, Google and Skype. He also said that near about 1.9 million schools will be connected via Reliance Jio over the next two years.

Ambani also said that India need to generate as many as 15 million new jobs per year and Reliance Industry on its own has successfully managed to create 50 lakh sustainable jobs through Jio networks. He also pointed out that the job creation ability of organised sector is limited and thus, India must depend on the unorganised sector. Ambani also applauded Prime Minister Narendra Modi’ demonetisation move and said that post the note ban, our country has taken a massive leap towards digital payments and this has brought unproductive money to productive use. “Based on Aadhaar and big data based on your behaviour it would be possible to get a loan within minutes,” he added further.

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On Economy
Ambani also pointed out the need of ‘Keep in India’ move to retain talent in our country. “We need to combine technology with Indian smartness to do well and will have to learn from the common man to progress.” India must be moved from being a $2.5 tn economy to $40 tn economy, he said adding that this will put us in the top economies of the world list and thereafter create the conditions of equitable distribution. Further in his speech, he said “India may be challenging today, but the India of tomorrow will be fulfilling.”

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“When you focus on your goal, you overcome your obstacles, but if you focus on the obstacles you will never overcome them to reach your goals.” He also said that India of tomorrow will be fantastic. On ease of doing business, reforms in country, I am a no-excuses kind of guy, I think what is important is delivery and execution as well as planning. Flawless execution is a must, he added further. “India has a historic opportunity before us and we must deliver. This generation is impatient. It demands instant delivery,” he said.

On Technology
Ambani also stressed on the importance of technology in our daily lives. He said, “Technology will play a dominant role in our lives across every segment. We have to ensure our children are digitally savvy right early from school.” Take the challenge of providing affordable housing. Today, new materials allow us to make smart housing in half the time and cost while conserving resources, he said. Denial of opportunity is real impoverishment. We should not allow any Indian to suffer from that poverty. We can’t be arrogant about technology, it has to always serve the common man.

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On Healthcare
In healthcare, India can overcome a deficit of infrastructure and doctors by universalising tele-medicine which can bring high-quality healthcare to all people in an affordable manner. Second new green revolution is possible in India and that is the digital revolution.

On Wealth
Money means nothing to me. My father (Dhirubhai Ambani) used to tell me ‘if you start anything just to make money, you are a fool. You will never make money and you will fail. You must start with a purpose and be the best in the world.’ Money is a by-product. All of us eat the same dal-roti. Always chase your purpose. Always have a purpose. Be passionate about things you do. Dreams are something that you don’t have when you sleep. Dreams should be what keeps you awake. All this money, when you take it seriously, will disappear otherwise’.

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