Tuesday, July 04, 2006
I Dare to Dream Big
Today, 6th July, is the death anniversary of one of the greatest visionaries of India, Dhirubhai Ambani. I am really proud to study in the only institute of higher learning named after him. Probably it is this relationship between us that makes me dream big for my country. Just imagine, a petrol pump boy taking over the reigns of the complete market of India within a span of few years. Converting the country into a net exporter of petroleum and running an organization with discipline in a country famous for just the opposite. Sam Pitroda might have created the PCO revolution but it was the vision(and a Gujarati businessman's drive) that propelled India to the next level, that of mobile telephony. This person had the guts to think big and not be weary of making profits wherever possible(I don't think he believed that business was for charity). Hats off to Dhirubhai.
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3 comments:
Yes, India is a net exporter of petroleum. The basis of finding this out is not in terms of the net flow of crude oil but adding up the total petroleum products exported and subtracting those imported. Since Reliance imports oil, processes it and exports nylon(and such things) at a premium, we become net exporters of petroleum. I'll still confirm if this is true.
"India imports around 70 percent of the crude oil it needs, the cost of this being offset by refined petroleum exports seems to be too fantastic. Do we have any data to back this up?
Yes, when the Jamnagar refinery came fully on line in 2000, India became a net exporter for the first time, exporting 400,000 tons of refined petroleum products. By 2005 India was exporting 9.8 million tons, almost exclusively from the Reliance refinery. Quite a dramatic turnaround."
Source:http://msnbc.msn.com/id/13845304/site/newsweek/page/2/
I hope that clears the doubt.
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