A book on Reliance, its founder (Dhirubhai Ambani) and the Ambani brothers (Mukesh and Anil) have always created tremendous interest. It happened with Hamish McDonald The Polyester Prince: The Rise of Dhirubhai Ambani published in 1998. The same buzz was seen recently when McDonald Ambani and Sons, an updated version of the The Polyester Prince, was published in India by Roli Books.
The above books were neither authorised by the Ambani family nor by the company and therefore have rubbed the Ambanis the wrong way.
Now, Mukesh Ambani, chairman and managing director of Reliance Industries (RIL) has decided to write a book on the company and how it has come to become India’s largest private sector company. The book is being written by Mukesh Ambani with the support of a team of 5-6 people within RIL, a person familiar with the development told Financial Chronicle.
The book being published by Penguin is scheduled to be released in April 2011. A formal announcement of the book deal with the publisher is likely to be held in December.
The book will delve in detail about creating the world’s largest greenfield refinery in Jamnagar, the oil and gas discoveries and production from its deep-sea Krishna Godavari basin fields, RIL’s foray into other sectors. Lot of things so far unknown to the public. All coming from the person who heads the company, said the person.
With this, the 53-year-old Ambani, who now ranks fourth on Forbes list of the world’s billionaires, joins the list of Indian corporate leaders who have turned to writing books.
Nandan Nilekani (Imagining India), N R Narayana Murthy (A Better India: A Better World), Kishore Biyani (It Happened in India), Raghav Behl (Superpower), and Capt Gopinath (Simply Fly). SP Hinduja and Azim Premji are some of the other business leaders who are writing their books. This is besides a number of Indian CEOs writing business books based on their experience in working with Indian companies.