Wednesday 13 February 2013

Bullish India & Successful Indians

Mukesh Ambani

Asia’s second wealthiest man, Mukesh Ambani, Chairman, Reliance Industries, whose net worth is close to $21 billion according to Forbes magazine, cited that his confidence in the Indian growth story stemmed from the country’s billion consumers moving to make their lives better.

Despite of all the negative talk by economists and adverse opinion by experts showing concern about slowing Indian economy, the nation’s wealthiest man, Mukesh Ambani is bullish on the India story. He has a very positive outlook on the Indian economy.

‘India has had some slow growth but I am really very optimistic on India.’

‘I am very bullish on India, because it’s really the aspirations of the billion people. And ours is a country where all the billion count. And they have aspirations.’

‘India is really a bottoms-up story. It’s not a top-down story,’ Mukesh Ambani told CNN’s Fareed Zakaria, who, like him has his roots in Mumbai.

‘In 30 years, the opportunities that were provided by the country have enabled us to create wealth for India. So, we’ve created millionaires just by investing in Reliance out of ordinary Indians. And that is the process o creating wealth for the country. Once you create opportunity, wealth comes,’ he added.

Successful Indians in Gulf:

Micky Jagtiani
The findings of the Indians Rich List published by Arabian Business, speaks about Indian enterprise and hard work abroad.

  1. Micky Jagtiani – of Landmark Group founder worth $4.5 billion.
  2. Feroz Allana – Food magnate worth $4.3 billion.
  3. Ragu Kataria of a Dubai-based investor worth $2.5 billion.
  4. Yussuf Ali – Managing Director of Abu Dhabi-based EMKE Group worth $2.2 billion
  5. B R Shetty – CEO of Abu Dhabi-based New Medical Centre Group worth $1.9 billion.
The highest ranked woman on the list is Jumbo Electronics boss, Vidya Chhabria. She occupied the 8th place with a wealth worth of $1.4 billion.

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