Mukesh Ambani on Newsweek cover



Mukesh Ambani's ambitions are bigger than ever. Since the breakup in the family, Ambani, 49, has finalized plans to invest more than $11 billion over the next decade to build two new satellite cities outside creaking, overcrowded Mumbai and Delhi.

He foresees these metropolises emerging within just four years, each with a population of 5 million people making $5,000 a year, on average (or seven times India's norm), and hosting top multinational companies.

Ambani's favorite scheme aims to revolutionize in one swoop two of India's largest but most backward sectors: farming and retail.

Ambani is in many ways the enthusiastic extreme in a booming India, which has seen an explosion of entrepreneurial energy every time it opens a new industry to competition.

Read report.
Share on Google Plus

0 comments :