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Anand Mahindra lauds Mukesh Ambani, says Reliance Jio could give Amazon 'a run for its money'

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Mukesh Ambani is one of the world’s most successful businessmen. He is the chairman of Reliance Industries Ltd, the founder of Reliance Jio, a billionaire with a net worth of $55 billion. But there's more to him than meets the eye.

Anand Mahindra lauds Mukesh Ambani, says Reliance Jio could give Amazon 'a run for its money'
Mukesh Ambani is one of the world’s most successful businessmen. He is the chairman of Reliance Industries Ltd, the founder of Reliance Jio, a billionaire with a net worth of $55 billion.
But there's more to him than meets the eye.
According to Anand Mahindra, the chairman of business conglomerate Mahindra Group, Ambani is a visionary and even more ambitious than his father Dhirubhai.
"Ambani’s vision is now even more ambitious than that of the father whose blessings he unfailingly invokes at the launch of each initiative," Mahindra wrote in an article honouring Ambani’s spot as one of Time’s 100 Most Influential People of 2019.
Ambani and public-interest litigators Arundhati Katju and Menaka Guruswamy, who spearheaded a historic legal battle for LGBTQ rights in India, are among the Indians who have been named by TIME magazine in its prestigious list of the 100 most influential people in the world.
The 63-year old entrepreneur said the scale of Ambani's Reliance Jio mobile-data network, which has already connected over 280 million people in India with low-cost 4G, is "impressive by any standard".
"But what is truly jaw-dropping is the way it will allow Reliance to potentially dominate a staggering array of new businesses. When its enormous retail division is married to the Jio network for e-commerce, it will give Amazon a run for its money," said Mahindra.
Back in 2003, Ambani promised Indians in a well-known advertising tagline that his company would “put the world in the palm of your hand.”
"It won’t be long before he delivers on that promise," wrote Mahindra.
 
 Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

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