[Assam] [asom] Ambani's gift and an ODI in Guwahati

Wed Nov 7 22:55:05 CST 2007

Wow ManojDa,

The info reeled out was awesome! 

Happy Diwali.

Regards,
Sandip

----- Original Message ----
From: Manoj Das <dasmk2k at gmail.com>
To: umesh.sh05 at post.harvard.edu; A Mailing list for people interested in Assam from around the world <assam at assamnet.org>
Sent: Thursday, November 8, 2007 9:32:32 AM
Subject: Re: [Assam] [asom] Ambani's gift and an ODI in Guwahati

Hi Umesh!

India is a great country and we should all be proud of its heritage
and status as the 'guru' to the world, as the land of wisdom.
Everything is definitely not hunky dory. Probably progress would have
been faster and better with a single party rule, as the PM other day
commented in a seminar on federalism. But things are definitely
changing at a very fast pace and I am sure the 'India rising' story is
true. Our BPL, illiteracy rates are receding fast. Democratic India
with a population of 1.2 Bn will be a force to reckon and I am sure
one day you'll all be proud of your Indian connection.

-mkd

On Nov 7, 2007 11:22 AM, umesh sharma <jaipurschool at yahoo.com> wrote:
> I surrender to your judgements. In a land where monuments like Taj Mahal
> were created (today a high school textbook in US of a student of mine had
> the Taj as the full page cover photo)  after 22 years  of labor then perhaps
> anythings is justified.
>
> Umesh
>
>
> Manoj Das <dasmk2k at gmail.com> wrote:
>
>  Ditto Rajni!
>
> I have great regards for Umesh's wisdom and judgement, but the
> headline of his last email on Ambani's gift was something out of
> place. Mukesh's billions belong to him legally, he is free to dump it
> in the Arabian Sea, we needn't bother about that.
>
> Ambanis and Mittals are different genre of entrepreneurship. Mittal
> initially bought sick steel plants cheap from governments and turned
> those around with Indian management skills. He leveraged his Brand
> Equity(BE) to play in the market, and bought many more plants and
> ultimately Arcelor to became the largest producer of steel in the
> world. I feel he has all his eggs in one basket and current boom in
> the steel business is due to the break neck consumption of steel in
> China due to the Olympics and construction boom in BRIC countries. He
> nonetheless epitomizes the Indian entrepreneurship abroad.
>
> Ambanis' greatness lies in creating world scale production facilities
> in India. They like any other successful people found to trick to
> tackle the system, against which we should not have any grudge; we
> might just have plain green envy. They have invested in greenfield
> projects on mega scale and leveraged the BE to raise funds from
> millions of small/other investors to create wealth. They must have
> siphoned off large chunks as any businessman do- but it's possibly
> legal otherwise they would have been behind bars.
>
> I am proud that we have great entrepreneurs like Ambani, who will
> propel India into a great industrial power and someday buy
> Exxon-Mobil, GM, AT&T, PEPSI or Coca-Cola and gift their wives some
> islands in the Pacific Atoll on birthdays as exclusive resorts.
>
> A quick 'jhalak' at what Ambani Sr. is doing to create a personal
> wealth of $100 Bn by 2012.
>
> 1. Refinery: Existing one with capacity of 30 MMT per year. Another
> 100% Export Oriented refinery of 27 MMT under construction at Jamnagar
> costing $6 Bn. together with the existing one, it will be the world's
> largest refinery in 2008.
>
> 2. Oil & Gas: Reliance is ambitiously exploring fossil fuels in India
> and Overseas. Size: 425000 Km. It has drilled 51 exploratory wells
> with a success rate of 61%. Location: Krishna Godavari Basin (Deep sea
> exploration at 4.8 Km). depth of pipeline 3 Km. Building pipeline grid
> (6500 km) across the country to market the gas with current reserve of
> 11.3 Trillion Cu Ft. Currently training 9000 welders, fitters at
> Jamnagar Craft Training School. Stopgap labour import from China-
> 6000. Investment: $9 Bn
>
> 3. Retail: It is shooting for a slice of the growing retail market
> (Rs. 160000 cr now). In less than a year it already has 300 outlets in
> 30 cities and 12 states. Through retail it plans to create 5 lakh
> jobs, and give farmers better planting material, more value for
> products and assured market. The roll out includes from fresh
> vegetables to garments. Plan to cover 2500 towns, 120 million sg ft.
> Investment: $9 Bn
>
> 4. Special Econimic Zones (SEZs): Setting up 4 SEZs in Jhajhar,
> Jamnagar, Raigad and Navi Mumbai spread across 300 sq km. Investment:
> $ 6.5 Bn. These will be Indian's shopfloors to counter China's
> competitiveness.
>
> Now RIL makes Rs. 14 crore ($3.5 Mn) per hour. This year it will have
> a turnover of Rs. 128000 crores ($32 Bn) and net profit of Rs. 15000
> crores ($3.75 Bn).
>
> By 2009 RIL will generate cash reserves of Rs. 60000 ($ 12 Bn) a year
> and by 2012, challenge for Mukesh will be to invest Rs. 300000 ($75
> Bn) profitably.
>
> If he spends portion of his money for personal gratification, we must
> excuse. After all it's giving employment to those at Seattle:)
> Currently Mukeshbhai is building his 360 degree sea view mansion of 60
> floors at Altamont Road with a home theatre, lap pool, helipad at an
> investment of Rs. 600 crores.
>
> Era of Indian commercial colonialism may have just began- beware
> west...just joking:)
>
>
>  wrote:
> http://groups.yahoo.com/group/assamonline/message/3805
>
>
>
> Yahoo! Groups Links
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>
>
>
> Umesh Sharma
>
> Washington D.C.
>
> 1-202-215-4328 [Cell]
>
> Ed.M. - International Education Policy
> Harvard Graduate School of Education,
> Harvard University,
> Class of 2005
>
> http://www.uknow.gse.harvard.edu/index.html (Edu info)
>
> http://hbswk.hbs.edu/ (Management Info)
>
>
>
>
> www.gse.harvard.edu/iep (where the above 2 are used )
> http://harvardscience.harvard.edu/
>
>
>
> http://jaipurschool.bihu.in/
>
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