Mukesh Ambani Success Story | Jio | Motivational Story

Mukesh Ambani, Is the Richest person in Asia On July 10th Mukesh Ambani Overtook Warren Buffet To become the 8th richest person on the planet.

Within a week, on 14th July Mukesh Ambani Overtook Elon Musk and Google founders And climbed up to the 6th spot Emerging as One among the top 10 richest people.

What are the success secrets of Mukesh Ambani?

And what role did Jio play in this success?

Similar to the 4g Will Ambani bring a 5g revolution in India? What are Mukesh Ambani’s future strategies?

To know the answer read till the end And Let’s get started Mukesh Ambani is the elder son of Dhirubhai Ambani.

He completed his graduation in Chemical engineering And went to Stanford for MBA.

And then A PFY factory was established by Dhirubhai Ambani And to take care of this Mukesh Ambani returned to India, leaving his MBA.

That is the first step of Mukesh Ambani into business After that, Under his leadership Reliance was established firmly in many sectors Importantly,

Worlds largest Petroleum refinery located in Jamnagar, Gujarat was established by reliance under Mukesh Ambani’s leadership in 2010.

Itself, Reliance started refining 30 Million tonnes of petrol this itself defines the scale of that refinery.

And under this, Many chain companies of reliance were established like Petrochemical, power generation, etc.

After Mukesh and his brother Anil parted away These petroleum-related companies Were under the control of Mukesh Ambani.

And the profits earned were Invested by Ambani in various other sectors And developed his business empire.

This strategy also helped a lot In expanding his empire which helped him succeed When Ambani brothers parted away.

They have made a Non-Compete Clause (NCC) Agreement NCC in simple terms means that one shouldn’t enter the business field that the other is in But,

Anil Ambani wasn’t able to handle reliance telecommunications And Anil was in huge losses by then.

So Mukesh Ambani Under Reliance Jio industries limited entered the telecommunications sector.

And this is a turning point in the Indian telecom sector.

Jio’s commercial launch happened on 5th September 2016.

Jio created a revolution in the telecommunications sector Within one month of its launch Jio earned 16 million subscribers.

Jio is the fastest to earn so many subscribers And within 83 days of its launch, Jio earned 50 million subscribers.

It took 12 years for Airtel to reach 50 million subscribers *Vodafone* Idea reached that mark in 13 years.

This is enough to understand the success of Jio And in 2017 As per the report of the Internet and mobile association of India Between 2016 and 2017 50 million Indians got access to internet for the first time.

Jio created such a huge revolution in India, Lets have a look at The strategy of Mukesh Ambani behind Jio’s success.

The main difference between Jio and other mobile networks is Jio’s optical fibre network.

Optical fibre in simple terms is It converts our data into the form of light and is sent through the optical fibre.

This achieves faster data transfer speeds Jio has an optical fibre network of 2,50,000 Kilometres.

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