The famed rivalry between the Ambanis and the Ruias

IIPM PUBLICATION

It didn’t help that (true or false), the famed rivalry between the Ambanis and the Ruias prompted many analysts to suggest that the ‘upstart’ Ruias had bitten off more than they could chew by taking on the formidable Ambanis. The Reliance patriarch Dhirubhai Ambani had for long nursed a vision about his Group straddling India’s infrastructure sectors like a colossus. In the mid 1990s, the Ruias boldly (and brashly?) announced that even they would hop in a straddle infrastructure; and that even they would be no less as a colossus. More specifically, Ambani had already started building one of the most integrated petroleum and petrochemical operations in the world. The Essars announced their grand intentions of barging into petroleum refining as well as oil and gas exploration.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative