Mahabharata in Polyester. The Making of the World's Richest Brothers Formats : EPUB, PDF, Trade Paper, Mobipocket. Trade Paper, $ (US $) (CA. Ambani had got into polyester manufacturing in a big way, and got huge numbers of fine cotton textiles, it seemed that people couldn't get enough polyester. Mahabharata in Polyester – The making of the world's richest brothers and their feud by Hamish McDonald, Publisher: New South (University of.
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Mahabharata in polyester: the making of the world's richest brothers and their feud, by Hamish McDonald, Sydney, University of New South. The Making of the World's Richest Brothers and Their Feud. Dhirubhai Ambani was a rags-to-riches Indian tycoon whose company Reliance is now one of India’s major corporations. Ambani’s sons Anil and Mukesh, who took over after their father's death in , are worth $43 billion. Read Mahabharata in Polyester by Hamish McDonald for free with a 30 day free trial Ambani had gone into polyester manufacturing in a big way and got huge .
This argument is not new. It is based on India's demographic advantages over China. Its advocates also suggest that Indian democracy acts as a shock absorber in preventing social dislocation. And then there is the drive and skill of the Indian entrepreneurial class. Many would dispute the idea of India outgrowing China. But most accept that Indian business is formidable and that we need to understand it.
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Money can't download love, brothers Anil and Mukesh Ambani. Credit:EPA Dhirubhai was far from ethical. But so were the American giants of the 19th century such as Rockefeller, Carnegie or Frick.
They, like Dhirubhai, manipulated the sharemarket and understood how to cajole, pressure and bludgeon. Those who best take advantage of economic transition are not those who play by the rules but those who seize opportunities.
Dhirubhai was exceptional at this. McDonald's book has real strengths. He gets right the changing business environment in India — from one that favoured the established entrepreneurial families from among the Marwaris and the Parsis to a regime that permitted the rise of entrepreneurs such as Ambani. Advertisement McDonald, who is the Herald's Asia-Pacific editor and a former India correspondent, has an eye for the Indian political game.
Dhirubhai had to spend huge energy on politics. He was close to some, such as the current ministers for petroleum, Murli Deora, and finance, Pranab Mukherjee. He also had to deal with opponents such as the Mumbai political baron Sharad Pawar or prime minister briefly V. With many, including the late Rajiv Gandhi, he had a relationship based on mutual need.
Dhirubhai was a pioneer in both using the media including generous use of the envelope and in harnessing public opinion through his own shareholders. A reservation here is that the book is too technical on some of the stockmarket manoeuvring in which the Ambanis have engaged.
McDonald's research is thorough. A Gujarati entrepreneur commented how difficult it must have been for him to assemble the material, particularly as a non-Indian. Successful Indians generally expect veneration.